Jio’s adjusted gross revenue (AGR) climbed 14.63% on-quarter to Rs 9,482.31 crore at the end of December.ET Bureau|Apr 04, 2019, 11.42 PM ISTIndiatimesJio had become the largest telco by AGR in the September quarter, when it had raced ahead of Vodafone Idea on that score.Kolkata: Reliance Jio consolidated its lead over India’s older carriers on adjusted gross revenue (AGR) in the quarter to December, a period when licence fee and spectrum usage charge (SUC) collections looked up sequentially after nine quarters, indicating the start of a revival for the telecoms industry.
Mukesh Ambani-led Jio’s adjusted gross revenue (AGR), or revenue from licensed services, climbed 14.63% on-quarter to Rs 9,482.31 crore at the end of December, according to data collated by the Telecom Regulatory Authority of India (Trai). Access services contributed 72.31% of total AGR of telecom services.
By contrast, Vodafone Idea, the country’s largest telco by subscribers, suffered a 4.05% sequential fall in AGR to Rs 7,223.72 crore, while Bharti Airtel’s slipped 4.18% on-quarter to Rs 6,439.65 crore at the end of December.
Jio had become the largest telco by AGR in the September quarter, when it had raced ahead of Vodafone Idea on that score. The telecom sector’s AGR shrank by a tiny 0.24% sequentially to Rs 36,054 crore in the December quarter. Access services contributed 72.31% of total AGR of telecom services.
But licence fee and SUC collections in the October-December period have both risen after nine quarters, signalling that the prolonged turmoil in the telecom sector may finally be easing after more than two years of bruising price wars sparked off by Jio’s disruptive entry. Licence fee and SUC collections had last risen together sequentially in the quarter ended June 2016. The two components are paid by telcos to the DoT on the basis of their AGR.
Licence fee mop-up by the government in the December quarter rose 0.03% sequentially to Rs 2,890 crore, while spectrum usage charge (SUC) rose by 2% to Rs 1,064 crore, the Trai data showed. The sector regulator also said the industry’s blended monthly average revenue per user — a key performance metric — from wireless services increased over 4% sequentially to Rs 70.13 in the December quarter.
The all-India average minutes of usage (MoU) per subscriber per month from wireless services has risen 6.37% sequentially to 667 in the quarter to December.
Also ReadJio seeks sectoral sops for fibre deploymentReliance Jio blames rivals of ‘killing’ competitionThe call Anil Ambani never got from JioReliance Jio grows user base to 280 mnRel Jio digital buys majority stake in Haptik for Rs 700 croreCommenting feature is disabled in your country/region.Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service