The Indian market in Q4FY24 continued to demonstrate steady growth, TRAI

The total number of internet subscribers has increased from 936.16 million at the end of Dec-23 to 954.40 million at the end of Mar-24, registering a quarterly rate of growth 1.95%.

Out of 954.40 million internet subscribers, number of wired internet subscribers are 40.27 million and number of wireless internet subscribers are 914.13 million.

The broadband Internet subscriber base increased by 2.16% from 904.54 million at the end of Dec-23 to 924.07 million at the end of Mar-24. The narrowband Internet subscriber base decreased from 31.62 million at the end of Dec-23 to 30.34 million at the end of Mar-24.

Wireline subscribers increased from 31.84 million at the end of Dec-23 to 33.79 million at the end of Mar-24 with a quarterly rate of growth 6.12% and, on Y-O-Y basis, wireline subscriptions also increased by 18.94% at the end of QE Mar-24.

Monthly Average Revenue per User (ARPU) for wireless service increased by 0.64%, from Rs.152.55 in QE Dec-23 to Rs.153.54 in QE Mar-24. On YoY basis, monthly ARPU for wireless service increased by 7.88% in this quarter.

Gross Revenue (GR), Applicable Gross Revenue (ApGR) and Adjusted Gross Revenue (AGR) of Telecom Service Sector for the Q.E. Mar-24 have been Rs.87,926 Crore, Rs.83,945 crore and Rs.70,462 Crore respectively. GR increased by 4.05%, ApGR increased by 3.51% and AGR increased by 3.87% in Q.E. Mar-24, as compared to previous quarter.

The license fee increased from Rs.5,433 Crore for the QE Dec-23 to Rs.5,637 Crore for the QE Mar-24. The quarterly and the Y-O-Y rates of growth in license fees are 3.76% and 9.28% respectively in this quarter.

The number of telephone subscribers in India also increased from 1,190.33 million at the end of Dec-23 to 1,199.28 million at the end of Mar-24, registering a rate of growth 0.75% over the previous quarter. This reflects Year-On-Year (YoY) rate of growth 2.30% over the same quarter of the last year. The overall Tele-density in India increased from 85.23% as in QE Dec-23 to 85.69% as in QE Mar-24.

With a net increase of 7 million subscribers during the quarter, the total wireless subscriber base increased from 1,158.49 million at the end of Dec23 to 1,165.49 million at the end of Mar-24, registering a rate of growth 0.60% over the previous quarter.

On YoY basis, wireless subscriptions also increased at the rate of 1.88% during the year. 20. Wireless Tele-density increased from 82.95% at the end of Dec-23 to 83.27% at the end of Mar-24 with quarterly rate of growth 0.38%.
BCS Bureau