Reliance Jio is the second largest telecom firm in India

Reliance Jio can be declare as the second largest telecom service provider in India if the recent report of TRAI believes ?

Trai’s March quarter financial report puts Reliance Jio’s adjusted gross revenue at Rs 6,218 crore—22% higher than Vodafone India and only 12% lower than Airtel.

Market share of Reliance Jio is 25.6%, less than two years since its launch where as Vodafone and Idea Cellular Ltd have an AGR market share of 21% and 16.6%, respectively.

The overall Telecom industry size has fallen by about 30% based on the above-mentioned AAGR data.
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