IndianMascot
Core Member
Reliance Jio Infocomm Ltd.’s revenue market share jumped for the sixth consecutive quarter, mostly at the expense of India’s biggest telecom operator—Vodafone Idea Ltd.
The Mukesh Ambani-controlled wireless carrier, which triggered a tariff war in the country’s telecom sector, gained nearly 10 percentage points of revenue market share from Vodafone Idea since it started reporting its financials in the quarter ended June 2017, according to data compiled by BloombergQuint.
While Bharti Airtel Ltd. has so far conceded less than four percentage points during the period, India’s youngest telecom operator now controls 30 percent revenue market share.
The Mukesh Ambani-controlled wireless carrier, which triggered a tariff war in the country’s telecom sector, gained nearly 10 percentage points of revenue market share from Vodafone Idea since it started reporting its financials in the quarter ended June 2017, according to data compiled by BloombergQuint.
While Bharti Airtel Ltd. has so far conceded less than four percentage points during the period, India’s youngest telecom operator now controls 30 percent revenue market share.