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Airtel beats Reliance Jio again, adds 2x subscribers in Q3 FY2021

Airtel has recorded more than double the growth in its subscriber base in Q3 FY2021 when compared to Reliance Jio in the same period. Airtel added 14.2 million subscribers in the quarter ending December 2020 or Q3 FY2021, and 13.9 million in the previous quarter, respectively. This is significantly more than Reliance Jio, which only added 5.2 million and 7.3 million

  • Posted on 04th Sep, 2021 14:50 PM
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Airtel beats Reliance Jio again, adds 2x subscribers in Q3 FY2021 Image

Airtel added 14.2 million subscribers in the quarter ending December 2020 or Q3 FY2021, and 13.9 million in the previous quarter, respectively. This is significantly more than Reliance Jio, which only added 5.2 million and 7.3 million subscribers in the two quarters, respectively. Also Read - JioPhone Next base model could be priced as cheap as Rs 500: Report

Notably, Reliance Jio has continually seen a loss in subscriber base. According to data by the Telecom Regulatory Authority of India (TRAI), Jio’s active users fell 78 percent in June last year, which is close to a three-year low, from 84 percent a year earlier. Meanwhile, Vodafone-Idea and Airtel active subscribers were up by 90 percent and 98 percent, respectively over the same period. Also Read - Airtel launches three new Disney+ Hotstar recharge plans, starts at Rs 499 for 28 days

Airtel records highest quarterly revenue

Airtel recorded the highest ever consolidated quarterly revenues of Rs 26,518 crore in Q3, up 24.2 percent when it comes to year-on-year (YoY) growth. The company’s India business grew to Rs 19,007 crore, which is up 25.2 percent YoY, which it said is its highest ever quarterly. Also Read - Jio vs Airtel vs Vi: Best prepaid plans under Rs 300 with up to 4GB daily data per day

The mobile services revenue in India grew 32.4 percent YoY. The total number of 4G subscriber base is 165.6 million, which is a 33.8 percent YoY growth compared to the previous year. It added close to 42 million 4G customers in the last four quarters alone. Meanwhile, the average revenue per user (ARPU) has increased to Rs 166 in the third quarter, compared to Rs 135 in the third quarter, 2020.

“The main highlight of the quarter was the ~13 million 4G customers we added in our wireless business. As a result, we grew our revenues by ~25 percent over the same period last year and margins expanded,” Airtel said in a press statement.

Airtel, Jio testing 5G in India

Airtel recently successfully demonstrated its live 5G service over a commercial network in Hyderabad. The company is testing its 5G services in India as of now and there is no clarity on when it will be rolled out commercially.

The telecom operator claimed that users were able to download a full length movie in a matter of seconds during the test in Hyderabad. Airtel says its 5G connectivity can deliver 10x speeds, 10x latency, and 100x concurrency when compared to existing technologies.

Reliance Jio is another player, which is testing 5G in India. Mukesh Ambani said in the company’s Annual General Meeting (AGM) in July last year that the company has designed and developer a complete 5G solution from scratch.

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