Idea Cellular – Dares to Spend a Billion Dollar on CAPEX
Idea Cellular reported its Quarterly results yesterday. Idea like Vodafone is stuck in just the Wireless Business. The company reported ARPU of Rs161, down 13% YoY and 4.2% QoQ and ARPM of Rs 0.41. Minutes of use per subscriber declined 0.3% YoY however the shocking thing was the increase in Monthly churn to 10.7% from ~8% in 1HFY11. VAS revenues as % of sales fell to 12% from 13% in 4Q.
Here is an excerpt from the Conference Call
- 3G services have been launched in 9 out of the 11 service areas where Idea has license with 1.55m subscribers across Read more
Reliance Communications – Riding the Wireless Data Wave
It was January of 2008 that I had asked RCom, Airtel, etc on why were they not aggressive on Data plans. Today I am very delighted to hear from Mr. Syed of Reliance Communications that the company is riding the Data / Broadband Wave which now contributes ~20% of the Topline. This is certainly a punch in the face of other operators. Some of the key milestones reached by Reliance Communications on this front are as follows,
- Reliance NetConnect Broadband+ EVDO based Wireless Internet is now available in 500 towns. [No subscriber numbers were shared]
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