Fastest Break-even: Uninor Registers Positive in first circle, UP East

By November 30th, 2012 AT 2:10 AM

Telenor got a good news as Uninor has announced that the company has achieved break-even in Uttar Pradesh East, first in India and fastest break-even by any mobile operator in any circle in India.

Uninor has estimated to break-even in calendar year 2013, and this milestone is achieved ahead of the estimated time period.

Now Uninor’s operations in UP East are on positive note – revenues are higher than operating costs (EBITDA break-even). In UP East Uninor has 7.2 million customers.

In a company press release Uninor said that in UP East Uninor incurs a cost of 18 paisa per minute, lowest in the circle. And spectrum usage is 40% more efficient than any operators.

Telenor is very positive about Indian operations, as the company founded a new Indian subsidiary called Telewings Communications with Lakshdeep Investments and secured 5 MHz spectrum in 6 circles – UP East, UP West, Bihar, Andhra Pradesh, Gujarat and Maharashtra.

These circles count for more than 50% of India’s population and mobile penetration is as low as 40%. Telenor is expecting break-even in remaining circles in coming months.

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AshishprakashKaushik Roysapattu ramanKnuckles Recent comment authors
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Ashish
Ashish

i use Reliance 3G in Bihar the exprience be come very bad most of time net is not connect and many times net functoning very swoly.

prakash
prakash

Bengal ko swpna dekhakar ja raha hai…………… chi-tar UNINOR

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