wordpress blog stats
Connect with us

Hi, what are you looking for?

Telenor Talks About Indian Operations, Future Plans

Norway headquartered telecom company, Telenor, conducted a briefing on the present situation of its Indian operations, and its future outlook. Remember that the company had won spectrum in 6 circles during the recently conducted 2G auctions, after its license was cancelled by the Indian Supreme Court in February 2012. The company declared that it will now focus on the six new circles, keeping in consideration its funding limit of Rs 155 billion, and that it aims to break-even with respect to cash flow towards the end of 2013. Some more notes from the briefing: - The company had adopted a 'circle by circle' approach, securing spectrum in its six best-performing circles. The company estimates the total population in these circles to be 600 million, with a penetration rate of 40%. It talked about the UP East circle where it has been able to breakeven in a time span of 3 years with 7.3 million subscribers and cost per minute of 15 paise, was at number 5 position, market share wise. It expects to breakeven in Maharashtra and Gujarat in early 2013. It experienced a revenue growth of 6% in 6 circles and 8% pan-India. - Telenor had participated in the auction with its new partner Lakshdeep Investments which has a 26% stake in the new Joint Venture. Telenor has a 49% stake and is awaiting FIPB approval for expanding its holding to 74%. It talked about market concentration being lower with 3 big guys only getting 70% market share, while…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ