Subscriber growth bolsters Idea’s turnover

29 Jan 2014

Indian cellco Idea Cellular has registered a 17.8% year-on-year increase in revenues for its fiscal third quarter ended 31 December 2013, booking turnover of INR66.11 billion (USD1.05 billion). EBITDA for the period expanded to INR18.14 billion, with an EBITDA margin of 27.4%, compared to INR13.17 billion and 23.5% respectively a year earlier. Meanwhile, net earnings more than doubled y-o-y to INR3.98 billion, although this also represented a slight drop of 0.1% on a quarter-on-quarter basis. In terms of subscribers, Idea continues to see steady growth, with the cellco reporting 128.7 million wireless users at the end of December 2013, compared to 113.9 million a year earlier and 127.2 million in September 2013. Idea also added 2.5 million net new 3G subscribers in the three-month period, bringing its total 3G user base to 8.7 million.

India, Idea Cellular,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share