Vodafone to launch 4G services in select circles this year
Vodafone, India’s second-largest mobile phone service provider will be launching 4G services in select circles in the later half of the year as the trials already underway
New Delhi: Vodafone, India’s second-largest mobile phone service provider will be launching 4G services in select circles in the later half of the year as the trials already underway.
"We are open to increase any tariffs as long as the market can take them and it makes business sense," Sunil Sood, managing director and CEO, Vodafone India Ltd said.
Vodafone India reported a 12.6 percent jump in its total revenue at Rs 42,526 crore for the fiscal ended March 31, driven by strong customer additions and growth in data revenues.
The company had reported a total revenue of Rs 37,777 crore in the last financial year. Vodafone continues to be net profit positive for second consecutive year, though it refused to share the amount.
The revenue from the services rose by same 12.6 percent to Rs 42,352 crore for the reported fiscal as compared to Rs 37,606 crore last year.
Data now contributes 15 percent of service revenues whereas Vodafone Business Services contribute 13 percent of service revenues. Last year, data contributed 10 percent of service revenues.
Vodafone has a customer base of around 184 million, with nearly 97.9 million in rural areas and 19.4 million 3G customers. The average revenue per user (ARPU) for Q4 FY15 stood at Rs 200. Data ARPU stood at Rs 141 in Q4 FY15 versus Rs 120 in Q4 FY14.