Key Highlights
- The company has increased its network coverage to 127 towns and 317 BTSs in the quarter review, taking the total to 939 towns and 2367 BTSs. The average tenancy of the company stood at 1.3.
- The company has increased its total subscriber base to 6.64 millions at the end of YTD Dec’08 from 5.08 millions at the end of FY08.
- As on 31st December’08, the wireless EOP market share stood at 13.9% and Wireless Incremental Market share clocked at 14.8%.
- The wireless ARPU of the company on Q-o-Q basis declined by 7% to Rs 196 and the average minutes of usage per user also dipped to 250 minutes from 260 minutes in Q2 FY09. The rate per minute declined to Rs 0.79 compared to Rs 0.81 in Q2FY’09.
- The average revenue per user (ARPU) on a Q-o-Q basis has decreased by 9% to Rs 1156 for wireline services.
- Customers of Wire line services are stood at 489000.
- Balance Sheet data as on 31st December’08: Gross Debt: Rs 3096 crore, Cash & equivalents Rs 27 crore: Gross Block is Rs 4654 crore.
- The decline in growth in sales is due to less number of working days in the October and November months in Mumbai.
- Two of its big clients (Indian hotels and Oberoi hotels) has been affected due to terrorist attack which affected the revenues from Enterprise segment.
- 90% of FCCB are converted and remaining will be converted in June 2009.
- Capex for FY’09 is Rs 850 crore of which Rs 500 crore has already been spent in nine months of current fiscal.
- Expects to launch GSM services by Q2 FY’10.