Reliance Jio at the cusp of overtaking Vodafone Idea as largest telecom firm1 min read . Updated: 26 Feb 2019, 03:09 PM IST
- While the pace of Reliance Jio’s monthly user base additions has slowed, it is still easily outpacing Airtel and Vodafone Idea
- Reliance Jio has gained share in urban areas despite Airtel and Vodafone Idea's focus on these regions
The telecom industry’s revenue may have stagnated, but Reliance Jio’s relentless focus on customer additions has brought it within touching distance of market leadership. The company’s revenue in the December quarter rose 15% sequentially, taking its revenue market share to 29.2%, shows regulatory data collated by analysts at Jefferies India Pvt. Ltd.
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