Telecom stocks in action after TRAI data

19 Jul 2022 , 02:55 PM

Total wireless subscribers increased from 114.26 crore at the end of April 2022, to 114.55 crore at the end of May 2022, thereby registering a monthly growth rate of 0.25%. Reliance Jio added 31.11 lakh subscribers in the month of May 2022 and its total subscriber based stood at 40.87 crore. Reliance Industries (RIL), which controls Reliance Jio, was up 0.98%. Bharti Airtel (up 1.46%) added 10.27 lakh subscribers in the month of May 2022 and its total subscriber based stood at 36.21 crore. Vodafone Idea (up 1.13%) lost 7.59 lakh subscribers in the month of May 2022 and its total subscriber based stood at 25.84 crore. As on 31st May 2022, the private access service providers held 89.87% market share of the wireless subscribers whereas BSNL and MTNL, the two PSU access service providers, had a market share of only 10.13%. Powered by Capital Market – Live News