The revenue market share (RMS) of Reliance Jio Infocomm and Bharti Airtel is projected to increase to 81% by FY25 from 77%. This comes as Vodafone Idea sees a continued decline in market share and delays in its 5G rollout. Brokerage CLSA estimates Jio and Airtel's RMS to rise to 43% and 38% respectively by the end of FY25, with Vi's dipping another percentage point to 16%.
