Reliance Jio is now officially the fourth largest telecom company in India, grabs 10% share

Key Highlights

• Reliance Jio subscriber base at 10.86 crore; market share 9.29%.
• Smaller players like Tata Docomo and Aircel have lost market share in the month of March.
• Airtel still a big time player with a total subscriber base of 27.3 crore.

Mukesh Ambani-led Reliance Jio Infocom Ltd garnered 9.29% market share as on March 31, Telecom Regulatory Authority of India (TRAI) said on Friday.

Reliance Jio has 10.86 crore subscribers at the end of March 31, 2017. 

TRAI’s data showed that Jio’s total subscribers were 10.2 crore in February and added 58 lakh new subscribers in one month with its Prime membership and other promotional offers.

The company’s market share was 8.83% in February.

The Prime membership that would give its customers discounts on apps usage and data benefits for another year included a one-time payment of Rs 99.

Jio said that as on March 31 the company has garnered 7.2 crore Prime subscribers out of the total.

Broadband wireless subscribers of the company amounted to its total subscribers.

Also Read: Reliance Jio's freebies cause Airtel, Idea to lose revenue

Bharti Airtel still remained India’s telecom major with 27.3 crore wireless subscribers in March.

The company had a market share of 23.39% in March as compared to 23.25% in February.

Airtel and Telenor merger deal came through with the customer adding the latters’ subscriber base to its own.

New subscriber addition in March amounted to over 12 lakh taking its total subscriber base to 270,648,647 (or 27.3 crore).

Also Read: Airtel offers 100% more data across high speed broadband plans with V-Fiber

However subscriber base of small time players were seen to decrease from its previous month.

Tata Docomo that had a 4.40% market share dropped to 4.19% in March. Its subscriber base dropped 22,30,840  to 4.8 crore.

Similarly Aircel that had a market share of 7.82% in February dropped to 7.77% in March declining 15,374 to 90,899,868 (9crore).

“Total wireless subscribers (GSM, CDMA & LTE) increased from 1,164.20 million at the end of Feb-17 to 1,170.18 million at the end of Mar-17, thereby registering a monthly growth rate of 0.51%,” TRAI said.