New Delhi, Jan. 3 -- Reliance Jio registered strong subscriber growth and maintained its leadership in the broadband segment during November 2025, according to reports from leading brokerages analyzing the latest Telecom Regulatory Authority of India (TRAI) data.

The sector saw a moderate recovery in wireless net additions to 2.0 million from 1.4 million on a month-on-month basis, even as the total active subscriber base declined. Almost all major brokerages, including Morgan Stanley, Jefferies, and Kotak Institutional Equities, presented that Jio was the only private operator to report a net gain in active subscribers during this period.

Reliance Jio added 1.4 million total wireless subscribers and 1.2 million active Visitor Location R...