Vodafone India seems to be gearing up to offer a nationwide coverage of 3G internet services. Having earned well from its subscribers who use Data services, the company is contemplating collaborative techniques to offer seamless connectivity via much faster standards than prevalent EDGE & patchy 3G services.
Vodafone’s Operating Profit (adjusted) rose to Rs. 1,854 Crores (US$ 335 Million) in FY13, much higher than Rs. 503 Crores (US$ 91 Million) in the previous financial year. For the 1st Quarter of 2013 which just ended on March 31st, Vodafone earned Rs. 9,276 Crores (US$ 1675 Million) as revenue, which is 7.2% higher than the same quarter the previous fiscal. In all, Vodafone India’s Net Profit for the year ended March 2013 rose substantially by almost 40% to Rs. 1,010.93 Crores (US$ 182.6 Million) from Rs. 723 Crores (US$ 130.6 Million) last fiscal.
Vodafone’s India arm seems to be doing well for itself. In fact, by recent figures it has now taken the lead away from Bharti Airtel. Though the Mittal Company still holds the pole position for the highest revenue, Vodafone, along with other players like Idea have been climbing steadily. Interestingly, majority of its upswing can now be attributed to the rising usage of Mobile Internet. Hence the company is now looking seriously at exploring multiple options to ensure a pan-India 3G experience for its subscribers.
Vodafone has confirmed 3G airwaves in 11 circles and was offering nationwide high-end data services through roaming pacts with Bharti Airtel and Idea Cellular. But on numerous occasions, these companies have come under the legal scanner for offering higher speed services, where it had not won spectrum through auction. Hence it has now been restrained from adding new data customers in circles where it does not own 3G bandwidth.
Vodafone may now be contemplating buying airwaves on this platform, from other mobile phone companies like Airtel & Tata, who seem to be struggling. While other companies are finding it difficult to sustain operations under the burden of Auctions & poor revenue, companies like Vodafone have clearly illuminated the path to Telecom’s progress. Will other Telecom Players now follow suit & offer better internet connectivity?
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