TRAI  Report: Telcos’ gross revenue rise 14 pc to Rs 68,228-Cr in 2020 Q3
TRAI Report: Telcos’ gross revenue rise 14 pc to Rs 68,228-Cr in 2020 Q3
Share:

Telecom Regulatory Authority of India (TRAI) in its report released on Thursday says, “Telcos recorded a 13.73 pc increase in gross revenue at Rs 68,228 crore on a year-on-year basis in the quarter ended September 30, 2020”

The gross revenue of Telecom Service Providers (TSPs) was at Rs 59,992 crore in the same quarter a year ago. The Adjusted Gross Revenue (AGR), from which the government takes its revenue share, increased by 22.41 pc to Rs 45,707 crore during the September quarter from Rs 37,338 crore in the year-ago period, as per Trai's performance indicator report.

 The AGR of mobile and fixed-line service providers to retail consumers like Reliance Jio, Bharti Airtel, Vodafone Idea and BSNL increased by 30.07 pc to Rs 36,318 crore during the quarter under review. It was at Rs 27,921 crore in the year-ago period. The government's earnings from license fees also increased by 22.34 pc to Rs 3,656 crore in the July-September 2020 period.

 "The License Fee increased from Rs 3,526 crore for the quarter ended June 2020 to Rs 3,656 crore for the quarter ended September 2020. The quarterly and the Y-O-Y growth rates of the license fee are 3.70 pc and 22.34 pc, respectively in this quarter," the Telecom Regulatory Authority of India (Trai) said in the report. Telecom operators' quarterly average revenue per user increased by 32.89 pc to Rs 103.87 in the July-September 2020 period. The total telecom subscriber base during the quarter was 116.86 crore.

Stock in spotlight today, Telecoms stock rise

Telcos attend pre-bid meet on spectrum auction; DoT asks firms to submit queries

What to watch out in the markets this week.

 

Join NewsTrack Whatsapp group
Related News