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See new circles as hedge against competition: Idea Cellular

Typically, quarter three is a seasonal strong quarter for the rural subscribers and as it is known, Idea Cellular has a stronger percentage of its subscribers with rural base.

January 27, 2012 / 17:00 IST
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Typically, quarter three is a seasonal strong quarter for the rural subscribers and Idea Cellular has a stronger percentage of its subscribers with rural base, informs Himanshu Kapania, MD of the company, in an exclusive interview with CNBC-TV18.

Below is the edited transcript. Also watch the accompanying video

Q: The biggest positive this quarter was the 7% growth in the minutes that you saw aided by subscriber addition. Do you think on both these parameters you can maintain this run rate or was this just an aberration because it is seasonally such a strong quarter for telecom?
A: As it is known over the various years, that Idea Cellular has a stronger percentage of its subscribers with rural base. Typically quarter three is a seasonal strong quarter for the rural subscribers. They come back and we have seen it in the past and this year is no different with a growth, both in terms of minutes of usage as well as strong growth of 7.5 million in terms of visitor location register (VLR). We believe this trend of voice minutes growth and VLR will continue for lot more time. While there is far larger numbers which is reported, but overall as per TRAI report, the VLR subscribers in India is about 625 million as of November 2011. We believe another 300-350 million customers are going to join fresh into the mobility category. Q: That
first published: Jan 27, 2012 10:54 am

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