Telecom operator Reliance Communications has grown the number of 3G subscribers to overtake Airtel’s 3G customer base, according to the latest quarterly reports published by the company.
As on June 2013, Reliance Communications has a total subscribers base of 125.7 million of which only 31.1 million are data subscribers and out of theses 7.7 million are on a 3G connection. Airtel, India’s largest telecom operator by number of subscribers reported having 6.8 million 3G users in the same quarter.
RCom’s data traffic is also up 14% Q-O-Q, and is currently at 31,050 Million MB, and data usage per subscriber stands at 342 MB.
Recently the company had slashed 3G data rates by 50% in order to retain and improve on its mobile data subscriber base. Other operators like Airtel, Vodafone and Idea have slashed 2G data rates in order to try and improve their mobile data subscriber base.
Currently RCom is the only telecom operator in the country to offer both GSM and CDMA services and is also the largest Public Calling Office (PCO) operator in the private sector.
The company reported a 64% drop in its net profits, on a sequential basis on Thursday. The company posted a net profit of Rs 108 crore compared to Rs 162 crore posted during the same quarter in the previous year, taking down its year on year net profit by 33%.
Hat Tip: @sanjaybafna