Telcos' Q2 revenue rises to ₹91,426 cr on tariff hike boost
Mint Bangalore|January 02, 2025
Telecom operators' gross revenue increased 10.5% year-on-year (y-o-y) to ₹91,426 crore in the September 2024 quarter—the period when mobile service providers increased tariffs, according to a TRAI report.
PTI

The adjusted gross revenue, on which the government computes its levies, increased 13.11% to ₹75,310 crore from ₹66,583 crore a year ago, the quarterly performance indicator report released by Telecom Regulatory Authority of India (TRAI) showed.

In July, private telecom operators Airtel, Jio, and Vodafone Idea increased their mobile services rates by 11-25%.

The companies recorded an increase in their average revenue per user (ARPU) following the increase in tariffs, but they also lost subscribers.

This story is from the January 02, 2025 edition of Mint Bangalore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 02, 2025 edition of Mint Bangalore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MINT BANGALOREView All
Mint Bangalore

Now, Tech Tools to Test Cortisol, Soothe Anxiety

A range of tech tools for mental health will be showcased at CES '25 in Vegas

time-read
2 mins  |
January 07, 2025
Mint Bangalore

This could be the best core exercise you've never done

A modification of the Zercher squat, the 'ab squat' is a dynamic workout that completely engages your core

time-read
2 mins  |
January 07, 2025
Mint Bangalore

For a balanced life, take the heroine's journey

Living a life not attuned to nature's cycles can affect the body and cause digestive issues as well as mental stress

time-read
4 mins  |
January 07, 2025
Mint Bangalore

AIF industry: At risk of death by a thousand circulars

Alternative investment funds generate value but have been dealt a harsh blow by over-regulation

time-read
4 mins  |
January 07, 2025
Mint Bangalore

Welfare programmes impact the retail prices relevant to people

India must update its inflation metrics to reflect actual consumption expenditure patterns for superior policy formulation

time-read
4 mins  |
January 07, 2025
Mint Bangalore

Expect Trump's crackdown on immigration to be disruptive

He is far better placed to act swiftly and harshly this time around

time-read
3 mins  |
January 07, 2025
Mint Bangalore

Rupee depreciation is inevitable but its volatility is not

RBI should restrain its active forex management while the Centre aims to attract more dollars

time-read
4 mins  |
January 07, 2025
Mint Bangalore

Tweaked for flexibility, NPS awaits tax clarity

This funded pension scheme now offers access to low-cost fund management with its option of staggered withdrawals of what was once a lump-sum. Good. Let's keep its taxation benign

time-read
2 mins  |
January 07, 2025
Mint Bangalore

Simplifying Taxes: Key Challenges for Budget 2025

As the budget season approaches, anticipation grows over how the government will balance growth ambitions and fiscal responsibility.

time-read
3 mins  |
January 07, 2025
Mint Bangalore

Ten big GenAI developments we saw within the span of a month

Its evolution didn't even pause for a year-end break as the AI wave began turning into a tsunami

time-read
3 mins  |
January 07, 2025