05-06-2022 10:24 AM | Source: Accord Fintech
Telcos gross revenue falls 2.64% to Rs 69,695 crore in December 2021 quarter: Trai
News By Tags | #248 #1820 #276

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Telecom Regulatory Authority of India (Trai) in latest report has said that telecom service providers' gross revenue declined by 2.64 per cent to Rs 69,695 crore in December 2021 quarter. The gross revenue of the telecom service providers (TSPs) was Rs 71,588 crore in the same period a year ago.

It stated that TSPs' adjusted gross revenue, on which the government charges various levies, increased by 15.81 per cent to Rs 55,151 crore in the December 2021 quarter from Rs 47,623 crore in the corresponding quarter of 2020. The spectrum usage charges (SUC) collection of the government increased by 14.47 per cent to Rs 1,760 crore in the December 2022 quarter from Rs 1,538 crore in the year-ago period.

Further, it said that Reliance Jio registered the highest AGR of Rs 19,063.75 crore in the December 2022 quarter. It was followed by Bharti Airtel with Rs 4,484.48 crore, Vodafone Idea Rs 6,541.83 crore, BSNL Rs 1,984.94 crore, Tata Teleservices Rs 530.21 crore, MTNL Rs 254.78 crore, Reliance Communications Rs 61.69 crore and Quadrant Rs 13.22 crore. Besides, it said the total number of telephone subscribers in India decreased by 0.9 per cent to 117.84 crore at the end of December 2021 over the previous quarter. The total internet subscriber base in the country stood at 82.93 crore and broadband subscribers at 79.2 crore at the end of the December 2021 quarter.