TRAI report reveals decline in telecom revenue, rise in internet connections for Q1 2023

  • The Q1 2023 gross telecom revenue dropped 3.19% compared to the previous quarter.
  • Internet connections saw an increase, from 865.9 million to 881.25 million, majority of which used broadband and mobile connections.
  • Despite the revenue drop, data consumption considerably increased, contributing significantly to telecom companies’ earnings.
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