Cumulative gross revenue of TSPs surpasses Rs 1 lakh crore in December 2025 quarter: Trai
The Telecom Regulatory Authority of India (Trai) in its latest report has said that the cumulative gross revenue of telecom service providers (TSPs) surpassed Rs 1 lakh crore mark in the December 2025 quarter to Rs 1.02 lakh crore. This is an increase from Rs 96,390 crore in December 2024 quarter and Rs 99,828 crore in the September 2025 quarter.
Further, it stated the adjusted gross revenue (AGR) grew by 8.13 per cent on a year-over-year basis to Rs 84,270 crore in the December 2025 quarter, from Rs 77,934 crore in the corresponding quarter a year earlier. The AGR is derived from the sale of telecom services and government levies, including licence fees and spectrum usage charges.
In the December 2025 quarter, access service providers such as Reliance Jio, Bharti Airtel, and Vodafone Idea accounted for 84.54% of the overall AGR. As per the performance indicator report, for the September 2025 quarter, Reliance Jio topped the list with AGR of Rs 31,767.11 crore. It was followed by Bharti Airtel with an AGR of Rs 28,497.45 crore, Vodafone Idea with Rs 8,176.62 crore.
Moreover, it said state-run BSNL, which has turned profitable, has reported a decline of 12.61 per cent year-over-year in AGR to Rs 2,003.48 crore. BSNL's sister concern MTNL posted about a 75 per cent decline in AGR on a year-on-year basis to Rs 37.77 crore.
