BSNL, MTNL beat Reliance Jio in January-March revenue growth

Though the telecom sector has not recovered fully yet, positive swings seem to be emerging. The adjusted gross revenue (AGR) of the industry rose marginally to Rs 35,932 crore in the January-March quarter. The number for the same period last year stood at Rs 35,697 crore. On a sequential basis, though, the AGR declined a bit, as in the December quarter, the amount was Rs 36,054 crore.

Licence fees also declined to Rs 2,888 crore for the March 2019 quarter compared with Rs 2,932 crore in the corresponding period last year. Spectrum usage charges rose marginally to Rs 1,055 crore for the March 2019 period against Rs 1,051 crore in March 2018.