SUC in Third Quarter Dips by More Than 42% Compared to Second Quarter, Airtel Surpasses Jio in AGR According to Trai Data

Date:

Updated: [falahcoin_post_modified_date]

The Department of Telecommunications (DoT) in India reported a 42% decrease in Spectrum Usage Charge (SUC) collections for the fiscal third quarter of 2023, which fell to INR811 crore ($107 million), compared to INR1,405 crore ($186 million) in the preceding quarter. This occurred after the government ceased charging the statutory fee on airwaves acquired from last year’s 5G auctions onwards. On the other hand, license fee collections rose 2.24% on-quarter to INR5,031 crore ($667 million) during the October-December 2022 period. Telcos in India pay both license fees and SUC to the government using a percentage of Adjusted Gross Revenue (AGR), which grew 1.49% sequentially in Q3 2022. Trai data showed that Bharti Airtel recorded the fastest sequential growth in AGR during the quarter, outpacing market leader Reliance Jio while Vodafone Idea reported a fall.

Bharti Airtel is India’s second-largest integrated telecommunications company, with operations in 18 countries across Asia and Africa. The company offers broadband, mobile, and fixed-line services, including voice and high-speed data connections. Bharti Airtel is a multinational conglomerate and is headquartered in New Delhi, India.

The Telecom Regulatory Authority of India (Trai) is an independent regulator of the telecommunications industry in India that regulates broadband, cable television, and broadcasting services, among other things. The regulator is responsible for ensuring a level playing field for mobile network operators in India and promoting competition within the industry. Trai is also responsible for implementing policies to ensure adequate competition between the players in the sector, as well as resolving disputes between network operators and customers.

[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.