India Telecom Market 2026: Jio vs Airtel vs Vi vs BSNL on Subscribers, ARPU, 5G and Capex

India’s telecom market is becoming a two-leader contest between Reliance Jio and Bharti Airtel, but the operators are winning on different metrics. Jio leads in total wireless connections, 5G subscribers and data consumption, while Airtel commands the industry’s highest average revenue per user (ARPU) and has recently been adding wireless connections faster than Jio. India telecom market H1 2026 Vodafone Idea (Vi), meanwhile, is attempting to convert capex and expanding 4G and 5G coverage into s