Telcos’ revenue dips to Rs 2.55 lakh cr

Source: The Hitavada      Date: 05 May 2018 09:59:16


 

NEW DELHI,

(PTI),

THE telecom sector’s gross revenue fell by 8.56 per cent to Rs 2.55 lakh crore in 2017, resulting in a notable decline in Government collections in form of licence fee and spectrum usage charges, showed data released by Trai on Friday. The gross revenue for the sector stood at Rs 2.79 lakh crore in 2016. Total collections for the Government from licence fee came down by 18.78 per cent in 2017, while revenue from spectrum usage charges plunged by 32.81 per cent. The report, however, revealed that there was a decline in telcos' revenue despite increase in subscriber base.

“The number of telephone subscribers in India increased from 1,151.78 million at the end of December 2016 to 1,190.67 million at the end of December 2017, registering a yearly growth rate of 3.38 per cent,” the Telecom Regulatory Authority of India (Trai) said in its report. The adjusted gross revenue (AGR), earned by service providers from sale of telecom services, declined by 18.87 per cent to Rs 1.6 lakh crore at the end of 2017 from Rs 1.98 lakh crore at the end of 2016, as per data published by Trai in its annual performance indicator report. The licence fee (LF) and spectrum usage charges (SUC) are levied on AGR . The LF declined by about Rs 3,000 crore to Rs 12,976 crore at end of 2017 from Rs 15,975 crore the Government collected a year ago.