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Uninor Q1-2013 ARPU At Rs 94; NOK 185M EBITDA Loss

For the quarter ending March 31, 2013, Telenor group has reported a total ARPU (Average Revenue Per User) of Rs 94 (NOK 10), up from Rs 91 (NOK 10) sequentially but down from Rs 98 (NOK 11) in Q1 2012. Decline In Subscription Base Telenor saw a decline of 3.26 million subscribers during the quarter. The company attributed this decline to closing down operations in seven of thirteen telecom circles where it was operational, in 2012 and in Q1 2013. Uninor had shut down its operations in Kolkata and West Bengal in February 2013 and was forced to shut down its operations in Mumbai at the same time, after a Supreme Court order directed all operators who did not win spectrum in the November auctions to close down services immediately.  The company said that shutting down operations in Mumbai, West Bengal and Kolkata had resulted in a decline of 4.6 million subscribers during the quarter. However in the remaining six operational circles, Uninor was able to add 1.4 million subscribers during the quarter. Telenor currently has 23.6 million subscriptions in six telecom circles in the country, including Andhra Pradesh, Bihar, Gujarat, Maharashtra, UP East and UP West. The company reported a monthly churn rate of 5%, down from 12% in the previous quarter. Financials Telenor group has reported total India revenues of NOK 708 million (around Rs 6.59 billion) for the quarter ending March 31, 2013, registering a 12.6% decline from NOK 810 million (Rs 7.96 billion) in the previous quarter and a 29.8% decline from NOK 1.01 billion (Rs 9.4 billion)…

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