Reliance Jio continues to outperform on active subscriber additions, bodes well for sector tariff outlook: Jefferies

Mumbai: Reliance Jio continued its outperformance in active subscriber additions, which bodes well for the overall tariff outlook of the telecom sector, according to a report by Jefferies.

The report highlighted that over the past 12 months, Jio’s active subscriber market share has increased by 150 basis points (bps) to 53 per cent. This growth was largely driven by a 200 bps market share gain in B-Circles.