Telecom operator Uninor has announced that it has achieved EBITDA (earnings before interest, tax, depreciation and amortization) break even in two new circles - Uttar Pradesh (West) and Bihar. With this, Uninor has now broken even in five of the six operational circles, and seems to be on track with its plans to break even in all six operational circles by the end of 2013. Uninor had broke even first in Uttar Pradesh (East) in November 2012, followed by Gujarat in January 2013 and Andhra Pradesh in July 2013. The only circle where Uninor is yet to break even is Maharashtra (which includes Goa), where the company apparently faced negative development in terms of revenue in the previous quarter, due to the closure of the neighboring Mumbai circle in February 2013. Interestingly, Uninor CEO Yogesh Malik also points out that Uninor has lower average revenue per user (ARPU) and higher energy costs in these circles, while other circles like Gujarat and Andhra Pradesh have higher ARPU and lower energy costs. He claimed that Uninor currently has more than 2,890 sites in UP (West) and 2,442 sites in Bihar while the company has a retail footprint of 56,285 points of sale in UP (West) and 50,000 points of sale in Bihar, as indicated by a Business Standard report. Going forward, the company plans to expand its network and retail presence with specific focus on the rural regions. Telenor's Roller Coaster 2012 and 2013 Norway's Telenor which currently operates in India as Uninor, seems to be slowly recovering after a roller coaster year or two in terms of licenses…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...