Vodafone India Q1 revenue up 10% at Rs 10,323 cr

Tags: News
Telecom operator Vodafone today reported increase of about 10 per cent in its services revenue at Rs 10,323 crore in first quarter ended June 30, 2014-15.

"India Service revenue increased 10.3 per cent, driven by continued customer growth, strong data usage and improved voice pricing," the UK-based Vodafone said in its financial report.

The company had registered revenue of about Rs 9,375 crore in the April-June period of the last fiscal, 2013-14.

Vodafone India revenue in terms of GBP, however, declined by about 6 per cent due to about 17 per cent dip in value of the rupee against British pound.

During the first quarter, the company's mobile customers increased by 3.3 million taking its total customer base to 169.9 million.

Vodafone India saw increase in Internet services by 102 per cent during the quarter, primarily driven by mobile Internet customer growth and 46 per cent increase in usage per customer.

As of June 30, active Internet customers of Vodafone India stood at 57 million, including 10 million 3G customers and 29 million smartphone users representing 17 per cent penetration of the customer base, the report said.

Vodafone has plans to increase 3G coverage in the country to 95 per cent at its targeted urban centres from 89 per cent coverage at present over period of next 2 years.

"In India, where we aim to have 95% 3G outdoor coverage in targeted urban areas over the next two years, we have taken 3G coverage on this footprint to 89%, with a further 2,305 sites added," the report said.

EDITORIAL OF THE DAY

  • No ifs and buts, please, in India’s engagement with Iran

    Some foreign policy purveyors in this country have for long insisted that India does not leverage its civilisational connections as it should or is ca

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Taslima Nasreen

Hate in the time of bhaijaan

A few days ago I went to watch Bajrangi Bhaijaan, ...

Purnendu Ghosh

Death reveals the true colours of life

Death is instantaneous but it comes progressively. Some say, death ...

Gautam Gupta

Our fashion schools need to notch it up

"Creativity is the key to success and primary education is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture