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Q1-10: RCOM ARPU Slides To Rs. 210; Adds 6.95M Connections; Net Profit Up 13%

Average Revenue Per User for Reliance Communications, the  dual technology (GSM and CDMA) cellular service provider, has slipped to Rs. 210 in the first quarter of fiscal 2010 from Rs. 224 last quarter and Rs. 282 for the same quarter last year. Wireless Revenue Per Minute (RPM) is also down to 58 paise, from Rs. 0.60 last quarter, and Rs. 0.66 for the same quarter last year. Minutes of Use (MoU) is down to 365 minutes per subscriber per month, from 372 last quarter and 424 for the same quarter last year. Minutes of Use, ARPU and RPM have all been witnessing a quarter on quarter decline, as more and more subscribers are being added into the network. Reliance added 6.95 million wireless connections in the quarter, compared to 11 million in Q4-09. The company does not offer a breakup between number of GSM and CDMA connections. Its wireless market share rose to 18.9% from 18.8% in the previous quarter. Churn rose to 1.3% from 0.8% last quarter. Minutes of use for wireless division increased to 83.3 billion minutes from 74.8 billion recorded in Q4-09. RCOM also operates in broadband (Net Connect), fixed wireless (Hello), tower (with Infratel), enterprise services (with Globalcom, under which are subsidiaries Flag, Vanco and Yipes), investment funding, DTH (Big TV), IPTV, BPO and retail (with RWorld and Reliance Mobile Stores) sectors. Financials RCOM logged a 12.56% rise in net profit to Rs. 16,366 million though revenues only  rose marginally (0.35%) to Rs. 61,452 in the…

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