wordpress blog stats
Connect with us

Hi, what are you looking for?

Idea’s Q4 net profit jumps 60% to Rs 941.8 crore on the back of increased data usage

Idea Cellular has reported 33.4 million mobile data subscriptions for the quarter ended March 31, 2015, registering a blended mobile data ARPU (average revenue per user) of Rs 150, a growth of 44.23% from Rs 104 in the same quarter last year.  Note that Idea Cellular has further mobile data subscriber definition, and has eliminated from its reporting incidental data users of less than 10 Mb/month. Idea Cellular had started culling incidental data users from Q3-FY14 and it had previously defined it as users who have consumed less than 1 MB/month. The total 3G subscription base is at 14.5 million for the quarter, and the telco added 7.4 million 3G subscriptions in the last financial year. Idea's net profit after tax was Rs 941.8 crore in the fourth quarter, compared with Rs 590 crore in the same period a year earlier, representing a growth of 60%year-on-year. Data as a percentage revenue stood at 16.9% at the end of Q4, up from 15.7% from the preceding quarter. Data as a percentage revenue stood at 10% in the same quarter last year. 3G Mobile Internet connections The telco has reported a 3G data connection base of 14.5 million for the quarter, up from 12.95 million connections in the previous quarter and from 5.86 million connections in the same quarter last year. 3G data ARPU has increased to Rs 209 from Rs 197 in the previous quarter, while the 3G Internet usage grew to 777 MB from 705 MB in the previous quarter. The data on 3G Internet for Idea Cellular at the end of Q3-FY15: – 3G Internet connections:…

Please subscribe/login to read the full story.
Written By

Free Reads

News

The ‘Reforming Intelligence and Securing America Act’ (RISAA) is a legislation to reauthorize Section 702 of the Foreign Intelligence Surveillance Act (FISA).

News

In its submission, the Interior Ministry said the decision to impose a ban was "made in the interest of upholding national security, maintaining public...

News

Among other things, the security requirements include data encryption and regular review and updated access permissions to reflect personnel changes.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

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...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ