Bharti Airtel vs Reliance Jio vs Vodafone Idea - check who is gaining market share across parameters
ICICI Securities highlights that in Q2 FY21, consumer spends on mobile services (post GST) rose 4.5% QoQ / 23.9% YoY to Rs 373 bn on relaxation of lockdown. Postpaid net revenue improved 3.6% YoY, but is still down 1.4% YoY due to no material tariff hike unlike in the prepaid segment. Prepaid net revenue grew 7.5% QoQ / 35.8% YoY and ARPU rose 7.1 QoQ / 34.3% YoY to Rs 90. 4G subscriber (sub) addition accelerated to 4.6% QoQ (net add: 29.5 mn) to 676mn on higher shipment of smartphones.
Reliance Jio’s 4G sub market share dipped 170 bps QoQ (down 400 bps YoY) to 59.8%. Bharti Airtel’s 4G sub market share improved to 22.6%, up 120 bps QoQ / 400 bps YoY: Reuters