Reliance Jio has overtaken state-run Bharat Sanchar Nigam Limited (BSNL) to become the top service provider in the fixed fixed broadband segment, according to the monthly telecom subscriber report published by the Telecom Regulatory Authority of India (TRAI).
The Mukesh Ambani-led company with 4.34 million customers has managed to beat BSNL, an established player in the industry for about 20 years, in just two years of commercial rollout of its fixed broadband services.
Reliance Jio’s fixed broadband customer base increased to 4.34 million in November 2021, from 4.16 million in October 2021.
At the same time, BSNL’s customer base decreased to 4.2 million in November 2021, from 4.72 million in October 2021. Bharti Airtel’s fixed broadband customer base stood at 4.08 million in November.
Jio started the commercial rollout of the fixed broadband service JioFibre in September 2019.
Although Jio was a new player, BSNL had 8.69 million fixed broadband customers in September 2019, which had fallen to less than half by November 2021.
Bharti Airtel’s fixed broadband subscriber base has grown by approximately 70 percent to 4.08 million in November 2021, from 2.41 million in September 2019 and at a similar rate of growth is expected to soon overtake BSNL.
The number of broadband subscribers in the country grew to 801.6 million in November, from 798.95 million in October, with Reliance Jio maintaining its lead in the segment, according to TRAI data.
“The top five service providers made up 98.68 percent of total broadband subscribers at the end of November,” the telecom regulator said in its report.
Reliance Jio’s total broadband subscriber base was 432.96 million in November. It was followed by Bharti Airtel with 210.10 million broadband customers, Vodafone India was 122.40 million, BSNL 23.62 million and Atria Convergence’s broadband customer base was 1.98 million.