Continuing its robust growth, the Indian telecom industry saw its gross revenues growing 2.6% to more than INR 40,000 crore in the quarter ending March 31.
According to the Telecom Regulatory Authority of India (TRAI), the gross revenue of the telecom sector for the period under review stood at INR 40,444.66 crore, as against INR 39,408 crore in the previous quarter.
The state-owned operators -Bharat Sanchar Nigam and Mahanagar Telephone Nigam – together earned INR10,599 crore, while private players raked in INR 29,846 crore.
TRAI said India's total subscriber base reached 429.72 million by March-end, as against 384.79 million for the quarter ending December, registering a growth of 11.68%.
Tele-density, too, increased 36.98% from 33.23% in the previous quarter, reports IANS.
The subscriber base of wireless and wireline increased to 391.76 million and 37.96 million respectively.
However, rural wireline decreased from 10.68 million to 10.58 million, a decrease of 0.93%.
According to the watchdog, the ARPUs (average revenue per user) continued to fall, decreasing 6.82% from INR 220 in December-end to INR 205 in March.
The number of Internet wireline subscribers increased 5.3% to 13.54 million in the fourth quarter as against 12.85 million in the same period a year before.