fbpx

Reliance Jio Loses 10.9 Million Subscribers in Q2 Amid Price Hike – But Is Airtel Catching Up?

Reliance Jio recently shared its results for the second quarter, revealing that it lost about 10.9 million subscribers during this period. This drop came around the same time as Jio raised the prices of its recharge plans.

However, the company isn’t too worried about this decline because its overall performance remains strong. Jio’s 5G user base increased from 130 million to 147 million, and its Average Revenue Per User (ARPU) went up from ₹181.7 to ₹195.1. Jio also reported a higher net profit of ₹6,536 crore, despite losing subscribers.

A report from OpenSignal showed Jio’s dominance in three important areas: network speed, coverage, and consistency. According to the India Mobile Network Experience Report (October 2024), Jio’s download speed hit 89.5 Mbps, much faster than Airtel’s 44.2 Mbps and Vi’s 16.9 Mbps. Jio’s speed is more than double that of Airtel, making it the top choice for those who want fast internet for streaming, gaming, and other data-heavy tasks.

Jio’s coverage also stands out, as it reaches even the most remote areas of India. Its extensive infrastructure has played a big role in bringing mobile services to rural parts of the country, where reliable connectivity is often limited.

In terms of consistency, Jio leads with a 66.5% score, providing a stable and smooth experience for both internet use and voice calls. This reliability ensures a high-quality user experience, whether for work or entertainment.

Despite losing subscribers, Jio’s growth in 5G users, higher ARPU, and its top performance in network quality show that it remains strong in the Indian telecom market.

Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.​​

Join WhatsApp Group WhatsApp Logo Join WhatsApp Group for Free Stock Market Learning & Earning!
We will be happy to hear your thoughts

      Leave a reply

      Share Price India News
      Logo