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GSM Operators: Subscriber additions continue to be low

Jaypee | 23 Apr, 2012  | Follow Author | Add to my Favourites 
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Subscriber additions continue to be low


The GSM operators continued to see low subscriber additions and added 6.87 million subscribers for the month of March’2012. In the last 3 months, GSM subscriber additions fallen significantly adding only 24.45 million subscribers.


Bharti & Vodafone do well


In March most operators showed subdued subscriber additions. Bharti, Idea and Vodafone performed better than the other operators. Bharti added 2.50 million subscribers it’s highest since April 2011. Idea continued to do well and added 2.01 million subscribers. Vodafone added 1.03 million subscribers, crossing the million mark after 6 months Uninor additions were lower at 1.29 million subscribers after regularly adding more than 2 million for the last 3 months.


Analysis of March’12 GSM Subscriber numbers:


At the end of Mar’12, the total GSM subscriber base (excluding RCOM) stood at 664.08 million; with 6.87 million GSM subscribers being added for the month of March which is 25% lower than the addition of 9.14 million subscribers seen in the previous month.


Performance of various operators for the month of March:


- Bharti subscriber additions improved: Bharti Airtel added 2.50 million subscribers in March’2012. This is much higher than the additions seen in the recent months. The company’s subscriber base stood at 181.28 million at the end of Mar’2012.


- Vodafone subscriber additions improved: Vodafone added 1.03 million subscribers in March’2012 as compared to 0.84 million added in Feb’2012. Vodafone’s subscriber base stood at 150.47 million at the end of Mar’2012.


- Idea does well: Idea together with Spice added 2.01 million subscribers for the month of March. The additions were lower than the previous month and much above the incumbent peers except Bharti. Idea garnered a market share of 29.32% of net additions during

the month.


- Uninor additions lower: Uninor added 1.29 million subscribers for the month of Mar’2012 as compared to 2.34 million in the previous month. Uninor garnered 18.80% market share of net additions during the month.


Outlook:


The last 11 months have seen a sharp decline in subscriber additions. The reduction in subscriber additions has happened across the board. This month Bharti has seen some revival in additions and Idea has been doing well on a regular basis. Jaypee believe that the subscriber addition numbers being recorded now are close to the actual addition in users whereas few months back, the addition number used to be an inflated figure with a significant contribution from dual‐sim users. Going ahead, Jaypee expect the operators to continue recording low subscriber growth and expect the subscriber addition to stabilize at these levels.


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About Jaypee

Jaypee Capital Services Ltd is a well diversified financial services group having businesses in stocks and currency. Their services include equities, derivatives, e-broking, portfolio management, currency, IPOs and depository services. Jaypee, founded in 1995, was formed with one basic principle in mind to create a professional workforce of youngsters to provide fair and transparent prices and services to the clients and investing public at large.

 

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.




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