BSNL Wired Broadband connection i.e fixed broadband market share declined in the first quarter of FY23.
The TRAI (Telecommunications Regulatory Authority of India) performance indicators report for the first quarter of fiscal year 23 said that cable internet of FBB subscribers increased by 1.5 million QoQ to 28.73 million. ICICI Securities said that FBB's subscriber base increased by 5.3% on a quarterly basis and 21.8% on a yearly basis.
Synopsis
- Public Telecommunications company Bharat Sanchar Nigam Limited (BSNL) stepping down in wired broadband segment (WBB) market.
- Once dubbed the king in the segment, BSNL is now behind Airtel and Jio in the space.
- State telecom performance declined in the fixed broadband segment, with Jio and Airtel adding the majority of new fiber connections.
Public Telecommunications company Bharat Sanchar Nigam Limited (BSNL) stepping down in Wired Broadband connection segment (WBB) market. Once dubbed the king in the segment, BSNL is now behind Airtel and Jio in the space. State telecom performance declined in the fixed broadband segment, with Jio and Airtel adding the majority of new fiber connections. Jio currently sits in the number one position in the FBB and Fiber to the Home (FTTH) segments. Airtel Telecom Tariff is in second place, while BSNL has slipped to third place in the country.
The TRAI (Telecommunications Regulatory Authority of India) performance indicators report for the first quarter of fiscal year 23 said that cable internet of FBB subscribers increased by 1.5 million QoQ to 28.73 million. ICICI Securities said that FBB's subscriber base increased by 5.3% on a quarterly basis and 21.8% on a yearly basis. So how did each of the telecom companies perform in the quarter? Let's find out.
BSNL Broadband connection market share decline in Q1 of FY23
ICICI Securities said BSNL's FBB market share fell 75 basis points in the quarter to 13.4%. At the same time, Reliance Jio's FBB market share increased to 21.4%, while its FTTH market share was 29%. Airtel, in second place, had a 16.9% FBB market share, an increase of 260 basis points from the previous quarter. Total FTTH subscribers during the quarter increased to 21.2 million, an increase of 11.8% qoq and 111% year over year. The DSL subscriber base continued to decline and stood at 2.8 million, down 9.7% qoq and 55.8% year over year.
It is clear that the demand for FTTH connections is on the rise, while users no longer want DSL connections. This may be one reason why BSNL is rapidly losing market share in the FBB segment. BSNL was the leading ISP in the FBB market up until a few months ago. But most of the connections provided by BSNL to consumers across India were DSL connections which are not in much demand today.