01-11-2022 12:01 PM | Source: Accord Fintech
Telecom service providers' gross revenues decline by 1.36% in Q2FY22
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Telecom Regulatory Authority of India (TRAI) in its latest report has said that telecom service providers' (TSPs) gross revenues declined by 1.36 percent on a year-on-year basis to Rs 67,300 crore in the July-September 2021 quarter (Q2FY22). Telecom service providers had posted gross revenues of Rs 68,228 crore in the same quarter a year ago. 

The report stated that the adjusted gross revenue (AGR) component of the telecom operators, on which the government levies charges, increased by 17.07 per cent to Rs 53,510 crore during the reported quarter from Rs 45,707 crore in the corresponding period of 2020. Access service providers like Bharti Airtel, Jio and Vodafone Idea who provide services to end consumers accounted for 78 per cent of gross revenue and 79 per cent of AGR.

According to the report, the government's revenue from telecom services in the form of licence fees and spectrum usage charges (SUC) increased by 16.8 percent and 19.99 percent respectively on an annual basis. The government revenue collection in the form of licence fee was Rs 4,271 crore and SUC was Rs 1,741 crore during July-September 2021, compared to Rs 3,656 crore and Rs 1,451 crore in the corresponding quarter of 2020.