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ACT leads in wired subs adds, Jiojuggernaut marches on

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BENGALURU: Atria Convergence Technologies Pvt. Ltd (ACT) leads in wired broadband internet subscribers additions in calendar year 2017 (CY-17) until 31 March 2017 (Mar-17) as per data released by the Telecom Regulatory Authority of India (TRAI). ACT has added 50,000 subscribers, of which 30,000 were added in March 2017 followed by Indian telecom major Bharti Airtel Limited (Airtel) which added 40,000 subscribers during the same period. The MukeshDhirubhaiAmbani led Reliance Industries Limited juggernaut Reliance JioInfocom Limited (Jio) continued as the company with the largest wireless broadband internet subscriber base in the country – all of it being wireless so far. Having overtaken the incumbent biggest wireless broad band internet player until Oct-16, Airtel, Jio had a subscriber base of 108.68 million (1086.8 lakh) in Mar-17.

One lakh (0.1 million) wired broadband internet subscribers were added in CY-17 as per TRAI data. Among the wireline ISP’s,BSNL is the biggest player by far with 99.8 lakh subscribers. BSNL added 30,000 wired broadband subscribers in CY-17.The second largest wireline ISP in India is Airtel which closed Mar-17 with 20.8 lakh wireline subscribers, after adding just 10,000 subscribers to its wireline internet subscriber base during Mar-17 and as mentioned above, 40,000 in CY-17. The third largest wireline broadband internet services provider was regional private player ACT Broadband with a subscriber base of 11.7 lakh at the end of Mar-18. The government run Mahanagar Sanchar Nigam Limited (MTNL) lost 30,000 subscribers in CY-17and had a subscriber base of 10.1 lakh at the end of Mar-17. The fifth player in the list of top five wireline broadband internet service providers in the country is another regional player – You Broadband or You BB. There was no change in the minnow’s subscriber base of 6.2 lakh in Mar-17 vis-à-vis Feb-17. Please refer to the figure below:

public://act1.jpg

The wireless broadband internet subscriber base of the top 5 service providers grew by 22.09 percent (437.6lakh) in CY-17 from 1981.4 lakh to 2419 lakh in Mar-17. The top five service wireless internet service providers subscriber base grew 6.7 percent (151.9 lakh) between Feb-17 and Mar-17. 
The top five wireless service providers constituted 87.48 percent market share of the totalbroadband subscribers at the end of Mar-17. These service providerswere Jio(108.68 million), Airtel (49.13million or 491.3 lakh), Vodafone (37.72 million or 377.2 lakh), Idea Cellular (24.70 millionor 247 lakh) and BSNL(21.67 or 216.7million).Jio added 35.52 million or 355.2 lakh (50.61 percent growth in CY-17 subscribers in CY-17 and 5.84 or 58.4 lakh (5.68 percent growth in Mar-17) subscribers in Mar-17.

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Please refer to the figure below for All India wireless subscriber base and subscriber base of top 5 wireless broadband internet service providers:

public://act2.jpg

Among the top 5 wireless broadband internet services providers in the country, Jio has shown the highest growth. Please refer to the figure below for growth of top 5 wireless broadband internet service providers in the country:

public://act3.jpg

Notes: (1) The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
(a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
(b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

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(2) TRAI reports indicate data in millions of numbers up to 2 decimal places. Hence it is assumed in this report that a figure of 0.51 million (5.1 lakh) subscribers for You BB for Dec-2015 would be granular to the nearest 10,000. While percentages have been mentioned up to two decimal places, the accuracy may vary, depending upon the exact number.

 (3) MSOs’ have a number of subsidiaries and alliances, hence broadband numbers are split as applicable. The consolidated subscription numbers of these entities could be larger. Hathway is a case in point.

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Broadband

Tejas Networks names Arnob Roy as MD and CEO, overhauls top leadership team

The Bengaluru-based telecom gear maker reshuffles its entire top team even as quarterly revenue collapses by 83 per cent

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BENGALURU: Tejas Networks is changing the guard at the top, and doing so at speed. The Bengaluru-headquartered telecom equipment maker has elevated Arnob Roy as managing director and chief executive officer, effective April 15, 2026, for a term running through to August 3, 2028, and in the same breath announced new appointments across operations and finance. The timing is pointed: the company is navigating one of the roughest patches in its recent history.

Roy steps up from his role as executive director and chief operating officer, a position he has held since March 2019. He brings more than three decades of experience in the high-technology sector across research and development, operations, and sales. His predecessor, Anand Athreya, resigned last year citing personal reasons and was relieved on June 20, 2025, leaving a gap at the top that has now been formally filled.

The numbers Roy inherits are sobering. Tejas posted a net loss of Rs 211.3 crore in the fourth quarter of fiscal year 2026, a near-194 per cent widening year on year from Rs 71.8 crore in the same period a year earlier. Revenue for the quarter collapsed 82.6 per cent year on year to Rs 333 crore, down from Rs 1,907 crore. EBITDA swung to a loss of Rs 118.2 crore against a profit of Rs 121.5 crore a year ago. The culprit is not hard to identify: Tejas has derived the bulk of its revenue from BSNL’s fourth-generation network project, delivered as part of a Tata Consultancy Services-driven consortium, and that roll-out is now winding down.

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Roy, speaking during a post-earnings conference call with analysts, was candid about where the company has been. “The BSNL 4G network went live across 100,000 sites. We deployed our largest indigenous router networks in the country through the BSNL MAN network, as well as in the BharatNet Phase 3 network,” he said, adding that Tejas had also successfully rolled out its 400G and 800G DWDM equipment in domestic and international markets, and continued the deployment of what it describes as the world’s largest satellite IoT network through its vehicle tracking system solution.

The pivot to new revenue streams is already under way. Tejas has partnered with Japan’s Rakuten Symphony and NEC Corporation to push deeper into international markets, with several Open Radio Access Network trials ongoing, one of which concluded recently. The company is also diversifying across equipment categories and geographies to sustain momentum as the BSNL chapter closes.

To prosecute that strategy, Roy needs a full team around him. Preetham Uthaiah has been appointed chief operating officer, moving up from his current role as vice president of product management for wireless products at Tejas Networks. Uthaiah brings nearly 30 years of global experience spanning engineering, product management, and business development across India and the United States. Before joining Tejas Networks, he served as executive vice president of product management, marketing, and strategy at Saankhya Labs, and held senior roles at Tech Mahindra on both sides of the Atlantic. He holds an MBA from Arizona State University and a degree in electronics and communications from Karnatak University.

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On the finance front, AVS Prasad has been approved as chief financial officer, effective May 16, 2026, succeeding Sumit Dhingra, who has resigned. Prasad, currently serving as finance controller at Tejas Networks, brings over 27 years of experience within the Tata Group across telecom, aerostructures, and defence. A company secretary and cost and management accountant by training, he has spent more than 15 years in senior finance roles including CFO and financial controller positions, with expertise spanning corporate finance, treasury management, regulatory compliance, internal audit, and governance.

New chief executive, new chief operating officer, new chief financial officer — all installed in a single move, at a moment when the company’s largest revenue source is drying up and the next chapter remains unwritten. Tejas Networks has placed its bets. Now it has to deliver.

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