Vodafone Thought continued to lose cellular subscribers in July, whereas different telecom majors Reliance Jio and Bharti Airtel added subscribers, in line with the most recent knowledge from regulator Trai. 

Reliance Jio gained 65.1 lakh subscribers in July cementing its market lead, whereas Bharti Airtel added 19.42 lakh clients throughout the month. In June, VIL misplaced about 42.8 lakh subscribers whereas rivals Reliance Jio and Bharti Airtel which added 54.6 lakh and 38.1 lakh clients, respectively. 

Driving on the huge subscriber good points, the wi-fi consumer base of Jio swelled to 44.32 crore in July, in line with month-to-month subscriber knowledge launched by the Telecom Regulatory Authority of India (Trai).

Airtel’s subscriber rely rose to 35.40 crore in July.

Vodafone Thought misplaced 14.3 lakh wi-fi customers throughout July, as its subscriber rely slipped to 27.19 crore.

The telecom sector has obtained a shot within the arm with the Cupboard lately approving a serious reduction package deal for the trade, which features a four-year break for corporations from paying statutory dues, permission to share scarce airwaves, change within the definition of income on which levies are paid, and permitting 100 per cent overseas funding via the automated route.

The measures, geared toward offering reduction to corporations like Vodafone Thought Ltd (VIL) that must pay hundreds of crores in unprovisioned previous statutory dues, additionally embrace the scrapping of spectrum utilization cost (SUC) for airwaves acquired in future auctions.

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The reforms package deal is anticipated to provide the much-needed respite to Vodafone Thought, which was struggling to remain afloat.