Telcos’ AGR grows 2.53% in March quarter; Jio tops at ₹22,985 cr
Prepaid ARPU/month up from ₹137.71 in quarter ending Dec 2022 to ₹139.63 in QE Mar-23, though postpaid ARPU/ month dips from ₹182.3 to ₹173.5 in the said period
Prepaid ARPU/month up from ₹137.71 in quarter ending Dec 2022 to ₹139.63 in QE Mar-23, though postpaid ARPU/ month dips from ₹182.3 to ₹173.5 in the said period
The apex court dismissed a review petition, which means that AGR dues amounting to ₹1 lakh crore may have to be paid by telecom operators by January 23.
Equity markets opened in the green expecting an easy BJP win in Maharashtra and Haryana, but lost steam over lukewarm corporate earnings and the SC verdict ordering telcos to pay ₹92,000 crore.