The Adjusted Gross Revenue (AGR) of the telecom service sector rose 1.88% on a sequential foundation to ₹67,835 crore in the December 2023 quarter, in accordance to telecom regulator Trai’s data.
Seen year-on-year, the AGR (earned by telcos from the sale of telecom companies and different stipulated objects) elevated by 7.84%.
“Gross Revenue (GR), Applicable Gross Revenue (ApGR) and Adjusted Gross Revenue (AGR) of the telecom service sector for the quarter ended December 2023 have been ₹84,500 crore, ₹81,101 crore and ₹67,835 crore, respectively. GR increased by 2.13%, ApGR increased by 1.70% and AGR increased by 1.88% in the quarter ended December 2023, as compared to the previous quarter,” Trai’s newest report ‘Indian Telecom Services Performance Indicators’ confirmed.
Access companies accounted for 82 % of the whole adjusted gross income of telecom companies.
“In Access services, Gross Revenue (GR), Applicable Gross Revenue (ApGR), Adjusted Gross Revenue (AGR), License Fee, Spectrum Usage Charges (SUC) and Pass Through Charges increased by 2.47%, 2.53%, 2.38%, 2.37%, 1.11% and 1.78%, respectively, in quarter ended December 2023,” the report by Telecom Regulatory Authority of India (Trai) mentioned.
In the entry companies class, Bharti Airtel’s AGR elevated 3.2% quarter-on-quarter to about ₹20,480.6 crore in the December quarter. The development year-on-year labored out to 11.98%.
For Reliance Jio, the AGR climbed 2.7% sequentially to ₹24,862.85 crore, whereas the year-on-year development got here in at 10%.
Vodafone Idea – now flush with funds after finishing its ₹18,000-crore follow-on public supply – noticed its AGR dipping 0.65% sequentially to about 7,459 crore in the December 2023 quarter.
“Public Sector Undertakings’ share in the Access AGR of telecom services is 3.87% in the quarter ended December 2023,” Trai report mentioned.
