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 {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
An ode to the Maximum City of hopes and heartbreak
Murzban F. Shroff's new collection of Mumbai stories chronicles the decline of the city, while celebrating its resilience
From red lights to green: DPI for businesses will spur job creation
Employer Aadhaar and Digilocker will apply Digital Public Infrastructure to compliance and help create high-wage jobs
HDFC Bank NPAs rise amid Q3 agriculture loan defaults
The lender's profit growth was weighed down by asset quality issues and slow loan growth
Address India's worsening urban groundwater crisis
We require innovative solutions that use technology to prevent its depletion and contamination
Netflix surges past 300 mn subscribers
Netflix on Tuesday said it added nearly 19 million subscribers during the holiday season to finish out last year with more than 300 million subscribers.
Dixon Tech: A flurry of acquisitions, capacity expansions
Upwardly mobile
NMC seeks to tighten rules for hiring medical college faculty
India's apex medical education regulatory has proposed new eligibility qualifications for teachers to improve standards as it seeks to weed out ghost faculty and incompetent teachers.
RIL arm acquires sauces brand SIL
Reliance Consumer Products Ltd (RCPL), the consumer goods arm of Reliance Industries Ltd (RIL), announced on Wednesday its acquisition of SIL, a food brand known for sauces and condiments.
Shareholders nix Gokaldas Esop plan
Apparel maker Gokaldas Exports' plan to reward its top executive with a generous stock grant has been blocked by the company's institutional shareholders, more than half of whom voted against the resolution enabling its latest employee stock option plan (Esop).
Garth Hudson wove a musical spell on listeners
Hudson was the last surviving member of the influential rock group The Band
