Vodafone India has reported a 16.7% increase in revenues, including a 1.1 percentage point benefit from Indus Towers, the Group’s network sharing joint venture, for the quarter ended December 31st 2010, if you don’t take into account foreign exchange fluctuations. The growth, according to the company, has been driven by an increase of 8.7 million in net customer additions during the quarter and strong mobile voice usage, partially offset by a fall in mobile voice pricing due to strong competition in the market. India continues to remain the second largest emerging market for Vodafone, after South Africa (Vodacom). However, if you take into account exchange rate fluctuations, India service revenues improved quarter on quarter by 7.12% , with voice revenues increasing 5.11%, messaging revenues increased by 17.5% and revenues from data/VAS went up by 14.29%. Note that the quarterly figures below include the impact of foreign exchange. Download: Spreadsheet | Press Release | Webcast | India Datasheet ARPU, Minutes Of Use, Customers & Churn Vodafone’s ARPU declined quarter on quarter by 0.5% quarter on quarter, to Rs. 176 from Rs. 177. This is despite increasing total minutes of use to 110.62 billion, up from 104.87 billion the previous quarter. Vodafone feels that the pricing of calls is moderating in the market. Churn over the last four quarters increased to 46.7%, up from 41.4% the previous quarter. Note that Vodafone reports churn over the last four quarters, instead of reporting churn for the quarter. Vodafone reported 36% higher net adds at for the quarter, up to 8.70…
