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Updated: Vodafone India Had 31.2M Data Subs At End Of Q3-FY12; Service Revenue Increases 6.3% YoY

Vodafone‘s India services revenues for the quarter ended 31st December 2011, was at GBP 1024 million, a growth of 6.3% YoY. Note that Vodafone's financial report as well as presentation slides mention a 20% YoY growth in service revenues, citing organic growth related to performance on a comparable basis, both in terms of merger and acquisition activity and movements in foreign exchange rates. According to the company this growth was on account of increase in the customer base, continued growth in incoming and outgoing voice minutes and a 46.4% growth in data revenue. Revenue from voice services decreased quarter on quarter to GBP 790 million. The effective rate per minute increased slightly compared to Q2 following the penetration of recent price rises into the customer base. There was a major quarterly decline in messaging revenue, which is unusual since the quarter covered the festive season - Messaging revenue was at GBP49 million, a decline of 22.2% compared to last quarter’s revenue of GBP 63 million. The company's data revenue also declined to GBP 83 million, down 6.7% QoQ. Messaging and data contributed around 13% to the company's service revenue. The company has stated that it had 31.2 million data customers at the end of 31st December 2011, up 2.3 times year on year. 3G was available to Vodafone customers in 683 towns and cities across 20 circles at the end of the quarter. - ARPU: Vodafone India’s (blended) ARPU increased quarter on quarter at Rs 173 from Rs 168 in the previous quarter. - PostPaid:…

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