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Telenor India reports a 9.49 per cent increase in revenue in quarter ended September 2016

October 26, 2016
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Telenor India has reported a 9.49 per cent increase in its revenue for quarter ended September 2016. The total revenues of the operator increased from NOK 1,411 million in quarter ended September 2015 to NOK 1,545 million in the corresponding quarter in 2016. This was despite an increase in the year-on-year net loss for the operator which increased from NOK 373 million in quarter ended September 2015 to NOK 4,043 million in the corresponding quarter in 2017.

Meanwhile, the operator witnessed an increase in its earnings before interest, taxes, depreciation and amortisation (EBITDA) from a negative of NOK 58 million in quarter ended September 2015 to NOK 132 million in the corresponding quarter in 2016. According to the operator, the EBITDA improved significantly as a result of the revenue growth and positive effects from the ongoing network modernisation programme.

The operator’s average revenue per user decreased from NOK 12 in quarter ended September 2015 to NOK 11 in the corresponding quarter in 2016. Moreover, the number of subscriptions of the operator decreased by 186,000 in quarter ended September 2016. However, the subscription base was 9 per cent higher than the corresponding quarter in 2016.

 
 
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