Reliance Communications which provides GSM and CDMA mobile services, wireline broadband and ILD & NLD services, reported a sharp decline in its quarterly net profits, compared to the same quarter last year. Its net profits declined to Rs 168.6 crore, a decline of 86% from profits of Rs 1219.5 crore that it registered last year, during the same quarter. Even sequentially, this is a big loss, and the company's profits last quarter were Rs 480.3 crore. It registered a growth of 71.3% QoQ in terms of net revenue which now stands at Rs 6949.9 crore. Operational Highlights Wireless: - The company reports a net addition of 10.06 million subscribers during Q4FY11, and has 135.71 million subscribers in total. 97% of its customers are Pre-paid subscribers. - RCom's wireless ARPU decreased marginally to Rs 107 this quarter, from Rs 111 that it reported during the last quarter. However, comparing on an Year-On-Year basis, it is a 23% decline from Q4FY10's ARPU of Rs 139. - Wireless churn was at 4.1%. The total 'Minutes of use' increased to 94.4 billion minutes, while minutes of use per customer in a month saw a minor decline of 10 minutes at 241 minutes. Its wireless 'Revenue per minute' remained stable at Rs 0.44 and wireless EBITDA was Rs 0.12 per minute. Global: - Total International Long Distance minutes increased to 4538 million this quarter compared to last quarter's 4084 million. - Total National Long Distance Minutes remained more or less stable at 16,578 million minutes,…
