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RCOM lost 3.1M mobile Internet subscribers in Q3FY17; net loss of Rs 531Cr

Anil Ambani-led Reliance Communications (RCOM) lost 3.1 million mobile Internet subscribers during the quarter ended December 2016 (Q3-FY17): the company reported 32 million mobile Internet connections for the quarter, down 8.8% Quarter-on-Quarter (QoQ) from 35.1 million connections in Q2-FY17 In the previous quarter, RCOM lost 3.8 million data connections due to the company’s migration from CDMA to 4G, and due to the launch of Reliance Jio. However, the telco has lost more subscribers during this quarter, after Jio extended its free services till March 2017. Note that RCOM also lost 3.7 million customers during Q1FY17, when it started the 4G switch. RCOM has not provided information about total subscriber base in its press release; we will update the story when the company releases its quarterly report for Q3FY17. Currently, the telco has a total subscriber base of 87.7 million, down from 88.3 million in the same quarter last year 3G+4G connections vs 2G connections The company’s mobile broadband (3G + 4G) connections stood at 23.4 million this quarter, down 4.4% QoQ from 24.5 million mobile broadband connections in the previous quarter. Mobile broadband base accounted for 73% of all data connections during the quarter. RCOM had 8.6 million 2G connections in this quarter, down from 10.6 million in the previous quarter. Its 3G mobile Internet base had surpassed 2G in Q1FY16. Decrease in Data usage Total mobile data traffic generated on RCOM’s network was 93.7 billion MB during the quarter, down 10% QoQ from 104.8 billion MB in the previous quarter. The telco mentioned that data usage “decreased…

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