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Telenor India’s active Internet connections increases to 11M in Q4

cmn_Telenor office

Telenor’s active Internet subscriber base stood at 26.3% of its connections for the quarter ended December 31, 2015 (Q4 2015), While the company hasn’t disclosed any specific number on Telenor’s active Internet base in the country, Telenor reports a total connection base of 42.6 million for the quarter. This translates to an Internet subscriber base of 11.07 million. The telecom operator had reported an Internet base of 8.99 million connections in the preceding quarter or 22% of its subscriber base.

Note that Telenor mentions that the active connection base in India’s operations are more conservative than the rest of the group due to the high churn in the market. Subscriptions in India are considered active if there was activity in the last 30 days, whereas for the rest of the group active mobile internet users are subscriptions with at least 150 KB of data during the last three months.

Financials

Telenor group has reported total India revenues of NOK 1.436 billion (around Rs 1,138.76 crore as per current rates) for the quarter, registering a 20.98% increase from NOK 1.187 billion in the same quarter last year. On a sequential basis, revenues were up marginally by 3 % from NOK 1.411 billion.

The company reported a positive EBITDA of NOK 41 million for the quarter. It had reported an EBITDA loss of NOK 58 million in the preceding quarter and loss of NOK 97 million in the same quarter last year.

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Highlights

– ARPU: The total ARPU (Average Revenue Per User) was at Rs 88 for the quarter, down from Rs 91 in the preceding quarter,  further down from Rs 101 in the same quarter last year.

–  Net Additions: Telenor witnessed 1.8 million net additions for the quarter, as compared to 1 million net additions in the preceding quarter.

– Total connection base: Telenor reported a total connection base of 42.6 million across six telecom circles Andhra Pradesh, Bihar, Gujarat, Maharashtra, UP East and UP West for the quarter. Note that Telenor had secured 6MHz spectrum in Assam in February 2014 2G auctions but is yet to start its operations in that region. In October last year, Telenor had mentioned that it plans to launch services in Assam in early 2015.

Other developments

Earlier this month,Telenor acquired 95% stake in marketing technology firm Tapad for $360 million on a debt and cash-free 100% basis. With this acquisition, Telenor will enter the advertising technology vertical and gain expertise in digital marketing and analytics.

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