Reliance Industries’ subsidiary Reliance Jio’s 1.9 crore decline in subscribers affected India’s entire mobile user base - India’s total user base slipped by 2 crore subscribers in September, and. now stands at 116 crore subscribers. In comparison, Bharti Airtel added 2.7 lakh subscribers while Vodafone Idea lost 10.7 lakh subscribers in the July-September quarter.
Reliance Jio’s 1.9 crore mobile subscriber loss in September 2021 might have a silver lining for investors. Jio’s active subscriber base touched 35.5 crore. This is 84% of its total subscriber base. This is the first time since December 2020 that Reliance Jio’s active subscriber base as a proportion of its total subscriber base crossed the 80% mark. Bharti Airtel, which has the highest percentage of active subscribers in the industry, saw this number stay constant even as it added 2.7 lakh subscribers to its portfolio.