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Weekend Capsule
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Read this week's top stories in the latest edition of the ETTelecom Weekend Capsule.
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Reliance Jio's heavy 4G and 5G user losses following recent tariff hikes triggered a sharp
fall in India's mobile broadband user base in September - the first decline after two years of steady growth since the launch of 5G services in October 2022.
"The sector's wireless broadband subscriber (4G/5G) base, led by Jio, fell sharply in September, suggesting higher price elasticity among its (read: Jio's) customers," Jefferies said in a research note seen by ET.
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At the end of September, the wireless user base of Jio declined to 463.78 million as
compared to 471.74 million in August. Similarly, Airtelâs user base decreased to 383.48 million as compared to 384.91 million in August and Vodafone Ideaâs base was down to 212.45 million as compared to 214 million in August.
In contrast, BSNLâs wireless base rose to 91.89 million as compared to 91.04 million in August.
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Dutt said Jio is working âvery closelyâ with all the device OEMs to get the âbest
value proposition for our customersâ.
Mukesh Ambaniâs Jio leads the wireless market with a subscriber base of 463.78 million, followed by Bharti Airtel (383.48 million), and Vodafone Idea (212.45 million), according to the Telecom Regulatory Authority of Indiaâs (TRAI) data for August. The Mumbai-based telco has 148 million 5G users
that contribute nearly 34% to its wireless data traffic.
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