Shares of Bharti Airtel slipped as much as 2 per cent, while rival Idea Cellular rose 3 per cent.
According to official figures, India's mobile phone customer base rose 1.4 per cent to 1.15 billion in June from May.
Airtel user base grew 10K to 344.6 million, while Idea Cellular base jumped 6.4 million subscribers to 220.6 million.
Airtel shares dipped to lowest in 1 week, while Idea Cellular climbed to highest in 2 weeks. Idea stock had fallen 51 per cent this year, while Airtel had lost 30 per cent.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.