1.88% sequential growth in Indian telecom AGR to Rs 67,835 crore driven by 5G expansion by Bharti Airtel and Reliance Jio.
The Indian telecom sector saw a 1.88% sequential growth in Adjusted Gross Revenue (AGR) to Rs 67,835 crore during the October-December quarter, driven by the expansion of 5G services by Bharti Airtel and Reliance Jio. BSNL also experienced growth in its AGR for mobile services, while Vodafone Idea faced challenges with a decline in AGR. Access services accounted for 82% of the total AGR, amounting to Rs 55,669.76 crore.
April 23, 2024
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