Telcos AGR rises 8% to Rs 2.7 lakh cr; govt SUC collection drop 32% in FY24

Telecom operators’ adjusted gross revenue — on the basis of which the government collects spectrum and licence fees — grew by 8.24 per cent to Rs 2.7 lakh crore in 2023-24, a Trai report said on Wednesday. The adjusted gross revenue (AGR) of telecom service providers was Rs 2.49 lakh crore in 2022-23, Trai’s Performance Indicator Report for 2023-24 said.

Reliance Jio posted the highest AGR of Rs 97.86 thousand crore, 9.62 per cent more than Rs 89.27 crore in the year-ago period.