Reliance Jio Lost AGR Market Share in 13 Circles in Q1 FY24: ICICI Securities
Reliance Jio, India's largest telecom operator's AGR (adjusted gross revenue) market share was down in Q1 FY24. This happened because the telco lost market share in 13 telecom circles during the quarter. Some of the prominent circles where the telco lost huge chunks of AGR market share are Kerala, U.P. East, West Bengal, and Bihar. At the same time, the telco saw a significant pick-up in AGR in Delhi and... Read More