Jio Topped June Quarter’s Market Share Revenue

After achieving the most subscribed Telecom operator mark, Jio has aced the charts, yet again, this time in terms of revenue market share, in the June quarter. With a market share of 31.7%, Jio has stood number 1, according to the data by TRAI (analyzed by ICICI Securities)

Whereas, Airtel stood second with a market share of 30% and Vodafone Idea Ltd was third with a 28.1% share. On the other hand, the market share of state-owned operators, BSNL and MTNL, rose from 7.1% in the last quarter to 8.6% this quarter

This makes Jio number one in terms of both, subscriber base and revenue. By doing this, Jio has achieved a rare feat in itself by topping the market in less than just three years of it starting operations

Right now, Jio holds the No 1 position in 13 circles and continues to enjoy a strong position in the B and C circles (small towns and rural markets).

On the other hand, Vodafone is losing revenue share in leadership circles like Kerala, Maharashtra, Madhya Pradesh, and Gujarat, which bring in a total of 28% of the company’s revenue.