Brokerage firm Axis Capital<\/a> observed that \"RJio reported QoQ market share improvement, while Bharti Airtel<\/a>, Vodafone Idea<\/a> (Vi) and BSNL posted a decline\".
Axis pointed to the latest data by the sector regulator to show that Jio has garnered 39.3% RMS, an increase from 38.3% in the previous quarter.
The data has adjusted gross revenue (AGR<\/a>) including national long distance (NLD) However rival Airtel, though remains in the second place has an RMS of 31.3%, a drop from the 31.6% when compared sequentially.
However , Vi's market share reduced to 20.8% from 20.9% of the second quarter of the fiscal. A research report by Emkay says for Vi that \"RMS contraction, yet again, does not paint a healthy picture\". Vodafone in the third quarter reduced its customer loss to 2 million compared to 8 million in the previous quarter but remains significant enough to cause a dent in its RMS.