India's telecom stocks rise; Jio leads subscriber gains

Vodafone Idea

07/10/2025 08:36

Corrects Reliance Industries' ticker symbol in first bullet

** Shares of Bharti Airtel BRTI.NS rise 1.6% to 1,934 rupees and Reliance Industries  gain 1% to 1,389 rupees

** Regulatory data for August shows net wireless additions of 3.5 million vs 0.5 million in July; Reliance's Jio added 1.9 million, Bharti 0.5 million, BSNL 1.4 million, while Vodafone Idea VODA.NS lost 0.3 million

** Active subscriber base rises by 3 million, led by Jio (+2.3 mln) and Bharti (+1.3 mln); Vodafone Idea and BSNL see declines

** In home broadband, Jio adds 0.89 million subscribers, Bharti adds 0.32 million

** Shares of Vodafone Idea VODA.NS up 6.3% to 9 rupees

** Centrum expects Jio, Bharti Airtel and Vodafone Idea to report 1%-2% Q/Q increase in average revenue per user

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))