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Reliance Industries’ telecom arm loses 1.29 crore subscribers in December

17 Feb 2022 Evaluate

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has lost 12,901,812 customers in December 2021. Following this, the company’s total customer base has decreased to 41.57 crore with market share of 36% in terms of wireless subscribers as on December 31, 2021.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1236.00
Indian Oil Corpn. 132.20
Bharat PetroleumCorp 299.00
HPCL 345.15
MRPL 166.95
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