India telecoms posts 11% drop in revenue in Q4 fiscal 2017

India telecom regulator TRAI has revealed the revenue of Indian mobile operators for the fourth quarter of fiscal 2016-17.

Adjusted gross revenue (AGR) of telecom operators fell 11.05 percent quarter on quarter to Rs 40,831 crore in the wake of high competition in the market due to the entry of Reliance Jio.