Mittal vs Ambani battle heats up as Airtel beats Reliance Jio to become the top telco in the country – Business Insider India

Airtels strong showing in the second half of calendar year 2020 has helped it maintain an upward trajectory in terms of market share. While Airtel added over 22 million shares between July to December 2020, Jio managed to add only a little over 11 million.

Airtels shares have jumped by over 40% since September, as the telco continued to build on its subscriber growth each month.

We like Bhartis calibrated approach in shaping up its non-telecom digital service offerings aligned with its homes and enterprise businesses, which is perhaps under-appreciated for now but may drive significant growth in the medium term, stated a Kotak Institutional Equities report dated February 18, 2021, reiterating its bullish stance on the company.

Airtels net subscriber additions were almost double of Jios

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Airtel records 3.8 million new subscribers in September more than twice that of Reliance Jios additions

Mukesh Ambani says Jio will rollout 5G services by June 2021 and it will go beyond IndiaZ

Simply put, Airtel says all it now needs is spectrum to deliver 5G services at a speed of up to 900 Mbps

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Mittal vs Ambani battle heats up as Airtel beats Reliance Jio to become the top telco in the country - Business Insider India