Reliance Jio’s launch of a low-cost 4G feature phone in July seems to have paid rich dividends, with the telco wresting substantial market shares from its key rivals Airtel and Vodafone-Idea in non-metro circles.
According to the data released by the Telecom Regulatory Authority of India (Trai) for the quarter ended September, Jio’s adjusted gross revenue (AGR, excluding national long-distance revenues) share went up by 7 percentage points in Q2FY18-19 over the previous quarter in the circles of the C category. The figures for the circles in the B and A categories are 6 and 3.4 percentage points.
On the