7 per cent drop in telecom revenues in 2018-19: Government

NEW DELHI: The revenue from the telecom sector to the government has seen a seven per cent drop in fiscal 2019, Rajya Sabha was told on Thursday.

The Communications Ministry said in a written reply in the Rajya Sabha: “As per the information available with the Telecom Regulatory Authority of India (TRAI), the Adjusted Gross Revenue for the telecom service sector stood at Rs 1,44,681 crore in 2018-19 as against Rs 1,55,680 crore in 2017-18, thereby showing a decrease of 7.06 per cent.

“The decline in the Adjusted Gross Revenue is not sufficient to conclude below-cost pricing by the telecom service providers.”