Telcos monthly average revenue per user climbs 8% to Rs 157.45 in June Qtr: TRAI

New Delhi: In signs of improving financial metrics of telecom firms, the monthly average revenue for mobile services rose over 8 percent year-on-year to Rs 157.45 per user in the quarter ended June 2024, according to a Telecom Regulatory Authority of India (TRAI) report.

The monthly average revenue per user (ARPU) for wireless service stood at Rs 153.54 in the January-March period, thus translating into a 2.55 percent sequential increase.

PSU Watch is now on Whatsapp Channels. Click here to join

In its quarterly performance indicator report, the TRAI said the Adjusted Gross Revenue (AGR) of the telecom service sector for the reporting quarter increased by 0.13 percent on a quarterly basis to Rs 70,555 crore.

On a year-on-year basis, AGR grew by 7.51 percent.

The number of telephone subscribers in India increased to 1,205.64 million against 1,199.28 million in the previous quarter, registering a growth of 0.53 percent.

Wireline subscriptions came in at 35.11 million, an uptick of 15.81 percent on an annual basis.

With a net rise of 5.04 million subscribers during the quarter, the total wireless subscriber base increased 0.43 percent quarter-on-quarter to 1,170.53 million at the end of June 2024 from 1,165.49 million at the end of March 2024. The wireless subscriptions grew 2.36 percent year-on-year.

Wireline teledensity increased from 2.41 percent at the end of March 2024 to 2.50 percent at the end of June 2024.

Wireless Tele-density rose 0.21 percent quarter-on-quarter to 83.45 percent at the end of June 2024 compared to 83.27 percent.

The overall teledensity in India increased to 85.95 percent quarter-on-quarter from 85.69 percent.

While rural teledensity advanced to 59.65 percent in June against 59.19 percent in March, urban teledensity declined from 133.72 percent to 133.46 percent.

The total number of internet subscribers grew 1.59 percent quarter-on-quarter to 969.60 million as of June 2024.

The Internet subscriber base includes 28.85 million narrowband subscribers and 940.75 million broadband users.

Reliance Jio witnessed the highest 9.18 percent increase in subscriber base to 489.72 million.

Bharti Airtel's user base rose 4.42 percent to 398.07 million.

Troubled telco Vodafone Idea's subscription declined by 5.30 percent to 218.12 million.

State-owned BSNL and MTNL saw a drop of 13.16 percent and 4.88 percent in subscriber base, respectively.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)