Top Service Providers Dominate Broadband Market Share

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Top Service Providers Dominate Broadband Market Share

The recent telecommunications report by Trai indicates that the broadband subscriber base in India experienced growth, reaching 92.4 crore in March. The data highlights that the number of telephone subscribers showed a slight increase, from 1,197.75 million in February to 1,199.28 million in March, representing a monthly growth rate of 0.13%. Furthermore, the wireline subscriber count rose to 3.37 crore by the end of March 2024, up from 3.31 crore in February 2024.

In the wireline segment, Reliance Jio led in new customer additions with 3.99 lakh subscribers, followed by Bharti Airtel with 2,06,042 new subscribers and Vodafone Idea Limited with 39,713 new users joining. The total broadband subscribers saw a boost from 91.67 crore in February 2024 to 92.40 crore in March 2024, reflecting a monthly growth rate of 0.80%. Wireless connections dominated the broadband segment, rising to 88.32 crore in March from 87.64 crore in February, while the wired broadband connections also increased by 1.52% to 4.06 crore in March from 3.94 crore in February.

The data reveals that the top five broadband service providers are key players in the market, accounting for a substantial 98.36% market share of the total broadband subscribers in March 2024. Leading the pack are Reliance Jio Infocomm Ltd with 481.07 million subscribers, Bharti Airtel with 273.23 million, Vodafone Idea with 127.69 million, BSNL with 24.70 million, and Atria Convergence with 2.25 million subscribers.