Good news - BSNL's Adjusted Gross Revenue (AGR) grew by 27.94% between April to June, 2019.

It is a good news that the revenue of the telecom industry has finally started growing. According to the data released by the TRAI, the Adjusted Gross Revenue (AGR) of telecom industry between April to June, 2019, stood at Rs.39,124 crore. The AGR during the same period in 2018 stood at Rs.36,552 crore. This is a growth of 7.3%. AGR is the revenue earned by companies by providing various telecom services. This does not include other revenues like bank interests, revenue earned through infrastructure sharing, etc. It is very encouraging to note that BSNL has recorded the highest AGR growth. BSNL’s AGR grew by 27.94% at Rs.2,598.61 crore. BSNL’s AGR during the same period in 2018 was Rs.2,031.07 crore. Airtel’s AGR grew by 26.15% and Reliance Jio’s AGR grew by 9.77%. However, Vodafone’s AGR has declined by 5.78%.

[Courtesy: Financial Express – 02.10.2019]