Telecom licence fee collection up 8.23% at Rs 5,326 cr in quarter ended Sep

The government's licence fee collection from telecom service providers increased 8.23 per cent year-on-year to Rs 5,326 crore, while spectrum usage charge mop up declined about 40 per cent to Rs 836 crore in the September 2023 quarter, according to the latest Trai report. According to the performance indicator report released by regulator Telecom Regulatory Authority of India (Trai), operators' gross revenue (GR) declined by 1.22 per cent to Rs 82,741 crore, but adjusted gross revenue (AGR) increased by 7.43 per cent year-on-year (YoY) to Rs 66,583 crore during the reported quarter. "On a YoY basis, GR decreased by 1.22 per cent, ApGR (applicable gross revenue) increased by 6.74 per cent, and AGR increased by 7.43 per cent in the quarter ended September 2023," the report released on Friday said. Reliance Jio recorded the highest AGR of Rs 24,217.13 crore with a 9.12 per cent year-on-year rise. Bharti Airtel posted the highest AGR growth rate of 10.88 per cent at Rs 19,840.84 crore Read The Rest at :