Telecom industry revenue up 16% in Q2; Airtel gains largest share, Vi sees loss
- Jio’s AGR rose 3% on quarter and 20.1% on year to ₹22,500 crore, leading to a market share of 41.4%, up 56bps sequentially
NEW DELHI: Adjusted gross revenues (AGR) of the telecom industry grew 16.4% year-on-year to ₹54,300 crore in the September quarter. Bharti Airtel gained the most, with its revenue market share up 83 basis points (bps) sequentially to 36.3%, while Vodafone Idea (Vi) continued to lose more ground.
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