In signs of improving financial metrics of telecom firms, the monthly average revenue for mobile services rose over 8% year-on-year to Rs 157.45 per user in the quarter ended June 2024, according to a Telecom Regulatory Authority of India report.
The monthly average revenue per user for wireless service stood at Rs 153.54 in the January-March period, thus translating into a 2.55% sequential increase.
In its quarterly performance indicator report, the TRAI said the Adjusted Gross Revenue of the telecom service sector for the reporting quarter increased by 0.13% on a quarterly basis to Rs 70,555 crore. On a year-on-year basis, AGR grew by 7.51%.
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%.
Wireline subscriptions came in at 35.11 million, an uptick of 15.81% on an annual basis.
With a net rise of 5.04 million subscribers during the quarter, the total wireless subscriber base increased 0.43% 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% year-on-year.
Wireline teledensity increased from 2.41% at the end of March 2024 to 2.50% at the end of June 2024.
Wireless Tele-density rose 0.21% quarter-on-quarter to 83.45% at the end of June 2024 compared to 83.27%.
Also Read: TRAI July Data - Active Subscribers Base Dips For Private Telcos; BSNL/MTNL Gains: ICICI Securities
The overall teledensity in India increased to 85.95% quarter-on-quarter from 85.69%.
While rural teledensity advanced to 59.65% in June against 59.19% in March, urban teledensity declined from 133.72% to 133.46%.
The total number of internet subscribers grew 1.59% 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% increase in subscriber base to 489.72 million.
Bharti Airtel's user base rose 4.42% to 398.07 million.
Troubled telco Vodafone Idea's subscription declined by 5.30% to 218.12 million.
State-owned BSNL and MTNL saw a drop of 13.16% and 4.88% in subscriber base, respectively.
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