Govt’s Spectrum Usage Charge Collection Decreases to Rs 811 Cr, AGR Increases by 14% in December Quarter

Date:

Updated: [falahcoin_post_modified_date]

The Indian government’s revenue collection from spectrum usage charges decreased by more than half to Rs 811 crore, while telecom operators’ adjusted gross income increased by 14% to Rs 62,904 crore in the December quarter of 2022, compared to the same period last year. The Telecom Regulatory Authority of India (TRAI) reported that telecom providers paid Rs 1,760 crore as spectrum usage charge in the December 2021 quarter. The total adjusted gross revenue (AGR) of telecom service providers was Rs 55,151 crore during the same period. Reliance Jio topped the market with the highest AGR of Rs 22,586.32 crore, while Bharti Airtel recorded the largest growth of 26.27% on a year-on-year basis with an AGR of Rs 18,290 crore. The gross revenue of telecom service providers increased by 26.5% YoY to Rs 88,166 crore during the reported quarter from Rs 69,695 crore in December 2021. The blended average revenue per user (ARPU) in India increased by 23.63% YoY to Rs 141.4/month, indicating their growth.

Reliance Jio, India’s largest telecom operator, provides wireless 4G LTE services across all 22 telecom service areas in India. It was established in 2016, and it is a subsidiary of Reliance Industries Limited.

The Telecom Regulatory Authority of India (TRAI) is a statutory body established in 1997 to regulate the telecommunications sector in India. It also protects the interests of customers by promoting competition and innovation in the sector. TRAI is headquartered in New Delhi, India.

[single_post_faqs]

Share post:

Subscribe

Popular

More like this
Related

Revolutionary Small Business Exchange Network Connects Sellers and Buyers

Revolutionary SBEN connects small business sellers and buyers, transforming the way businesses are bought and sold in the U.S.

District 1 Commissioner Race Results Delayed by Recounts & Ballot Reviews, US

District 1 Commissioner Race in Orange County faces delays with recounts and ballot reviews. Find out who will come out on top in this close election.

Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US

Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.

Baltimore Orioles Host First-Ever ‘Faith Night’ with Players Sharing Testimonies, US

Experience the powerful testimonies of Baltimore Orioles players on their first-ever 'Faith Night.' Hear how their faith impacts their lives on and off the field.