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Vodafone India Reports 6.2% Growth in Its Service Revenue in H1 2015

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Vodafone India, country’s second largest cellular service provider reported a growth of 6.2% in service revenue which stood INR 218 billion. The company added 4.4 million new customers in the period, taking the total to 188.2 million, data usage went up by 74% y-o-y, and active data customer base increasing by about 16% to reach 66.5 million. The 3G customers grew by about 75% y-o-y to reach 23.8 million.

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Vodafone has been installing its own 3G towers in many circles in the country, so far the company has installed 22,000 news 3G cell sites, taking total to nearly 40,000 and increases 3G coverage to 94% of urban population. Vodafone India is also planning to launch 4G in five key circles in the coming months. The company has begun preparations for potential IPO of Vodafone India.

 

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