Telcos gross revenue rises by 12.27% to Rs 71,588 crore in Oct-Dec 2020: Trai – News 24-7 Live News 24-7 Live
Telcos gross revenue rises by 12.27% to Rs 71,588 crore in Oct-Dec 2020: Trai

Telcos gross revenue rises by 12.27% to Rs 71,588 crore in Oct-Dec 2020: Trai

Telecom operators recorded 12.27 per cent rise in their total revenue at Rs 71,588 crore in the quarter ended December 31, 2020 on a year-on-year basis, according to data published by sector regulator Trai on Tuesday.

The gross revenue of the telecom service providers was Rs 63,764 crore in the same quarter a year ago.

The adjusted gross revenue (AGR) of the service providers, on which the government levies licence fees and other charges, also increased by 16.5 per cent on year-on-year basis to Rs 47,623 crore during the reported quarter from Rs 40,877 crore in the corresponding period of 2019-20.

The licence fee collection of the government increased by 16.49 per cent to Rs 3,809 crore from Rs 3,270 crore on a year-on-year basis.

News Source: financialexpress

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