Subscriber losses hit RCOM top line

25 Jan 2016

Reliance Communications (RCOM) has booked turnover of INR52.98 billion (USD783.88 million) for the three months ended 31 December 2015, down 3.1% year-on-year, as the cellco’s growing 3G user base failed to offset the impact of its overall subscriber losses. EBITDA and net profit were also down from a year earlier, falling by 2.6% and 15.1% to INR18.03 billion and INR1.71 billion respectively. RCOM claimed a total of 102.1 million customers, down from 111.6 million at end-September and 107.5 million in December 2014. ARPU remained flat y-o-y at INR142, although voice ARPU dipped from INR107 to INR103 over the same period. The operator’s total data customer base, meanwhile, increased from 31.4 million in December 2014 to 38.8 million twelve months later, of which 23.1 million were 3G users (16.7 million a year earlier).

India, Reliance Communications (RCOM)