Telcos' services revenues drop by 25%: TRAI

The total revenue of telecom operators from services witnessed a drop by over 25% on a yearly basis, said a report released by the telecom regulator, TRAI.

Oct 02, 2017 09:10 IST India Infoline News Service

Telecom
The total revenue of telecom operators from services witnessed a drop by over 25% on a yearly basis, said a report released by the telecom regulator, TRAI.
 
The revenues of telecom operators dropped by 25.49% y-o-y to Rs 39,777.55 crore in the quarter ended June 2017. The revenue from telecom services called adjusted gross revenue (AGR), of all companies in the same period in the previous year, stood at Rs 53,383.55 crore, noted the Telecom Regulatory Authority of India (TRAI) report.
 
The government's earnings through telecom levies also saw a decline on both quarterly as well as yearly basis. "The License Fee declined from Rs 3,361 crore for the quarter ended March 2017 to Rs 3,261 crore for the quarter ended June 2017. The quarterly and the y-o-y growth rates of license fee are (-) 2.99% and (-) 24.42%, respectively in this quarter," the report said.
 
The gross revenue of telecom companies also slipped by 11.53% to Rs 64,889.47 crore in the April-June 2017 period from Rs 73,344.66 crore in the same quarter last year. However, on a quarterly basis, the total gross revenue of all the companies rose by 2.49% while AGR saw a fall of 2.58%, the report added.

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