Our telecom operator earnings coverage is brought to you by OnMobile Global, India’s leading Mobile Value Added Services [VAS] company There is very little information about India on Vodafone‘s earnings conference call for the quarter in which the telco registered 45.7 million total data connections and 5.2 million 3G connections in India. It had reported data revenues of £111 million and total revenues of £937 million for India. Here are some notes from Vodafone's earnings conference call: - India continues to be Vodafone's second largest business in terms of data traffic. Data browsing revenues now represent 10% of Vodafone India’s service revenues, which the company had mentioned in its earnings results last month. - Vodafone has rolled out our 3G sites more rapidly during the quarter and India’s 3G traffic now accounts for 16% of the total AMAP (Africa, Middle East and Asia Pacific), which is up 5 points year-on-year. In its earnings results, Vodafone India had mentioned that it had added around 2,200 3G sites during this quarter and has a total 33,000 3G sites. Overall, it has 136,000 2G & 3G sites for the quarter. - It continues to witness less price discounting, which has helped to increase Vodafone India's ARPU by 9.6%. The company's pricing was up 1.5% quarter-over-quarter. - On M&A Opportunities: Responding to a question on whether the telco is witnessing more M&A opportunities in Europe or emerging markets, Vodafone CEO Vittorio Colao says M&A opportunities depends on several things like existing circumstances and what’s available in the market. For instance, markets like India clearly needs to have consolidation while in…
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