CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which network has topped in the telecom market with highest revenue share in the April-June quarter?
A
Airtel
B
Jio
C
BSNL
D
Vodafone Idea
Explanation: 

Detailed explanation-1: -Telecom service providers’ adjusted gross revenue grew 17.91 per cent on a year-over-year basis to Rs 60,530 crore in April-June 2022 with Jio leading in terms of revenue share, telecom regulator Trai said in a report on Wednesday.

Detailed explanation-2: -If we talk about the Speed and Coverage of both of these Airtel and Reliance Jio companies, we have to say that Reliance Jio is a step ahead of Airtel.

Detailed explanation-3: -As on October 31, 2022, the private service providers held a 90.24% market share of wireless subscribers whereas BSNL and MTNL, the two PSU access service providers, had a market share of only 9.76%.

Detailed explanation-4: -* In Union Budget 2022-23 the Department of Telecommunications was allocated Rs. 84,587 crore (US$ 11.11 billion). Revenue expenditure was allocated 36% and capital expenditure 64%. * FDI inflow in the telecom sector stood at US$ 39.02 billion between April 2000-September 2022.

Detailed explanation-5: -Jio’s score of 62.5% is eight percentage points ahead of second-placed Airtel’s 54.5%. Jio also wins the Core Consistent Quality award with 85.9% - a lead of 8.8 percentage points over the closest rival, Airtel.

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