More bundled plans will be launched by idea in 2018:-Idea said the industry will move towards more bundled offers of unlimited voice and Internet 2018 onwards. Large scale investments will be needed to manage large voice and internet volumes as 1.4 billion SIMs consolidate with only 4-5 operators, said the Kumar Mangalam Birla owned company in an investor presentation.
The company said that there is a large untapped opportunity in rural section with the subscriber penetrating only at 57% compared to overall 91%. There is also opportunity in the data space with broadband data subscriber penetration at 22 % in India and blended monthly data usage/data subscriber is just 3 GB.
The operator said that in FY16 and FY17 a capex of Rs 15700 crore had helped it to expand its network sites. It said that a similar level of network sites will help to support 15-20 times the data volume of previous financial year, indicating that the peak Ccapex phase is over
Also read:- Reliance jio's Average internet speed increased from 3.9 Mbps to 5.8 Mbps
The telco sees a strong monetisation potential from its captive towers and Idea’s 11.15% in Indus Towers. The operator is in the middle of its merger process with Vodafone India and said it has received conditional approval from SEBI, unconditional nod of Competition Commission of India (CCI), has filed an application for the same in National Company Law Tribunal (NCLT) and will conduct a shareholders and creditors meet on October 11th 2017
You may also like:- Bsnl will launch new feature phone at Rs 2000 soon by this year
More bundled plans will be launched soon by idea in 2018 |
The company said that there is a large untapped opportunity in rural section with the subscriber penetrating only at 57% compared to overall 91%. There is also opportunity in the data space with broadband data subscriber penetration at 22 % in India and blended monthly data usage/data subscriber is just 3 GB.
The operator said that in FY16 and FY17 a capex of Rs 15700 crore had helped it to expand its network sites. It said that a similar level of network sites will help to support 15-20 times the data volume of previous financial year, indicating that the peak Ccapex phase is over
Also read:- Reliance jio's Average internet speed increased from 3.9 Mbps to 5.8 Mbps
The telco sees a strong monetisation potential from its captive towers and Idea’s 11.15% in Indus Towers. The operator is in the middle of its merger process with Vodafone India and said it has received conditional approval from SEBI, unconditional nod of Competition Commission of India (CCI), has filed an application for the same in National Company Law Tribunal (NCLT) and will conduct a shareholders and creditors meet on October 11th 2017
You may also like:- Bsnl will launch new feature phone at Rs 2000 soon by this year
More bundled plans will be launched soon by idea in 2018
Reviewed by Shan Paul
on
September 22, 2017
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