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telecom service sector: Telecom service sector's AGR up 1.8 pc to Rs 67,835 cr in Dec 2023 quarter: Trai data

The Adjusted Gross Revenue (AGR) of India's telecom service sector rose by 1.88% to Rs 67,835 crore in the December 2023 quarter, according to Trai's data. Year-on-year, the AGR increased by 7.84%. Access services accounted for 82% of the total AGR, with Bharti Airtel's AGR increasing by 3.2% to about Rs 20,480.6 crore, Reliance Jio's AGR climbing 2.7% to Rs 24,862.85 crore, and Vodafone Idea's AGR dipping 0.65% to about Rs 7,459 crore. Public Sector Undertakings' share in the Access AGR was 3.87% in the quarter.

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Telecom service sector's AGR up 1.8% to ₹67,835 crore in December 2023 quarter: Trai data

Telecom service sector's AGR up 1.8% to ₹67,835 crore in December 2023 quarter: Trai data
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Bharti Airtel stock jumps 5% on tariff optimism, becomes top Nifty gainer

In the April 16 report, IIFL Securities analysts noted that they expect to see two rounds of tariff increase in the next three years, which could benefit all three telcos - Bharti Airtel, Vi and Jio.

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UK's Vodafone offers 'no comment' on Voda Idea backing

“The only position which Vodafone Group has taken and that is because of their own shareholders who have said that please ringfence the Indian operations with Indian assets. So, their source of funding is limited to their stake in Indus and generally if one has to look at monetization of Indus, then they would want Indus to get to its fair value. It has actually re-rated quite a lot.”

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AGR dues: TDSAT says public, private sector companies cannot be treated differently

AGR dues: TDSAT says public, private sector companies cannot be treated differently : Rashtra News #AGR #dues #TDSAT #public #private #sector #companies #treated #differently The order dated February 28 pertains to the more than Rs 4 lakh crore of revenue foregone by the government after the Supreme Court on October 24, 2019, dismissed telcos’ petitions

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PTA All Set to Amend Entry-level ISP License Rules to Provide Internet in Far-Flung Areas

PTA All Set to Amend Entry-level ISP License Rules to Provide Internet in Far-Flung Areas
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Business News: SOS call answered, now telecom sector to ring in 5G in 2022

SOS call answered, now telecom sector to ring in 5G in 2022 : Rashtra News #SOS #call #answered #telecom #sector #ring The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and

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Reliance Jio, Airtel and Vodafone-Idea to government: You have lost Rs 800 crore due to these apps |

Telecom operators in India have spent an additional Rs 10,000 crore to support the traffic generated by large entertainment and communication apps, resulting in a revenue loss of approximately Rs 800 crore for the government. The industry body representing telecom operators has been advocating for contributions from large traffic generator apps to cover the costs of network infrastructure.

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American Tower Corporation Reports Fourth Quarter and Full Year 2023 Financial Results

CONSOLIDATED HIGHLIGHTS


Fourth Quarter 2023



Total revenue increased 3.0% to $2,787 million



Property revenue increased 4.6% to $2,766 million



Net income increased 101.9% to $13...

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