Reliance Communications which provides GSM and CDMA mobile services, wireline broadband and ILD & NLD services, reported a decline in its quarterly net profits, compared to the same quarter last year. Its net profits declined to Rs 241 crore, a decline of 54.1% from profits of Rs 525 crore that it registered last year, during the same quarter. Sequentially, there has been a decline as the company’s profits last quarter were Rs 322 crore. The net profit after adjustment of shares of minority interest and associates stands at Rs 186 crore. R-Com registered an increase of 0.24% QoQ in terms of net revenue which now stands at Rs 5052 crore. The company’s EBITDA was at Rs 1611 crore, with an EBITDA margin of 31.9%. Wireless: - Wireless: on a consolidated basis, the company’s Wireless business increased 0.7% sequentially, at Rs. 4447 crore in revenues, revenue increased 9.42% year on year from Rs. 4064 crore. - Wireless EBITDA is at Rs 1182 crore, up 0.5%, against Rs 1176 crore that it registered during the previous quarter. - RCOM’s customer base is up 2.0% QoQ from 147 million, at 150.1 million representing a market share of 16.9%.This includes 2.8 million 3G subscribers. 97.1% of the total are Pre paid customers. - Wireless minutes of usage increased from 98.9 billion to 99.9 billion, up 1% QoQ, while minutes of use per customer in a month saw a minor decline of 3 minutes at 224 minutes. - Revenue per minute at 45 paise/min. Has been almost stable since…
