Indian Telcos' gross revenues dip 1.36% in Q2 FY22

Indian Telcos' gross revenues dip 1.36% in Q2 FY22

Telecom service providers (TSPs) ' gross revenue (GR) declined by 1.36% on a year-on-year basis to Rs INR 673 billion (GBP 6.7bn) in July-September 2021 quarter.

According to a report by the Telecom Regulatory Authority of India (TRAI), TSPs had posted GR of Rs 68,228 crore in the same quarter a year ago. However, GR increased by 3.86% and adjusted gross revenue (AGR) increased by 4.24% in the quarter ended September 2021, as compared to the previous quarter, the report titled “Indian Telecom Services Performance Indicator Report” for the Quarter July-September, 2021 revealed.

The adjusted gross revenue (AGR) component of the telecom operators, on which the government levies charges, increased by 17.07% to Rs 53,510 crore during the reported quarter from Rs 45,707 crore in the corresponding period of 2020.

The number of telephone subscribers in India decreased from 1,202.57 million at the end of Jun-21 to 1,189.15 million at the end of Sep-21, registering a decline rate of 1.12% over the previous quarter. This reflects a Year-On-Year (Y-O-Y) growth rate of 1.75% over the same quarter of the last year. The overall Tele-density in India decreased from 88.07% as in QE Jun-21 to 86.89% as in QE Sep-21.

Telephone subscribers in Urban areas decreased from 666.10 million at the end of Jun-21 to 659.09 million at the end of Sep-21 and Urban Tele-density also decreased from 140.86% to 138.72% during the same period.

Rural telephone subscribers decreased from 536.47 million at the end of Jun-21 to 530.06 million at the end of Sep-21 and Rural Tele-density also decreased from 60.10% to 59.33% during the same period.

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