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Reading: May 2024 saw 6.1 mn new mobile and broadband subscribers – World News Network
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Latest World News Update > Blog > Business > May 2024 saw 6.1 mn new mobile and broadband subscribers – World News Network
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May 2024 saw 6.1 mn new mobile and broadband subscribers – World News Network

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Last updated: July 18, 2024 12:00 am
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New Delhi [India], July 18 (ANI): Reliance Jio added 2.2 million net subscribers and 3.5 million active subscribers, marking its 27th consecutive month of subscriber growth in the month of May. Jio’s visitor location register (VLR) ratio improved to 92.1 per cent in May, reflecting a growing active user base, as per the data released by Telecom Regulatory Authority of India (TRAI).
The telecom sector added about 6.1 million mobile broadband (MBB) subscribers across the industry.
Bharti Airtel reported strong MBB additions with 2.6 million new subscribers, though its active subscriber growth was lower at 0.9 million, resulting in a slight decrease in its VLR ratio to 99.1 per cent.
Vodafone Idea (VIL) added 0.8 million MBB subscribers but continued to see declines in both overall and active subscriber bases, losing 0.9 million and 1.7 million subscribers, respectively.
In the fiber-to-the-home (FTTH) segment, Jio recorded its highest additions at 0.38 million, driven by the aggressive rollout of JioAirFiber, while Bharti Airtel saw moderate FTTH growth with 0.11 million new subscribers.
Despite the industry’s moderate overall subscriber addition of 2 million in May, Jio’s strong performance underscores its leading position in the Indian telecom market.
The data further reveals that in May this year, about 12 million subscribers submitted their for Mobile Number Portability (MNP). With this, the cumulative MNP requests increased from 973.60 million at the end of April-24 to 985.60 million at the end of May-24, since implementation of MNP.
The mobile broadband (MBB) sector has continued to show robust growth with an addition of 6.1 million subscribers.
According to the data Jio’s net subscriber additions in May 2024 mark the 27th consecutive month of growth, with monthly increases ranging from 0.7 million to 4.2 million since March 2022.
The company has witnessed a consistent rise followed by subscriber loss in early 2022 due to the SIM consolidation after a tariff hike in November 2021
As per the TRAI, the SIM swap or replacement means a process of acquisition of a new SIM card in place of a lost or non-working SIM card by the existing subscriber.
Number of active wireless subscribers in May stood at 1059.73 million, as per the TRAI.
In addition to its mobile broadband success, Jio also registered significant growth in fiber-to-the-home (FTTH) subscriptions, with a peak addition of 0.38 million subscribers in May 2024, up from 0.35 million in April 2024, the TRAI data observed.

Last month, Jio announced its new unlimited plans which are effective from July 3. At the time of revision of the tariff rate, The company had said it will continue to leverage the power of technology to deliver the best value and services to its users.
(ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

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