Telcos’ revenue grows in Q2FY26, Vodafone Idea’s market share nears all-time low: Jefferies

NEW DELHI: Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) saw a healthy growth in their respective revenues in the fiscal second quarter (Q2FY26); however, India’s third-largest telco saw its market share reach an all-time low, according to a research note by Jefferies.

Airtel’s revenue grew the highest at 12% year-on-year, followed by Jio with a 10% year-on-year increase, while Vi’s net revenues were up by 4% year-on-year.