Sistema Shyam TeleServices (MTS India) has reported 18
percent increase in Q3 2011 consolidated revenues (q-o-q) to INR 3,282 million
Non-voice revenues from both data and mobile VAS for the
quarter up by 32 percent q-o-q to INR 1,052 million ($23 million), which
contributes 32 percent of total revenue and the contribution has increased by
3.4 percent for the quarter.
SSTL’s data card subscriber base for the quarter up by 30
percent to 1.07 million subscribers. SSTL added 0.25 million data card
subscribers during the quarter, highest additions in a quarter till date.
Quarterly revenues grew faster than wireless (voice and
data) subscriber base, which was up by 13 percent to 13.27 million.
The growth in subscriber base of the company was largely
driven by further strengthening of the distribution network, an increase in its
retail universe across India and increased contribution from newly launched
Mobile subscribers’ MoU for Q3 2011 declined to 291
minute vs. 294 minute in Q2 2011; the decline in MoU was mainly because of the
decreasing share of free on-net minutes and also due to seasonal dip in the
Blended mobile ARPU for the quarter increased to INR 85
vs. INR 82. The increase in ARPU is in contrast to a declining trend in the
Consolidated OIBDA loss for the quarter stands at INR
4,584 million ($100 million). OIBDA margins improved 7 percent Q-o-Q.
During Q3 2011, SSTL has launched, MTS MTAG 3.1 and MTS
Livewire, India’s most affordable Android powered smartphones in the Sub INR
With the launch of affordable smartphones, SSTL takes the
power and appeal of Android to the masses.
SSTL has once again demonstrated robust growth across
its key business metrics. The market response to our data centric: voice
enabled strategy continues to be extremely positive. In fact, Government’s
intent to increase broadband penetration in the country, as outlined in the
Draft National Telecom Policy 2011 also supports our business strategy.
However, we are awaiting further clarity on issues, such as additional spectrum
availability. In spite of all these challenges, we are committed to further
drive growth in data usage amongst the masses, with smartphones and tablets
playing a major role in this process,” said Vsevolod Rozanov, president and
chief executive officer of Sistema Shyam Teleservices.
By Telecomlead.com Team