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Motilal Oswal Report
The Telecom Regulatory Authority of India released subscriber data for February 2022.
Here are the key highlights:
The decline in gross subscriber base for the industry continued for the third consecutive month in February 2022 (down 3.7m to 1,142m versus a 9.4m fall in January 2022) as the industry continues to witness a consolidation in SIM cards.
The number of active subscribers, however, grew 9.5m to 1,016m.
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