Moneycontrol PRO
HomeNewsBusinessNumber of Internet subscribers in India surge to 95.4 crore with 7.3 crore added in last one year: Trai report

Number of Internet subscribers in India surge to 95.4 crore with 7.3 crore added in last one year: Trai report

Broadband services were a major driver of this growth, with subscribers increasing from 84.6 crore to 92.4 crore, reflecting a strong growth rate of 9.15%. This rise underscores the growing demand for high-speed internet across the country.

August 20, 2024 / 15:37 IST
average monthly minutes of usage per subscriber rose from 919 to 963 minutes.

average monthly minutes of usage per subscriber rose from 919 to 963 minutes.

The number of internet subscribers in India surged from 88.1 crore in March 2023 to 95.4 crore by March 2024, marking a notable addition of 7.3 crore subscribers, said Ministry of Communications citing a report. This represents an annual growth rate of 8.30%.

Broadband services were a major driver of this growth, with subscribers increasing from 84.6 crore to 92.4 crore, reflecting a strong growth rate of 9.15%. This rise underscores the growing demand for high-speed internet across the country.

The latest annual report from the Telecom Regulatory Authority of India (TRAI) highlights significant advancements in the sector over the past year.

Overall tele-density, which measures the proportion of telephone connections in the population, improved from 84.51% to 85.69%. The number of telephone subscribers also grew from 117.2 crore to 119.9 crore, representing a 2.3% increase.

Data usage experienced substantial growth, with wireless data subscribers rising from 84.6 crore to 91.3 crore. The total volume of wireless data used jumped from 1,60,054 petabytes (PB) to 1,94,774 PB, reflecting a significant increase of 21.69%.

Additionally, average monthly minutes of usage per subscriber rose from 919 to 963 minutes. The Adjusted Gross Revenue (AGR) for the telecom sector also saw a rise, growing from Rs 2,49,908 crore to Rs 2,70,504 crore, marking an 8.24% increase.

Moneycontrol News
first published: Aug 20, 2024 03:37 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347