Jio becomes the market leader with 31.7% AGR, telcos record 9% growth

Jio continues to enjoy a strong position in B and C circles and commands the number one position in 13 circles

The telecom sector’s year-on-year (YoY) revenue growth returned to positive in the June quarter — the first time since the third quarter of 2016-17 (FY17) — to Rs 34,300 crore, driven primarily by average revenue per user (ARPU) growth, shows data by the Telecom Regulatory Authority of India (TRAI). 

Reliance Jio’s adjusted gross revenue (AGR) grew 9 per cent sequentially to an industry-leading revenue market share (RMS) of 31.5 per cent. State-owned Bharat Sanchar Nigam (BSNL) sprung in a surprise by clocking a 33 per cent sequential jump in revenues. AGR is gross revenue minus access and pass-through charges.  

Bharti Airtel, on