Telecom sector AGR up 2.53% on-qtr in Q4FY23, Jio gains maximum revenue: Trai

Kolkata: The telecom industry recorded a 2.53% sequential growth in adjusted gross revenue (AGR) in the fiscal fourth quarter, FY23, gaining from the spillover impact of tariff hikes taken by the private carriers in November 2021.

Latest telco performance data put out by the Telecom Regulatory Authority of India (Trai) on Monday showed that Reliance Jio notched up the highest sequential AGR gain in the March quarter, FY23, ahead of Bharti Airtel, while loss-making Vodafone Idea(Vi) reported a fall.