Sistema Shyam Teleservices (MTS India) has reported consolidated revenues for the fourth quarter of 2011 and for the financial year. The company crossed the 150 lakh subscriber mark during Q4 2011. SSTL's data card subscriber base for the quarter increased by 25% to 13.4 Lakh/1.34 million subscribers. It added 2.7 Lakh data card subscribers during the quarter, highest addition in a quarter till date. Non-voice revenues, which include both data and mobile VAS revenues, were up 22% quarter on quarter to Rs 128.1 crore, now contributing 33% of total revenue, probably the highest among telecom operators. Sistema is finalising its legal strategy, according to a report by The Economic Times, to counter the revocation of its licenses. Note that the SSTL's 21 licenses were cancelled by the Supreme Court, following its verdict in th 2G spectrum allocation scam case. Sistema had earler approached the Court with a review petition, which was rejected. It had said that its investments were protected by Indo-Russian Bilateral Investment Treaty (BIT), and has asked the Indian government to honor the treaty to protect its $3.1 billion investment in Sistema Shyam TeleServices Ltd. (SSTL). Need To Know: Data & VAS Revenues: Non-voice revenues from both data and mobile VAS for the quarter and full year increased by 22% QoQ and 327%, to Rs 128.1 Crore (USD 25 million) and Rs 371.8 Crore (USD 79 million), respectively. Non Voice revenues now contribute 33% of total quarterly revenues and the contribution has increased by 60bps for the quarter. Blended ARPU: Mobile ARPU for the quarter and year increased by…
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