Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks

As expected, Idea Cellular has revealed its numbers for the Quarter ended on March 31, 2018. In the report, Idea Cellular stated that its subscriber base had reached 207.7 million as of March 31, 2018, and the average data per user has seen a meteoric growth to 7GB in Q4 FY18, compared to 1.4GB a year back. The company also revealed that voice usage per subscriber has risen sharply to 577 minutes in Q4 FY18 from 412 minutes in Q4 FY17. Overall, the broadband data volume of 1,984 billion MB has been reported by the telco, which is an increase by nearly six times (FY18 vs FY17). The company’s wireless broadband subscriber (EoP) base now stands at 39.8 million out of total 46.8 million mobile data users. Similarly, Idea witnessed a strong return of subscriber addition with 12.2 million ‘Net customer adds’ on VLR in H2 FY18. Idea’ subscriber market share has been increased to 20.9% in February 2018 as compared to February 2017.

The third largest Indian telecom operator also noted that the financial performance also remained under pressure in FY18. The company states that the dual negative factors of a steep reduction in domestic and international MTC settlement rate and unrelenting rate pressure on voice and mobile data services as high ARPU consumers migrated to lower-priced ‘unlimited voice bundled data plans,’ which resulted in a 20.5% decline in gross revenue in FY18 to Rs 28278.9 crore (vs FY17 revenue of Rs 35575.7 crore).