Airtel, Vodafone Idea improve revenue in metros: Report

Research firm UBS observed that revenue of companies from telecom services or adjusted gross revenue (AGR) declined by 0.7 per cent quarter on a quarterly basis and down by 15.4 per cent year-on-year basis. ICICI Securities market share tracker report said the industry AGR dipped to Rs 32,000 crore due to seasonality and downgrades in the postpaid category.

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