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Idea Cellular Q1-FY14 Concall: Mobile Data Traffic Volume Up 92.2% YoY

Idea Cellular reported standalone revenues of Rs 6,535.5 crore for the quarter ending June 2013, up from Rs 5,538 crore revenues in Q1-FY13. It added 4.7 million data connections for the quarter ending June 30, 2013 (Q1-FY14) – the highest data adoption by Idea customers in a quarter – up from 4.5 million additions in the previous quarter. The company also noted that it added 12.6 million data connections on a yearly basis. Here are notes from the investor conference call: - It reported 18% Year on Year (YoY) standalone revenue growth and 18.8% YoY consolidated revenue growth. Himanshu Kapania, Managing Director of Idea Cellular, said that the hyper competition phase is easing out and the Indian mobile market is returning back to higher growth levels. - Net quarterly data customer growth was at 4.7 million in Q1FY14, up from 4.5 million mobile data users in Q4FY13. EOP of mobile data users using EDGE or HSPA platform was at 30.9 million penetration of 24.7% of 125 billion. The data ARPU was at Rs 54 per data user. - It also claimed that mobile data contribution increased by 2.7% of the service revenue YoY with 92.2% mobile data traffic volume growth on YoY basis. In Q1Fy14, data volume reached at 13.8 billion megabytes. - Speaking on Spectrum purchase, Kapania said that currently the government has allocated only 40% of the available spectrum. Govt has a large amount of spectrum available in the 1800 band,while it has some spectrum available in 2100, 2300, 700 MHz…

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