[ad_1]
After witnessing a decline in the previous quarter, the adjusted gross income (AGR) of the telecommunications industry rose 3.58% sequentially to Rs 45,707 crore for the period July-September 2020 as normalcy is returned to the sector with the lifting of blockades led by Covid across the country. The AGR during the previous April to June period stood at Rs 44,128 crore.
During the period under review, the AGR for access services, also known as mobile services, increased for all major operators, with a maximum growth rate recorded by Vodafone Idea followed by Bharti Airtel, Reliance Jio and BSNL. It should be mentioned that during the period from April to June, while the whole country was in lockdown, Vodafone Idea’s mobile service revenues fell by 25.44%.
According to data shared by Telecom Regulatory Authority of India (Trai), Reliance Jio is the leading mobile operator in terms of revenue with AGR access services of Rs 15,915.14 crore for the July-September quarter, up 4 , 29% compared to Rs 15,259.91 crore in the previous period. Bharti Airtel’s access services AGR increased 6.71% to Rs 10,764.90 crore in the reporting period, compared to Rs 10,088.46 crore in the previous period.
Likewise, Vodafone Idea’s AGR for mobile services increased 9.73% to Rs 6,435.75 crore for the reporting period, compared to Rs 5,865.36 crore in the previous quarter. The state-run BSNL mobile services AGR rose 2.10% to Rs 2,185.39 crore from Rs 2,140.40 crore. Even MTNL managed to increase its mobile AGR services by 8.14% during the period to Rs 364.47 crore from Rs 337.04 crore.
If we compare on an annual basis, the AGR of the telecommunications industry increased by 22.41%. The industry’s AGR stood at Rs 37,338 crore during the period July-September 2019.
Meanwhile, license fee revenue also rose by 3.70 sequentially to Rs 3,656 crore, from Rs 3,526 crore in the previous quarter, while spectrum usage fees increased by 5 , 94% at Rs 1,451 crore versus Rs 1,369 crore.
The average revenue per user (ARPU) for mobile services rose to Rs 103.87 per month for the September quarter, from Rs 98.01 in the June quarter. BSNL / MTNL’s share in the mobile services AGR amounts to 7.02%.
Get live stock quotes for BSE, NSE, US market and latest net asset value, mutual fund portfolio, see the latest IPO news, top IPOs, calculate your tax Using the income tax calculator, know the best winners, the best losers and the best equity funds in the market. Like us on Facebook and follow us on Twitter.
Financial Express is now on Telegram. Click here to join our channel and stay up to date with the latest news and updates from Biz.
[ad_2]