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Vodafone India Revenues Down 7% QoQ, ARPU At Rs.222

Vodafone India has reported 22.6% year-on-year increase in revenues in the quarter ended September 2009, but down 6.8% sequentially, with voice and data revenue falling and messaging revenue up 4.5%. This trend in falling revenues quarter on quarter has been noticed amongst other telcos - Bharti Airtel's was down 0.97%, Tata Teleservices Maharashtra Ltd's 0.13% and RCOM's fell by 10.6%. This decline may continue for a while as the mobile industry is seeing hyper competition amongst its larger players, and may end only when, as Idea Cellular's MD Sanjeev Aga predicted recently, India's telecom Merger & Acquisition rules change. WSJ reports, quoting sources, that in the last month, Vodafone has seen increase in connections in Madhya Pradesh, Bihar and Uttar Pradesh, where per second and Rs. 0.50 per minute scheme for long-distance calls were launched. So for the quarter ending December…

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