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Telenor India’s active Internet connections fall to 8.99M in Q3

Telenor's active Internet subscriber base has fallen and the company reported 22% of its connections were active Internet connections for the quarter ended September 30.  While the company hasn’t disclosed any specific number on Telenor's active Internet base in the country, Telenor reports a total connection base of 40.855 million for the quarter. This translates to an Internet subscriber base of 8.99 million. The telecom operator had reported an Internet base of 10.36 million connections in the preceding quarter or 26% of its subscriber base. Note that Telenor mentions that the active connection base in India’s operations are more conservative than the rest of the group due to the high churn in the market. Subscriptions in India are considered active if there was activity in the last 30 days, where as for the rest of the group active mobile internet users are subscriptions with at least 150 KB of data during the last three months. Financials Telenor group has reported total India revenues of NOK 1.41 billion (around Rs 1083.74 crore as per current rates) for the quarter, registering a 31.38% increase from NOK 1.074 billion in the same quarter last year. On a sequential basis, revenues were up marginally by 3.6% from NOK 1.36 billion. However, the company reported a negative EBITDA of NOK 58 million for the quarter. It had reported an EBITDA profit of NOK 24 million in the preceding quarter and loss of NOK 136 million in the same quarter last year. Telenor attributed the fall in EBITDA to the rebranding exercise it undertook this September. Highlights – ARPU: The…

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