Telecom Industry’s Active Subscribers Grew By 2.5 Million

Telecom industry’s active subscribers grew by 2.5 million in October, Airtel benefited the most.

At the end of October this year, the number of active subscribers of the telecom industry increased by about 2.5 million to 96.1 million.

ICICI Securities has said through a report on Friday that telecom tariffs have increased during the past few months and a monthly fee has been fixed to keep each SIM active. This has increased the number of active connections.

ICICI Securities, based on data from the Telecom Regulatory Authority of India (TRAI), said Bharti Airtel’s active subscriber base rose by nearly 3 million to 32 million in October.

The company added seven lakh customers in Maharashtra circle traditionally considered weak and five lakh customers in Gujarat circle.

Active subscribers are calculated based on the visitor location register (VLR). In October, the number of active subscribers of Jio increased by 11 lakh to 319 million.

However, the number of active customers of Vodafone Idea Limited (VIL) continues to decline. In October, the company’s active customers declined by 27 million to 26 crore.

ICICI Securities has found that Bharti Airtel has once again entered the role of a leader in the telecom market through active subscribers.

The number of active subscribers of Bharti Airtel increased by nearly 3 million to 32 million. While the number of active subscribers of Jio was 319 million in October.

At the same time, state-owned telecom companies BSNL and MTNL have suffered losses in the subscriber base.

This year was a crisis for the real estate sector, expected to increase demand in 2021

The real estate industry has been trying to recover once again since the 2016 demonetization. After 2016, the Corona epidemic in 2020 has pushed the industry once again far behind.

Industries are once again hoping to recover from the pandemic injury to the economy. The industry hopes that 2021 will be a promising year for them and they will be able to do business faster in the new year.

In the new year, developers expect stable property prices offered by them, low home loan interest rates, rebates, and stamp duty rates by some states to help the real estate sector grow in 2021.