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Telcos' Q2 revenue rises to ₹91,426 cr on tariff hike boost
Mint Mumbai
|January 02, 2025
Telecom operators' gross revenue increased 10.5% year-on-year (y-o-y) to ₹91,426 crore in the September 2024 quarter—the period when mobile service providers increased tariffs, according to a Trai report.
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The adjusted gross revenue, on which the government computes its levies, increased 13.11% to ₹75,310 crore from ₹66,583 crore a year ago, the quarterly performance indicator report released by Telecom Regulatory Authority of India (Trai) showed.
In July, private telecom operators Airtel, Jio, and Vodafone Idea increased their mobile services rates by 11-25%.
The companies recorded an increase in their average revenue per user (Arpu) following the increase in tariff but they also lost subscribers.
This story is from the January 02, 2025 edition of Mint Mumbai.
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