The telecom sector recorded a 6.77% sequential growth rate in adjusted gross revenue (AGR) in the last quarter of FY22 on the back of a boost in revenue, thanks to tariff hikes implemented in November 2021.
AGR for the January-March quarter was ₹58,886 crore as compared to ₹55,151 crore in Q3FY22, according to the latest data put out by the Telecom Regulatory Authority of India (Trai) on Tuesday.
The data showed that all the three private telcos-Reliance Jio, , and Vodafone Idea-saw sequential AGR gains in the March quarter, with the latter two showing double digit on-quarter growth.
Jio's AGR for the quarter grew 8.37% to ₹20,659.9 crore, while Airtel's was at ₹16,005.16 crore, up 10.5% and 's grew to ₹7,209.57 crore, up 10.21%. Access services contributed 78.83% of total telecom services AGR in the fiscal fourth quarter, FY22.
The increase in the telcos' AGR resulted in higher licence fee and spectrum usage charge (SUC) collections for the Department of Telecommunications (DoT).
The licence fee collection climbed 3.76% sequentially to ₹4,712 crore, while SUC collections rose 9.44% on-quarter to ₹1,926 crore, data collated by the regulator showed. Telcos annually pay 8% of their AGR as licence fees and 3-5% towards SUC to the government.
AGR for the January-March quarter was ₹58,886 crore as compared to ₹55,151 crore in Q3FY22, according to the latest data put out by the Telecom Regulatory Authority of India (Trai) on Tuesday.
The data showed that all the three private telcos-Reliance Jio, , and Vodafone Idea-saw sequential AGR gains in the March quarter, with the latter two showing double digit on-quarter growth.
Jio's AGR for the quarter grew 8.37% to ₹20,659.9 crore, while Airtel's was at ₹16,005.16 crore, up 10.5% and 's grew to ₹7,209.57 crore, up 10.21%. Access services contributed 78.83% of total telecom services AGR in the fiscal fourth quarter, FY22.
The increase in the telcos' AGR resulted in higher licence fee and spectrum usage charge (SUC) collections for the Department of Telecommunications (DoT).
The licence fee collection climbed 3.76% sequentially to ₹4,712 crore, while SUC collections rose 9.44% on-quarter to ₹1,926 crore, data collated by the regulator showed. Telcos annually pay 8% of their AGR as licence fees and 3-5% towards SUC to the government.
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