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

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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15 Comments on "Fastest Break-even: Uninor Registers Positive in first circle, UP East"

 

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Ashish
February 25, 2013 9:27 pm 9:27 PM

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
December 3, 2012 11:08 pm 11:08 PM

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

Kaushik Roy
December 2, 2012 11:20 am 11:20 AM

Uninor making profit since they did not participated in 3G auction
all other big operators won 3G licence by paying a huge amount which even Government not estimated
If 3G auction did not happen i think mobile operators pictures in India will be different
Airtel/Idea/Vodafone now crying because they can not amend the mistake they made by participating in 3G auction

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