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Time of India
a day ago
- Business
- Time of India
Jio, Airtel add 99.8% of new telecom subscribers in May as Vi, BSNL lose users: Trai
Reliance Jio and Bharti Airtel together accounted for over 99.8% of all new telecom subscribers in May, helping India's total telecom subscriber base rise marginally to 120.7 crore, according to the latest data from the Telecom Regulatory Authority of India (Trai). The sector added a total of 43.58 lakh net subscribers in May, with Jio and Airtel contributing a combined 43.51 lakh. The total subscriber base had stood at 120.3 crore in April, according to PTI. Subscriber gains were largely offset by losses reported by Vodafone Idea (Vi), BSNL, MTNL and Reliance Communications. While Jio added 27 lakh mobile users, taking its total wireless base to 47.51 crore and market share to 40.92%, Airtel added 2.75 lakh new users, growing its mobile base to 39 crore and a 33.61% market share. By contrast, Vi lost 2.74 lakh subscribers, BSNL 1.35 lakh, MTNL 4.7 lakh and Reliance Communications 30 mobile users. India's mobile subscriber base grew to 116.84 crore, while landline connections rose by 3.34% to 3.86 crore. In the fixed-line segment, Reliance Jio led with a net addition of 12.76 lakh new subscribers, followed by Airtel with 99,000, Tata Teleservices with 4,890, Vi with 1,795 and STPL with 252. MTNL and BSNL continued to shed customers, losing 66,834 and over 46,000 fixed-line users respectively, the agency reported. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Is it better to shower in the morning or at night? Here's what a microbiologist says CNA Read More Undo The country's total broadband user base climbed to 97.48 crore in May. Jio dominated the segment with 49.44 crore broadband users, followed by Airtel at 30.2 crore, Vi at 12.66 crore, BSNL at 3.43 crore, and Atria Convergence with 23.2 lakh users. Trai noted a dip in 5G Fixed Wireless Access (FWA) subscribers from 75 lakh in April to 74 lakh in May, due to Reliance Jio reclassifying over 10 lakh FWA-UBR subscribers under the fixed-line (FTTx) category. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
25-05-2025
- Business
- Time of India
HFCL expects 25-30 pc revenue growth in current fiscal: MD Mahendra Nahata
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Domestic telecom gear HFCL expects 25-30 per cent growth in revenue during the current fiscal on account of increase in order book and pick-up in demand, a top official of the company said. During the earnings call, HFCL's managing director Mahendra Nahata said that the company's order book as of March 31, 2025, has increased to Rs 9,967 crore from Rs 7,685 crore as on March 31, 2024."With strong order book, demand pick-up and full capacity utilization, the company expects growth of 25-30 per cent in revenue of the current financial year on an overall basis with major growth starting from the second quarter," Nahata said that HFCL has become the first Indian company to develop and commercially launch 5G Fixed Wireless Access customer premises equipment -- a modem for providing wireless 5G connectivity for home broadband services."In its very first year of launch, we have successfully despatched over 4 lakh units of this equipment, demonstrating strong market acceptance. With growing demand from telecom operators and ISPs, we expect to have continuous demand for such products. I am happy to inform you that in the last week we have received another order of Rs 174 crores for this product," Nahata the March 31, 2025 quarter, HFCL recorded about 39 per cent decline in revenue to Rs 800.72 crore mainly on account of poor demand for optical said that after experiencing subdued demand for optical fibre cable over the past 6-7 quarters leading to lower capacity utilization, the company's optical fibre manufacturing has now begun operating at full capacity starting June 2026 quarter as against 45 per cent capacity utilisation during FY25."Our Optical Fiber Cable manufacturing capacity utilization was also 40 per cent during last financial year. This will also start operating at full capacity by July 2025. With market conditions showing clear signs of recovery and new growth drivers such as 5G rollouts, data centre expansion, BharatNet Phase III execution , and rising export demand, our revenue from optic fibre cable during FY'26 is expected to improve significantly," Nahata said.
