Telecom Mess: SSTL Registers Net Loss 1,180 Crore, Revenue Up by 50%

Follow Us

MTS India ARPU Sistema Shyam TeleServices Ltd has posted a net loss of Rs 1,180 crore in its second quarter ended June 30, impacted mainly by depreciation of the rupee against the dollar.

The company, which provides CDMA services under the MTS brand, had posted a net loss of Rs 657 crore in the same period a year ago.




SSTL’s revenues grew 50 per cent to Rs 417 crore during the quarter, compared with Rs 278 crore in second quarter last year. 

The company’s non-voice revenues rose by 3.9 per cent quarter on quarter to Rs 148.4 crore, contributing 35 per cent to the total revenues of the company.

The company’s average revenue per user (ARPU) declined by 2.3 per cent Rs 83. SSTL’s average minutes of usage per customer has also gone down to 281 minutes.

“Our data card subscriber base continues to grow in double digits despite recent tariff reduction by 3G operators,” Rozanov added. SSTL was among those whose licenses were cancelled by the Supreme Court in February. The company, whose licenses are valid till January 18, 2013. “There is zero visibility of roadmap going forward post the auctions. In some circles like Andhra Pradesh, there is no spectrum available. Even for liberalised spectrum, 5 MHz continous spectrum is required,” SSTL CEO Vsevolod Rozanov said.

Recent Comments

Sujata :

In my nearest enodeB, Jio switches off b40 daily at around 1 am, restores around 6 am. b3 and b5…

Reliance Jio Launches 5G in 27 Cities in Holi 2023

Faraz :

If they already reached 482 million, I wonder in how many months it will reach 500 million customers. Their ARPU…

Reliance Jio Posts Rs 5583 Crore Net Profit in Q4…

Faraz :

Vi just showing their greedy face more than ARPUtel these days. With minimum spectrum and network, they want to take…

Vodafone Idea Needs Tariff Hikes: Analysts

PARAG SHAH :

it would be harakari for vodafone to increase tariff, as it will only benifit 5g players

Vodafone Idea Needs Tariff Hikes: Analysts

Faraz :

That is good enough speed as per 4G standard, and you get cheaper plan. You could dial *#0011# and show…

BSNL 4G Services to be Rolled Out Soon in Indore:…

Load More
Subscribe
Notify of
18 Comments
newest
oldest most voted
Inline Feedbacks
View all comments