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Reliance Industries’ telecom arm loses 93.22 lakh subscribers in January

31 Mar 2022 Evaluate

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has lost 93,22,583 customers in January, 2022. Following this, the company’s total customer base has decreased to 40.64 crore with market share of 35.49% in terms of wireless subscribers as on January 31, 2022.

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 1206.80
Indian Oil Corpn. 130.40
Bharat PetroleumCorp 296.50
HPCL 343.70
MRPL 182.00
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