RJio's subscriber loss pain to end soon, but Airtel seen on better footing1 min read . Updated: 09 May 2022, 02:00 PM IST
- In Q4FY22, Reliance Jio's net subscribers fell 10.8 million sequentially, to 410.2 million.
For the third quarter in a row, telecom services provider Reliance Jio saw a decline in its net subscribers. In Q4FY22, its net subscribers fell 10.8 million sequentially, to 410.2 million. In a post earnings call, the company's management attributed this loss to SIM consolidation after it raised tariff in its prepaid segment. SIM consolidation refers a decline in the number of mobile SIM cards in the market, which usually happens after telecom companies raise prices.
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