Telecom services revenue up 21% to Rs1.3 trillion

Telecom services revenue up 21% to Rs1.3 trillion
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First Published: Tue, Jul 01 2008. 05 26 PM IST
Updated: Tue, Jul 01 2008. 05 26 PM IST
PTI
New Delhi: With one out of four Indians owning a phone, revenue of the country’s telecom services industry has swelled to Rs1,30,561 crore in 2007-08, up 21% over the the previous fiscal.
India added 100 million new subscribers in this period.
The revenue of telecom services, including that of cellular, fixed line, national long distance, international long distance, broadband, radio trunking and VSAT services, has risen to Rs1,30,561 crore, registering a growth of 21.3%, a survey by Voice&Data revealed.
Among the services, cellular segment contributed a major chunk of around 59% to the total revenue. The segment’s topline rose to Rs76,608 crore in 2007-08, compared to Rs56,183 crore last fiscal, a growth of about 36%.
BSNL topped the survey list in terms of revenue with Rs35,296 crore total income. However, it registered a negative growth of 12%. Its revenue for last fiscal was Rs40,135 crore.
Bharti with Rs26,436 crore, was placed second while Reliance Communications was third, reporting total income of Rs 18,638 crore, the survey read.
Fixed line business was the second biggest revenue earner for the industry, contributing more than 20%. However, its total income dipped 11.6% in 2007-08 to Rs26,692 crore, compared to Rs30,190 the previous fiscal, it said.
Broadband business showed a huge growth of 162.7% in terms of revenue. It reached to Rs5,359 crore in 2007-08, against Rs2,040 crore the previous fiscal.
The growth in the number of broadband subscribers, however, was not appealing as the country added only 1.4 million new users in this period. The total subscriber base was up 56 per cent to 3.9 million, the survey added.
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First Published: Tue, Jul 01 2008. 05 26 PM IST