Powered by: Motilal Oswal
2024-08-20 03:01:00 pm | Source: IANS
India adds 7.3 crore internet subscribers, 7.8 crore broadband users in 1 year

India added 7.3 crore internet subscribers and 7.8 crore broadband subscribers in one year as the number of telephone subscribers reached 119.9 crore in the country, the Centre informed on Tuesday. 

Total number of internet subscribers increased from 88.1 crore at the end of March 2023 to 95.4 crore at the end of March this year, with an yearly 8.3 per cent growth.

Broadband services also maintained their upward trajectory, with the number of broadband subscribers increasing from 84.6 crore in March 2023 to 92.4 crore in March 2024, according to latest data by the Telecom Regulatory Authority of India (TRAI).

“This robust growth rate of 9.15 per cent with a massive addition of 7.8 crore Broadband subscribers underscores the importance of high-speed connectivity,” said the telecom regulatory body.

The adjusted gross revenue (AGR) also increased from Rs 2,49,908 crore in the year 2022-23 to Rs 2,70,504 crore in the year 2023-24 with yearly rate of growth of 8.24 per cent.

The overall tele-density in India increased from 84.51 per cent at the end of March 2023 to 85.69 per cent in March this year, at an yearly rate of growth of 1.39 per cent.

Number of wireless data subscribers has increased from 84.6 crore at the end of March 2023 to 91.3 crore at the end of March 2024 with yearly rate of growth of 7.93 per cent.

“Further, total volume of wireless data usage increased from 1,60,054 PB (petabyte) during the year 2022-23 to 1,94,774 PB during the year 2023-24 with yearly growth of 21.69 per cent,” the TRAI data showed.

The telephone subscribers in India increased from 117.2 crore at the end of March last year to 119.9 crore, registering a yearly rate of growth of 2.3 per cent.

“Average minutes of usage (MOUs) per subscriber per month increased from 919 during the year 2022-23 to 963 in 2023-24 with yearly rate of growth of 4.73 per cent,” according to the data.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here
Latest News
Dixon Technologies?` net profit rises over 100 pc in...

Nifty opened with an upward gap and remained in posi...

Centre introduces `Entity Locker` for smooth busines...

India VIX increased by 4.23% to close at 16.42 touch...

Total area under rabi crops crosses 640 lakh hectares

The Nifty 50 index added 141.55 points or 0.61% to 2...

After Elon Musk-Mukesh Ambani tussle, India bets sat...

Market is expected to open on a flattish note and li...

Market Watch: Trump holds off from trade tariffs on ...

Rupee to rise amid dollar swings on Donald Trump tar...