S&P: Better Vi network may hit Airtel, Jio user growth
By
Binu Mathew
Vodafone Idea’s focus on improving network quality post the successful fundraise could slow subscriber addition rate for Bharti Airtel and Reliance Jio, S&P Global Ratings said in a note on Thursday. The same assumes significance as so far both Jio and Airtel have been adding subscribers at the expense of Vodafone Idea. The telecom operator once used to be the market leader with close to 35-40% of mobile subscribers. That was in late 2018 when Vodafone India merged with Idea Cellular Ltd.