News Topical, Digital Desk : Vodafone Idea Limited, part of the Aditya Birla Group, recorded its first net subscriber addition in five years. According to data for February 2026 released by the Telecom Regulatory Authority of India (TRAI), Vodafone Idea added net subscribers for the first time in five years. In February, the company added 21,927 new subscribers, while in January 2026, the company had lost 4.11 lakh customers.
According to data released by TRAI, the company's subscriber loss has slowed in the past few months. Experts say this move could be crucial for the company's turnaround plan. Motilal Oswal also said that if Vodafone Idea succeeds in curbing subscriber losses, it could prove to be a major trigger for its turnaround plan.
Despite this positive news, Vodafone Idea shares fell 3% to close at ₹8.38 on Thursday. The stock's decline was due to negative sentiment in the broader market and investor caution. On February 26, HSBC raised Vodafone Idea's price target from ₹5.8 to ₹7.7, but maintained a "reduce" rating on the stock. The bank stated that the company's AGR relief and planned investments have not changed the competitive environment in the telecom industry. Experts say it remains to be seen whether this was a one-time increase or whether the company will be able to consistently add new subscribers in the coming months.
Overall, Vodafone Idea saw a significant increase in subscribers, but its impact on the stock was limited. Investors remain cautious and await the success of the company's turnaround strategy.
Vodafone Idea Subscriber Data (2025-26)
Month Subscriber Addition/Loss
- September 2025 - 7.44 lakh
- October 2025 - 20.83 lakh
- November 2025 - 10.11 lakh
- December 2025 - 9.4 lakh
- January 2026 -4.11 lakh
- February 2026 21,927
This data clearly shows that Vodafone Idea achieved net subscriber growth for the first time in five years in February 2026. It remains to be seen whether this February figure was a one-off event or whether the company will continue to add customers in the coming months.
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