Telcos’ FY23 AGR up 14% to Rs 2.5 trillion

The adjusted gross revenue (AGR) of the telecom service providers rose 14.2% year-on-year to Rs 2.5 trillion in FY23, according to the yearly performance indicators report released by the Telecom Regulatory Authority of India (Trai).

The growth can be attributed to upgrades by consumers, higher data consumption, traction for postpaid, and international roaming, which in a way increased revenues of telecom operators.

The calculations of AGR include the revenue generated by telecom operators by providing local calls and data services, international long-distance, and national long-distance services.