Telecom Services
Telecom Services
SECTOR | 12 Jan 2018
ICICI Securities Limited
The wireless broadband base has witnessed a third consecutive month of improvement in additions at 15.3 million (mn), after hitting a low of 5.5 mn additions in September 2017. Incumbents has been improving continuously on net additions after some hiccups post the launch of Jio. The VLR (active) subscriber base has declined for the month on account of a substantial drop of Reliance Communications RCom subscribers, reflecting closure of their wireless business. Sistema Shyam also reported no net additions in the month due to completion of its merger with RCom....
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