Reliance Mobile ARPU Drops 24% in Q2- Broadband ARPU Rises

November 2, 2009 · Filed Under Broadband, Mobile, Telecom · Comment 

RCom quietly announced its results yesterday [if you run a company and have bad results to announce, do so on a holiday, only if you are worried about huge SELL OFF in your stock] and the numbers look way too ugly. Employees at the Wireless division must be singing Queen’s song – Under Pressure ;-) Look at Wireless ARPU Rs 161 [GSM + CDMA + FWP] it has dropped 24% QoQ. EBITDA down 20% and Net profit has halved. Awesome!!! Quick peek into the results, Read more