Vodafone Idea loses market share in 17 of 22 circles
Financial Express Mumbai|April 04, 2023
AT A TIME when Reliance Jio and Bharti Airtel are competing for higher subscriber base, Vodafone Idea has been losing market share largely due to weak capital expenditure especially on the network, delay in the launch of 5G services, shift of lower-end subscribers to other operators, and lucrative offerings by the competition in some segments, among others, according to analysts.
JATIN GROVER
Vodafone Idea loses market share in 17 of 22 circles

In January, the company lost its market share in 17 out of 22 circles, according to data by the Telecom Regulatory Authority of India (Trai). In fact, for the last one year till January end, the company has been losing its market share in these circles, which is also evident from the continuous decline in overall subscriber base.

In Kerala, Vodafone Idea currently has the highest market share of 34.4% among all telcos and the same was 37% at the end of January 2022. In Andhra Pradesh, it had 16.8% share as of January 2022, it is now reduced to 14.5% as of January 2023. Similarly, there are other key circles where the company has been losing market share continuously.

This story is from the April 04, 2023 edition of Financial Express Mumbai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the April 04, 2023 edition of Financial Express Mumbai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINANCIAL EXPRESS MUMBAIView All
HELLO IMAGINARY FRIEND!
Financial Express Mumbai

HELLO IMAGINARY FRIEND!

From virtual engagement with real people, the world is turning to real interactions with virtual people, a trend that will just gain prominence in the coming year. We test for ourselves how it is to have an AI avatar for a friend...

time-read
8 mins  |
December 29, 2024
SHRINKING SOCIAL CIRCLES
Financial Express Mumbai

SHRINKING SOCIAL CIRCLES

From real to virtual friends, and now AI companions, has technology led to a deeper isolation that we have embedded in our lives?

time-read
7 mins  |
December 29, 2024
FAREWELL, DR MANMOHAN SINGH
Financial Express Mumbai

FAREWELL, DR MANMOHAN SINGH

Biden hails Singh for boosting US-India ties

time-read
1 min  |
December 29, 2024
Hallucinatory AI May Not Necessarily Be a Bad Thing
Financial Express Mumbai

Hallucinatory AI May Not Necessarily Be a Bad Thing

The smart machines, it turns out, are dreaming up riots of unrealities that help scientists track cancer, design drugs, and even win the Nobel Prize

time-read
4 mins  |
December 29, 2024
Putin Apologizes for 'Tragic' Azerbaijani Airplane Crash
Financial Express Mumbai

Putin Apologizes for 'Tragic' Azerbaijani Airplane Crash

But stops short of admitting airliner was shot down

time-read
1 min  |
December 29, 2024
Genome reveals how a small group burst out of Africa
Financial Express Mumbai

Genome reveals how a small group burst out of Africa

DNA from European fossils dating back 45,000 years offers new clues to how our species spread across the world

time-read
2 mins  |
December 29, 2024
What does the future hold for out-of-form India captain Rohit Sharma?
Financial Express Mumbai

What does the future hold for out-of-form India captain Rohit Sharma?

STEVE SMITH WAS said to be a shadow of his best self before he scored a long overdue hundred against India in the Brisbane Test.

time-read
4 mins  |
December 29, 2024
Defiant push to change Constitution
Financial Express Mumbai

Defiant push to change Constitution

Commentators described the BJP-led government as a minority’ government that will force Mr Modi to be more circumspect and restrained. I did not share that view. They thought that Mr Modi will be more deferent to Parliament, but that too was belied by the Winter session. Apparently, on Mr Modi’s instructions, the ministers and MPs carried on in the usual aggressive way, Showed scant respect to Parliamentary rules and conventions, and rode roughshod over the Opposition

time-read
4 mins  |
December 29, 2024
Financial Express Mumbai

Adani Green Forms New Subsidiary for Renewables

ADANI GREEN ENERGY on Saturday incorporated a new wholly owned subsidiary, Adani Green Energy Sixty Eight Limited.

time-read
1 min  |
December 29, 2024
Financial Express Mumbai

Credila Financial Files IPO Papers

EDUCATION LOANS-FOCUSED LENDER Credila Financial Services, formerly known as HDFC Credila Financial Services, has filed papers with markets regulator Sebi for an initial public offering (IPO) through a confidential pre-filing route.

time-read
1 min  |
December 29, 2024