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RCOM Q1-FY14 Concall: GSM + Data Is 67% Of Wireless Revenue; Increasing 3G Adoption

(By Apurva Chaudhary & Vikas SN) Telecom operator Reliance Communications (RCOM) had reported a total 31.1 million data customers for the quarter ending June 30, 2013 (Q1-FY14), up 5.8% quarter-on-quarter (QoQ), of which 7.7 million are 3G customers, which saw 7% growth QoQ. Here are some notes from the investor conference call: - Current status of Indian telecom sector: Gurdeep Singh said that the Indian telecom sector is witnessing consolidation as many operators have either exited the business or reduced their footprints. The company expects the sector to have only 4-5 pan India telcos in the coming years. The competitive intensity is also apparently lowering and there are indications that pricing power is coming back to operators, evident from recent tariff hikes and reduction of free and promotional minutes by operators. - GSM and Data revenue is up by 6.3% quarter on quarter and now contributes to 67%…

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