Jio overtakes Airtel in revenue market share in Q4 2023: TRAI data

Jio overtakes Airtel in revenue market share in Q4 2023: TRAI data

Jio's Infocmm's gross revenue market share shot up by 13 basis points.

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Mumbai: Reliance Jio has pipped Bharti Airtel in revenue market share (RMS) in the fourth quarter of fiscal year 2023. Jio's Infocmm's gross revenue market share shot up by 13 basis points (bps) to 41.7 per cent between January-March 2023 while Airtel's RMS remained unchanged at 36.5 per cent. Vodafone Idea (vi), the third private telco in the country, lost its RMS by 42 bps to 16.6 per cent, according to data mentioned by the Telecom Regulatory Authority of India (TRAI).

Jio added 30.5 lakh mobile subscribers in March while Vi lost 12.12 lakh wireless users during the month, according to TRAI. Bharti Airtel onboarded 10.37 lakh mobile subscribers in March, raising its subscriber base to 37.09 crores in March against 36.98 crores in February.

Reliance Jio added 30.5 lakh subscribers in March, as its subscriber count exceeded 43 crore, compared to 42.71 crore in February.

Vodafone Idea, which trails Reliance Jio and Bharti Airtel in the mobile market subscriber tally -- lost 12.12 lakh mobile users in March. Vodafone Idea's mobile subscriber base shrunk to 23.67 crore in March, from 23.79 crore in the previous month.