Telecom Industry AGR rises by 3.58% in QE Sep-20

The AGR rose from Rs 44,128 crore in QE Jun-20 to Rs 45,707 crore in QE Sep-20 hitting a 9 month high with 22.41 Y-o-Y growth.

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By Basil Kannagi Arasu

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The telecom industry’s adjusted gross revenue (AGR) after dragging by 1.81% in QE Jun-20 rose by 3.58% in QE Sep-20. The AGR rose from Rs 44,128 crore in QE Jun-20 to Rs 45,707 crore in QE Sep-20 hitting a 9 month high with 22.41 Y-o-Y growth.

Telecom Industry AGR rises by 3.58% in QE Sep-20

Reliance Jio’s AGR increased from Rs 15259.91 crore in QE Jun-20 to Rs 15915.14 crore in QE Sep-20 seeing a 4.29% Q-o-Q growth. Bharti Airtel’s AGR increased from Rs 10088.46 crore in QE Jun-20 to Rs 10764.9 crore in QE Sep-20.

Vodafone Idea’s AGR increased from Rs 5865.36 crore in QE Jun-20 to Rs 6435.76 crore in QE Sep-20. BSNL’s AGR increased from Rs 2140.4 crore in QE Jun-20 to Rs 2185.39 crore in QE Sep-20. MTNL’s AGR increased from Rs 337.04 crore in QE Jun-20 to Rs 364.74 crore in QE Sep-20.

Telecom Industry AGR rises by 3.58% in QE Sep-20

The license fee and spectrum usage charges (SUC) rose as well after dragging in QE Jun-20. The license fee rose from Rs 3,526 crore in QE Jun-20 to Rs 3,656 crore to QE Sep-20. The spectrum usage charges (SUC) rose from Rs 1,369 crore in QE Jun-20 to Rs 1,451 crore in QE Sep-20.

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Basil Kannagi Arasu

News Reporter

1659 articles published
Basil keeps an eye on the latest happenings in the Telecom sector. You can find him streaming the Premier League, which he started watching in 2013, in his free time.

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