Telecom industry saw lowest growth last fiscal since 2010: Idea Cellular MD Himanshu Kapania

Idea Cellular’s managing director Himanshu Kapania said that the country’s telecom sector saw a growth of 6.5% in last fiscal year, which is lowest since 2010. Kapania, who is also the outgoing chairman of GSM lobby body COAI, said that the industry added 79 million active subscribers despite seeing a decline in revenue from voice calls.

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“If I go back to 2010, the industry has consistently been delivering double digit growth of about 10 per cent. After years of constant revenue growth of double digit, it has come to the level of 6.5 per cent,” Kapania was quoted as saying by PTI.

The industry has been investing in expansion of network and at the same time cut down data tariff by 20% and voice call rates by 10%. The reduction in interconnection charges from 20 paise per minute to 14 paise per minute, decline in roaming rates and reduction in SMS rates has led to steep decline of an estimated 8-10%, Kapania said.

Kapania is being replaced by Bharti Airtel MD and CEO for India and South Asia Gopal Vittal as the chairman of COAI, which has also named Vodafone MD and CEO Sunil Sood as the Vice-Chairman.

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9 Comments on "Telecom industry saw lowest growth last fiscal since 2010: Idea Cellular MD Himanshu Kapania"

 

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Mahmood Junaid
June 1, 2016 2:37 am 2:37 AM

OFF-TOPIC:
Airtel has come up with few international roaming packs for prepaid customers…
Rs- 4549 gives 3gb of data, 100 mins of incoming calls and 399 mins calls to India/
Rs- 5149 gives 3gb of data, unlimited incoming calls and 399 mins calls to India
Rs- 5699 gives 3gb of data, unlimited incoming calls and 399 mins calls to India
.
I cant understand the difference between last two packs… All packs are valid for 30 days…
.
@TharunGeorge or @Imon make an article on this news… Details of the pack are on the airtel website…

Colorado
June 1, 2016 9:33 am 9:33 AM

Much cheaper to get a local SIM from the airport. And unlike India, activations are instant. Basically you will have to spend more energy activating IR on airtel than activating a foreign SIM.

Colorado
May 31, 2016 8:20 pm 8:20 PM

COAI guys having sleepless nights these days? Growth can’t continue indefinitely especially when you will keep on increasing all tariffs.

Idea88
June 1, 2016 1:09 am 1:09 AM

Ise acha coai ko twitter pe tweet karo , kya pata shyad vo uth jaye???:))B):B

bosss
May 31, 2016 7:06 pm 7:06 PM

omg data rate cut by 20% where in which circle ????? i think idea cellular has cut 20% in papers or in dreams

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