On adjusted gross revenue (AGR), Reliance Jio beats Vodafone Idea, Bharti Airtel
Since its launch, Reliance Jio has logged a big revenue market share (RMS) gain that is as much as 375 basis points in just over two years. Compared to other telecom operators like Vodafone and Bharti Airtel, Jio has set a strong footing in key states and rural mobile markets.
Since its launch, Reliance Jio has logged a big revenue market share (RMS) gain that is as much as 375 basis points in just over two years. Compared to other telecom operators like Vodafone and Bharti Airtel, Jio has set a strong footing in key states and rural mobile markets. In terms of adjusted gross revenue (AGR) Reliance Jio has lepfrogged from access services for the quarter ending September.
The Mukesh Ambani-led Jio’s AGR from access service is at Rs 8,271,86 crore, according to a financial data by Telecom Regulatory Authority of India (TRAI). This excludes the national long distance, or NLD, services revenue. Compared to Jio, Vodafone's AGR stands at Rs 7,528.35 crore and Airtel’s Rs 6,720.91 crore in the same quarter.
The NDL revenue which is generated when a telecom operator carries a voice call from one circle to another is considered then Jio’s overall AGR stands at Rs 8,300 crore. Whereas, Vodafone's overall revenue is Rs 10,500 crore and Bharti Airtel’s Rs 9,900 crore.
While, Vodafone and Airtel's AGR were down by 6.2 per cent and 3 per cent, Jio's AGR was up by 16 per cent on a quarter-on-quarter basis. In the same quarter, Airtel's overall AGR also includes the 45 day revenue of Telenor India, which was acquired by Airtel in May.
Jio has expanded its RMS by 375 basis points (BPS) to 26.1 percent as compared to the last quarter. On the other hand, Vodafone's RMS dropped from 190 bps to 32.8 percent and Airtel’s RMS dipped from 75 bps to 30.9 percent.
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