Vodafone India revenues up


An increase in the customer base has helped the U.K.-based telecom major Vodafone Group report a 20 per cent growth in its India business revenue to 1.024 billion pounds (963 million pounds) in the quarter ended December 2011. This is against the Vodafone Group's total service revenue growth of 0.9 per cent during the period.

The growth in Vodafone India's service revenue was driven by an increase in customer base, continued growth in incoming and outgoing voice minutes and a 46.4 per cent growth in data revenue.

On December 31, 2011, Vodafone India's data customers totalled 31.2 million and the mobile customer base went up to 147.74 million with a net addition of 2.755 million customers during the quarter.

“Whilst the market remains highly competitive, the effective rate per minute increased slightly compared to Q2 following the penetration of recent price rises into the customer base,” the company said.

Following the launch of commercial 3G services in February 2011, 3G was available to Vodafone customers in 683 towns and cities across 20 circles.

Last month, the Vodafone Group got a favourable judgment from the Supreme Court of India with regard to a tax case pertaining to the acquisition of Vodafone India in 2007.

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Printable version | Jan 21, 2018 1:49:47 AM |