Reliance Industries’ arm loses 40.18 lakh subscribers in August

Ace News

25th Oct 2024

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has lost 40.18 lakh customers in August 2024. Following this, the company’s total customer base has decreased to 47.17 crore with market share of 40.53% in terms of wireless subscribers as on August 31, 2024.

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.