Jio’s 3 Million Active Subscriber Base Dip Is Highest in 22 Months

Jio's 3 Million Active Subscriber Base Dip Is Highest in 22 Months

Telecom Regulatory Authority of India (TRAI) released its November 2022 report of the Telecom Subscription Data. The November data from TRAI has a lot of insights and connecting data if we closely look at it. This data is crucial as it comes at a time when India is going through one of the world’s fastest 5G rollouts. Although Jio is trying to make people recharge to get a Welcome Offer Invite, as Jio’s 5G launch is a beta invite-based approach, it looks like users are vexed with the troubled approach and launch. India became a 5G Nation with the announcement and launch of 5G at the IMC 2022. So, we believe the November subscriber numbers of Jio give some cues about the immediate interest garnered by subscribers.

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Reliance Jio November 2022 Active Subscriber Base

In line with a slowdown in revenue growth, Reliance Jio also witnessed the worst dip in the Active Subscriber base, which is the highest in the last 22 months. If we look at the numbers, Jio added 1,426,817 wireless subscribers in November 2022, which is almost the same as in October 2022, with 1,414,006 wireless subscriber additions. But the Active Wireless Subscribers declined by 3 Million, which is almost equal to the number of subscribers added in October and November.

According to MOFSL, Reliance Jio’s Active subscribers declined by 3 million MoM (high adds of 4.9 million in October 22022) due to a 30 bp drop in market share to 38.3%. 4G subscriber additions were flat at 1.4 million on an MoM basis compared with the 1.4 million add in October 22.

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5G interest Among Users