The slide in Sify Technologies' consumer business continued, as the company reported a 42% year on year decline in its broadband consumer base, and a 66% decline in active subscribers for its e-Ports (cybercafe / kiosk) business. Sify now has around 79,000 broadband subscribers, compared with around 137,000, and 104,000 active e-port subscribers, compared with almost thrice as many at the end of September 2009. The number of CTO's (Cable operators), is down 17.9% year on year to 1645. Update: according to a clarification we've received from Sify, there was a typo in their earnings announcement: Broadband ARPU is up 12% QoQ, and flat year on year at Rs. 306 (and not Rs. 36). We've corrected the table below. But its consumer business is dying, even as its enterprise business is strengthening. Revenues for the consumer business declined 42.18% year on year to $3.03 million, and 5.31% quarter on quarter. MP Vijay Kumar, CFO at Sify, said on the earnings conference call that margins have gone down in the consumer business, pulling overall results down, despite improvements in margins on the enteprise business front. Sify has $7.9 million cash on hand, which explains its promoter plans to invest $86 million in the company. Merges Portals & Access Business Teams CVS Suri, COO at Sify, said on the call that they're now viewing the consumer business play as an added service on top of the enterprise infrastructure. Suri said that even as the company has delinked VAS services from connectivity (access),…
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