IndiaCatalog.com
India News
Search Web Directory
News Home
Airtel, Idea, Vodafone add 4.74 mn subscribers in Oct
Posted on 22nd November 2017
Indicating that worst might be over for the telecom industry, all the top three incumbent operators added around 4.74 million subscribers during October.

Although Bharti Airtel has been adding customers regularly barring an odd month when the telco lost users, Vodafone and Idea Cellular have been losing subscribers for the past few months, causing their base to shrink a little.

However, in October, Airtel added 3.14 million subscribers, followed by Vodafone which added 879,413 customers and Idea Cellular 713,408.

"India's private telecom service providers have a total of 953.80 million subscribers. The data also includes the figures of Reliance Jio and MTNL by the end of August 2017," industry body COAI said in its monthly report.

The net additions for GSM operators for the month of October stood at 3.10 million as Aircel and Telenor lost 497,264 and 1.14 million subscribers respectively.

The addition by incumbent operators is good news as the telcos managed to increase their base despite competition from Reliance Jio. The latest entrant in telecom space is also seeing some slowdown in subscriber additions. Although Jio is still adding the highest number of subscribers every month but the number has been declining.

The subscriber additions of Jio are not known for October as the operator did not report its numbers to COAI.

Amongst the individual companies, Bharti Airtel continues to hold the top position, with 29.90 per cent market share with a total subscriber base of 285.20 million. Airtel is closely followed by Vodafone, which ended October with 208.32 million subscribers with a market share of 21.84 per cent while Idea Cellular stood at 190.87 million subscribers and 20.01 per cent market share.

The incumbent operators faced the onslaught of free offers and cheaper rates from Jio. The profitability of all the older operators was majorly hit as they were forced to match rates to retain customers. Sector watchers say with Jio raising its rates, there could be stability and an end to the neck-and-neck competition.

Related Companies: IDEA Cellular Limited   

Other Latest News
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019

Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.

Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade.


Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

On a weekly basis, the local unit slumped by 32 paise.


LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19.

Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai).


Apollo Hospitals rules out further stake sale
Posted on 13th September 2019
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here.

World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for Airtel, Idea, Vodafone add 4.74 mn subscribers in Oct
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for Airtel, Idea, Vodafone add 4.74 mn subscribers in Oct

Most Read News

More India News

  India Web Directory
Business Profiles
Yellow Pages
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2026 IndiaCatalog.com
    All Rights Reserved
Privacy Statement