Telecom sector revenues cross Rs 40,000 cr

Continuing its robust growth, the Indian telecom industry saw its gross revenues growing 2.6 per cent to more than Rs 40,000 crore in the quarter ending March 31, said the sectoral watchdog in New Delhi.

Continuing its robust growth, the Indian telecom industry saw its gross revenues growing 2.6 per cent to more than Rs 40,000 crore in the quarter ending March 31, said the sectoral watchdog in New Delhi on Monday.

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According to the Telecom Regulatory Authority of India (TRAI), the gross revenue of the telecom sector for the period under review stood at Rs 40,444.66 crore, as against Rs 39,408 crore in the previous quarter.

The state-owned operators - Bharat Sanchar Nigam and Mahanagar Telephone Nigam -- together earned Rs 10,599 crore, while private players raked in Rs 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 per cent.

Tele-density, too, increased 36.98 per cent from 33.23 per cent in the previous quarter.

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 per cent.

The number of Internet wireline subscribers increased 5.3 per cent to 13.54 million in the fourth quarter as against 12.85 million in the same period a year before.