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RCom revenues, EBITDA decline in December quarter

RCom revenues, EBITDA decline in December quarter

Indian operator Reliance Communications (RCom) reported revenue for its fiscal third quarter to 31 December 2015 of INR 52.98 billion, down from INR 54.69 billion a year earlier. EBITDA also declined to INR 18 billion from INR 18.50 billion. Net profit fell to INR 1.7 billion from INR 2 billion in December 2014.

RCom’s customer base in India decreased to 102.1 million at 31 December 2015, from 111.6 million in September 2015 and 107.5 million in December 2014. Churn increased to 6.7 percent compared to 3.6 percent in the fiscal second quarter and 4.9 percent in the three months to December 2014. Voice traffic and revenue per minute were higher on a sequential basis, leading to voice ARPU of INR 103 versus INR 100 in September 2015.

The number of data customers increased to 38.8 million at 31 December 2015, of which 23.1 million on 3G, compared to 19.1 million at the end of September 2015. Data traffic increased in the period, and average use per customer rose to 905 MB from 834 a year ago. RCom expanded its 3G coverage to 524 towns at end-2015, from 334 towns in September 2015 and December 2014. Total sites on its network amounted to 11,995, versus 11,659 sites in December 2014.  

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