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HomeBusiness4G subscriber additions in Aug highest in 2 years | Business News

4G subscriber additions in Aug highest in 2 years | Business News


The 4G subscriber additions for telecom operators — Jio, Airtel and Vodafone Idea — rose to a two-year high at 7.1 million in August, data from the Telecom Regulatory Authority of India (Trai) showed. The increase in the 4G susbcriber base can be attributed to an uptick in migration from 2G to 4G, adoption of JioBharat and telcos’ focus on premiumisation, analysts said.

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At 3.2 million, Reliance Jio continues to lead 4G subscriber addition for the sixth straight month in August. Airtel and Vodafone Idea added 2.6 million and 1.3 million subscribers, respectively.

As of August-end, Jio’s subscriber base, which only has 4G users, was at 445.7 million, while the same for Airtel and Vodafone Idea stood at 247 million and 125.5 million, respectively, Trai data showed.

“Notably, the 3G/4G subscriber additions during the first two months of 2QFY24 (July-September) alone were more than the 3G/4G subscriber additions over each of the previous two quarters – indicating a strong momentum on this front,” said Jeferries in a note. According to the brokerage, Airtel’s focus on 4G subscribers and the steady adoption of JioBharat are reasons behind this acceleration. Even as Vodafone Idea added 1.3 million 4G subscribers in August, analysts said the market share continues to shift towards Airtel and Jio, and this indicates sustained pressure on Vodafone Idea to roll out 5G services. In 2023 till August, Vodafone Idea added 1.7 million 4G subscribers, compared to 18.2 million and 21.2 million by Airtel and Jio, respectively.   FE

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