June active user additions led by Metro, A circles: Jefferies

New Delhi: The rise in active subscribers for June, following strong gains in May, were led by additions in Metro and A circles, comprising the country’s larger cities, said a report, which added that the gains offset losses in smaller cities and towns.

“(Active) Subscriber additions were led by Metros (1.5 million) and A Circles (2.4 million), which account for around 45% of the sector’s subscriber base; however, B Circles (0.5 million) and C-circles (0.8 million) witnessed subscriber decline,” brokerage Jefferies said in a report.