India's telecom subscriber base dipped marginally by 1.3 lakh to 121.07 crore in July, as per latest data published by regulator Trai.
Only three operators -- Reliance Jio, Bharti Airtel and state-run BSNL -- reported subscriber additions in the month, while eight other operators including Idea Cellular and Vodafone, saw a decline.
"The number of telephone subscribers in India slightly declined from 1,210.84 million at the end of June 2017 to 1,210.71 million at the end of July 2017," the Telecom Regulatory Authority of India (Trai) said in its monthly subscribers report.
Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
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Bharti Airtel rebounded with 0.6 percent gains today after falling a percent in previous session.
On Wednesday, the telecom operator announced strategic partnership with South Korean telecom operator SK Telecom, known for using latest technologies, to build the most advanced telecom network in India.
The two companies will also collaborate on an on-going basis to evolve standards for 5G and advanced technologies like network functions virtualisation (NFV), software-defined networking (SDN) and Internet of Things (IoT), Bharti Airtel said in a statement.
India's telecom subscriber base dipped marginally by 1.3 lakh to 121.07 crore in July, as per latest data published by regulator Trai.
"The number of telephone subscribers in India slightly declined from 1,210.84 million at the end of June 2017 to 1,210.71 million at the end of July 2017," the Telecom Regulatory Authority of India (Trai) said in its monthly subscribers report.
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