wordpress blog stats
Connect with us

Hi, what are you looking for?

Ortel reports marginal increase in subscribers in Q4 FY17; ARPU dips

  Multi system operator Ortel Communications said it had 73,087 broadband subscribers on its network during the quarter ended March 31, 2017 (Q4 FY17), up marginally from 72,503 subscribers it reported in the previous quarter. Broadband users accounted for 9.7% of Ortel’s subscribers. This number was 10% in the Q2 FY17. On the other hand, Ortel’s Cable TV base increased to 750,471 subscribers during the quarter, which is up from 738,963 subscribers reported in the last quarter. The operator seems to have recovered from the impact of demonetization and competition, which led the marginal decrease in subscribers in the previous quarter. However, Ortel is now making less money per broadband subscriber: Broadband ARPU decreased to Rs 375 in Q4 FY17, which has been reducing constantly from a peak ARPU of Rs 401 reported in Q1 FY17.  Cable TV ARPU also fell to Rs 147 during the quarter, from Rs 150 in the previous quarter. Apart from falling ARPU, monthly data usage per customer also decreased 23.6% QoQ to 4,133 MB from 5,415 MB in the preceding quarter. The operator recently launched high-value plans with FUP of up to 1 TB to help increase data usage on its network. Currently, it offers Cable TV and fixed broadband connections (of up to 100 Mbps) in 78 towns across states like Madhya Pradesh, West Bengal, Chhattisgarh, Orissa, Andhra Pradesh and Telangana. The company said its network length (broadband cable) stood at 64,685 Kms as of Q4 FY17. Segmented Revenues Ortel reported Cable TV…

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

Free Reads

News

Third-party cookies are small pieces of data that are collected by websites to track user activity. These are particularly lucrative to websites, as this...

Kotak Mahindra Bank Kotak Mahindra Bank

News

RBI noted that without a robust IT infrastructure and IT risk management framework, the bank’s Core Banking System (CBS) and its online and digital...

News

As opposed to Large Language Models, Small Language Models are best suited to perform simple tasks and can also be easily fine-tuned to meet...

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