New Delhi, Oct. 29 -- Reliance Jio added nearly 10 times more mobile subscribers than Bharti Airtel in September 2026, excluding machine-to-machine (M2M) connections, as it continued to lead subscriber additions in India's telecom sector, according to research reports by IIFL Capital and DAM Capital.

M2M mobile addition is a telecom metric that measures the net increase in cellular connections used exclusively by automated devices rather than human smartphones.

Jio added around 19 lakh mobile subscribers during the month, compared with approximately 2 lakh additions by Airtel, while Vodafone Idea lost around 3 lakh subscribers, the reports showed.

In its telecom sector research report titled "India - Telecom", IIFL Capital stated, "Exc...