Telecom Subscriber Base in India Grew Marginally to 1,173.89 Million at June End: TRAI

Telecom subscriber base in the country grew marginally to 1,173.89 million at the end of June on account of new customer additions led by Reliance Jio, sector regulator TRAI said on Thursday. 

The subscriber base growth was driven by mobile telephony where Reliance Jio added over 2.27 million new customers and Bharti Airtel added 1.4 million customers.

“The number of telephone subscribers in India increased from 1,172.57 million at the end of May-23 to 1,173.89 million at the end of June-23, thereby showing a monthly growth rate of 0.11 percent,” the Telecom Regulatory Authority of India (TRAI) said in its monthly subscriber report.

However, the overall growth was mitigated by the loss of subscribers by state-owned BSNL, MTNL and Vodafone Idea (VIL).

BSNL lost 1.87 million mobile subscribers, VIL lost 1.28 million subscribers and MTNL (1,52,912 subscribers).

The net addition in wireless subscribers of telecom operators in the month of June was 3,73,602.

“Total wireless subscribers increased from 1,143.21 million at the end of May-23, to 1,143.58 million at the end of June-23, thereby registering a monthly growth rate of 0.03 per cent,” Trai said.

After a marginal decline in May, wireline connections increased in June.

The growth in the wireline segment was led by APFPL which added 6,56,424 new connections. It was followed by Reliance Jio with the addition of 2,08,014 connections, Bharti Airtel (1,34,021), V-Con Mobile and Infra (13,100), Tata Teleservices (12,617) and Quadrant added 6,540 connections in June.

The total broadband subscribers increased to 861.47 million at the end of June 2023 from 856.81 million at the end of May with a monthly growth rate of 0.54 per cent, the report said.

“Top five service providers constituted 98.37 per cent market share of the total broadband subscribers at the end of June-23. These service providers were Reliance Jio Infocomm 447.75 million, Bharti Airtel 248.06 million, Vodafone Idea 124.90 million, BSNL 24.59 million and Atria Convergence 2.16 million,” the report said. 


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Telecom Subscriber Base in India Grew Marginally to 1,173.89 Million at June End: TRAI

Telecom subscriber base in the country grew marginally to 1,173.89 million at the end of June on account of new customer additions led by Reliance Jio, sector regulator TRAI said on Thursday. 

The subscriber base growth was driven by mobile telephony where Reliance Jio added over 2.27 million new customers and Bharti Airtel added 1.4 million customers.

“The number of telephone subscribers in India increased from 1,172.57 million at the end of May-23 to 1,173.89 million at the end of June-23, thereby showing a monthly growth rate of 0.11 percent,” the Telecom Regulatory Authority of India (TRAI) said in its monthly subscriber report.

However, the overall growth was mitigated by the loss of subscribers by state-owned BSNL, MTNL and Vodafone Idea (VIL).

BSNL lost 1.87 million mobile subscribers, VIL lost 1.28 million subscribers and MTNL (1,52,912 subscribers).

The net addition in wireless subscribers of telecom operators in the month of June was 3,73,602.

“Total wireless subscribers increased from 1,143.21 million at the end of May-23, to 1,143.58 million at the end of June-23, thereby registering a monthly growth rate of 0.03 per cent,” Trai said.

After a marginal decline in May, wireline connections increased in June.

The growth in the wireline segment was led by APFPL which added 6,56,424 new connections. It was followed by Reliance Jio with the addition of 2,08,014 connections, Bharti Airtel (1,34,021), V-Con Mobile and Infra (13,100), Tata Teleservices (12,617) and Quadrant added 6,540 connections in June.

The total broadband subscribers increased to 861.47 million at the end of June 2023 from 856.81 million at the end of May with a monthly growth rate of 0.54 per cent, the report said.

“Top five service providers constituted 98.37 per cent market share of the total broadband subscribers at the end of June-23. These service providers were Reliance Jio Infocomm 447.75 million, Bharti Airtel 248.06 million, Vodafone Idea 124.90 million, BSNL 24.59 million and Atria Convergence 2.16 million,” the report said. 


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Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report

The government will reportedly acquire a stake in telecom operator Vodafone Idea, after the company’s stock price has stabilised at Rs. 10 or higher, after the telco offered a stake at that price which was cleared by the finance ministry in July. Operators in the country were previously offered the ability to pay interest for four years of deferred spectrum instalments as well as adjusted gross revenue (AGR) by converting the net present value of the interest into equity. 

According to a report by PTI citing an official source, the Department of Telecom will clear the acquisition of shares in Vodafone Idea after the company’s shares stabilise at Rs. 10 or above, in accordance with a Securities and Exchange Board of India (SEBI) norm that requires acquisitions to take place at par value. 

The telecom operator had offered the government a stake at the aforementioned price, and the proposal was cleared by the finance ministry in July, as per the report.  

Vodafone Idea had opted to convert nearly Rs. 16,000 crore worth of interest liability whuch is owes to the government. After the acquisition, the telecom operator’s promoters will reportedly have a 50 percent stake, down from from nearly 75 percent, while the government will have a 33 percent stake. 

However, according to the report, the government will only complete the acquisition of its stake in Vodafone Idea once the share price at Rs. 10 or higher. On Thursday, the operator’s shares were trading at Rs. 9.68  — it hasn’t crossed the threshold required for the acquisition since April 19, as per the report. 


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