Vodafone India Service Revenue Dropped 0.5% at Rs 42,956 Crore, ARPU at Rs 158

Vodafone India, the country’s second-largest telecom operator’s service revenue dropped 0.5% to Rs 42,956 crore in the fiscal year 2017. It said that it maintained service revenues despite aggressive launch by Reliance Jio in September last year.

The telco’s overall revenue declined 0.6% to Rs 43,095 crore in the fiscal year. The telco’s net debt for the fiscal year is Rs 602 billion. Vodafone India’s data browsing revenue went up 5% to reach Rs 8,467 crores.

vodafone-india

Vodafone’s EBITDA declined 10.2% to Rs 11,784 crore from Rs 13,115 crore in the last fiscal year. The telco’s subscriber base increased 5.6% year-on-year at 209.1 million. Its overall data user base declined 1% at 66.9 million in the fiscal, while 3G and 4G user base surged 35.9% at 37.7 million, the company said in a statement.

“Amidst an unprecedented and intensely competitive environment, we delivered a stable performance while recording a strong gain of 0.7ppt in RMS YTD Dec 16; increasing our customer base past the 200 million subscriber mark; and expanding our Vodafone SuperNet 4G presence to 2,400 towns by utilizing the spectrum bought during the year,” Sunil Sood, Managing Director and CEO, Vodafone India said in a statement.

The company said that it sustained and prioritised capital investments of Rs 8,311 crores in FY17, driven by significant investments in new broadband site roll-out to deliver superior customer experience and growth in key focus areas.

“We continue to delight and reward customers with innovative and meaningful value propositions including SuperHour, exciting 4G offers, richer content under Vodafone Play and added benefits for Vodafone RED customers,” he said, adding that the company remains committed to playing its r role in enabling Digital India by fulfilling the evolving needs of increasing volumes, speed and innovative solutions for both retail and enterprise customers.

The telco has 141,000 total sites with 106,300 being 3G and 4G sites. It said to have a substantial rural presence with a customer base of 114 million as of March 2017. Vodafone had revenue market share (RMS) of 22.7% at the end of third quarter 2017, up 0.7 percentage points from the fourth quarter of the fiscal year 2016.

The telco’s service revenue ARPU stood at Rs 158 in the fourth quarter FY17. It said that Vodafone Business Services now contributing to over 17% of service revenues ( FY17).

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Sanjit Roy, Thakurnagar, wbKaushikLove AirtelSoumik|WBKunal Recent comment authors
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Kunal
Kunal

Tata, rcom & aircel at present are being wiped Off from the market…. Almost 70% of their user base will migrate to Jio & balance will go to avoid. The user base of avoid will start declining from a year’s time from now with idea being the most volatile among avoid. Avoid has been able to add customers & some what offset it’s revenue decline due to these weak players. Avoid will add user base for a year from now , but overall revenues will decline by 5 to 10% in the current year. Idea will suffer losses for all… Read more »

Kaushik
Kaushik

RCOM Aircel merged Co is around for at least 3 more years. Tata is going to sell out soon. Rest all we’ll see.

Amit
Amit

Well that’s a good news. I’m happy with Vodafone in Karnataka circle after being with idea for years. Their customer service is the best, Store staff are very professional & well mannered. Call quality especially on their 3G network is very crisp.

I don’t know about Vodafone’s 3G/4G coverage in Karnataka, Anyone using pls share your views

Shan
Shan

Coverage in terms of 2G /3G /4G ! It’s patchy! Vodafone network in KA is worst. Most of the times not reachable.

Love Airtel
Love Airtel

Why don’t you try it yourself?

Sanjit Roy, Thakurnagar, wb
Sanjit Roy, Thakurnagar, wb

You try just two things one is just ask your self proclaimed quality operator to fix issues which we are facing for the past couple of years and the 2nd one is if you don’t have such influence then stop barking.

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