Sector Update: Telecom

Sector Update: Telecom
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First Published: Fri, Mar 27 2009. 10 28 AM IST

Updated: Fri, Mar 27 2009. 10 28 AM IST
Wireless subscribers clocked a 3.8% m-o-m growth, adding 13.83 million users in February’09, to touch 376.12 million (mobile teledensity 32.4%).
While most players managed to maintain their respective market shares, the leader, Bharti Airtel lost 20 bps (market share 24.2%, share in net adds 19.8%) while Reliance Communications gained the same (market share 18.5%, share in net adds 24.2%).
’B’ and ’C’ circles continued to dominate, with a 52.5% share in net adds, while interestingly, AP, Maharashtra and Tamil Nadu (all ’A’ circles) led additions in February’09 with share in net adds at 10.3%, 9.4% and 8.8% respectively.
For FY09 (ytd) total wireless subscriber additions stood at 115.05 million, with monthly net additions averaging 10.46 million. We believe this trend is unlikely to sustain in times to come.
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First Published: Fri, Mar 27 2009. 10 28 AM IST
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