Telecom stocks in action after TRAI data

17 Feb 2022 , 02:32 PM

Total wireless subscribers decreased from 116.75 crore at the end of November 2021 to 115.46 crore at the end of December 2021, thereby registering a monthly decline rate of 1.10%.

Reliance Jio lost 1.29 crore subscribers in the month of December 2021 and its total subscriber based stood at 41.57 crore. Reliance Industries (RIL), which controls Reliance Jio, was up 1.42%.

Bharti Airtel (down 0.34%) added 4.75 lakh subscribers in the month of December 2021 and its total subscriber based stood at 35.57 crore.

Vodafone Idea (down 0.66%) lost 16.14 lakh subscribers in the month of December 2021 and its total subscriber based stood at 26.55 crore.

As on 31st December 2021, the private access service providers held 89.81% market share of the wireless subscribers whereas BSNL and MTNL, the two PSU access service providers, had a market share of only 10.19%.

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