Telecom sector AGR rose 1.88% sequentially to Rs 67,835 crore in Q3 FY23

The telecom sector witnessed a 1.88 per cent sequential growth in adjusted gross revenue (AGR), reaching Rs 67,835 crore in the third quarter (October-December) of FY24, data released by the Telecom Regulatory Authority of India (TRAI) on Tuesday shows. AGR is the basis on which the Department of Telecom (DoT) calculates levies payable by operators, and had increased by 1.46 per cent and 1.75 per cent in the preceding two quarters.

The quarterly Telecom Services Performance Indicator report also revealed that AGR increased by 7.84 per cent in Q3 year-on-year, as a result of rising Average Revenue per User (ARPU) of telecom operators.