Industry body COAI expects earnings of mobile operators to remain depressed for another 3-4 quarters, hurt by the sheer intensity of competition in the telecom market.

Major operators are slated to announce their January-March quarter results in the coming weeks, in a market defined by cut-throat competition and falling tariffs that benefit consumers but erode telcos' profitability.

A recent report by the Telecom Regulatory Authority of India (TRAI) has noted that the gross revenue of telecom services providers fell 8.1 percent while the licence fee collected by the government dropped by 16 percent year-on-year in the quarter ended December 31, 2017.

The adjusted gross revenue (AGR) earned by companies from sale of telecom services declined by 16.05 percent to Rs 38,536 crore in the said quarter on year-on-year basis, reveals TRAI's quarterly performance indicator report.

Industry body COAI expects earnings of mobile operators to remain "depressed" for another 3-4 quarters, hurt by the sheer intensity of competition in the telecom market.

Major operators are slated to announce their January-March quarter results in the coming weeks, in a market defined by cut-throat competition and falling tariffs that benefit consumers but erode telcos' profitability.

A recent report by the Telecom Regulatory Authority of India (TRAI) has noted that the gross revenue of telecom services providers fell 8.1 percent while the licence fee collected by the government dropped by 16 percent year-on-year in the quarter ended December 31, 2017.

The adjusted gross revenue (AGR) earned by companies from sale of telecom services declined by 16.05 percent to Rs 38,536 crore in the said quarter on year-on-year basis, reveals Trai's quarterly performance indicator report. – Money Control 


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