HOME > BUSINESS > Thanks to TRAI, Uninor breaks even for the first time

Thanks to TRAI, Uninor breaks even for the first time

uninor-telenor

Uninor, the Indian brand of Telenor, has managed to break even at an operating level for the first time in India, thanks to the recent cut in termination charges by telecom regulator TRAI.

TRAI had, about five months ago, cut termination charges (paid by one operator to another) by a massive 30% — helping low-cost operators like Uninor and Tata DoCoMo and hurting high-cost operators like Vodafone and Bharti Airtel.
uninor1
Low cost operators account for more call originations, while high-cost operators account for more call terminations.

“As a result of increased revenues and improved gross margin following the mobile termination rate cut, the Indian operation delivered a positive EBITDA for the full quarter,” Telenor said.

As expected, Uninor’s revenue in India declined to 1,362 mln Norwegian Crowns (krone) from 1383 mln in the previous three months. Still, it moved to a 24 mln positive EBITDA (profit before accounting tax, depreciation, capital expenditure and so on) from a negative 54 mln EBITDA in the previous three months.

In the year ago period, its EBITDA was negative 106 mln krone.

Uninor continued to see a fall in the total amount of money that an average customer spent, touching 95 rupees per month during the quarter, from 108 a year ago.

The Indian market is seeing a rapid shift towards data and away from voice. However, Uninor does not have 3G or 4G spectrum.

Follow ULTRA.news
Aadhaar deadline to be extended to March 31 tomorrow The Government of India has assured the Supreme Court that it will issue a notification to extend the deadline to link essential services, except mobile connections, to Aadhaar to March 31 from December 31.The assurance was given by the Attorney General in the Supreme Court ...
Boosted by Jio’s success, Mukesh Ambani unveils his future plans Mukesh Ambani, India's richest man, said telecom was the first of his big bet, and he will now use his resources to solve problems in three other difficult areas -- agriculture, education and healthcare.Speaking at the HT Leadership Summit, Ambani said his primary motivation...
TRAI Net Neutrality recommendations are a win for Open Internet advocates India's telecom regulator TRAI has issued its recommendations on Net Neutrality in India.The recommendations are largely along expected lines, and prevent telecom companies from slowing down the Internet to ease the traffic of their video apps, messengers and other 'over-the...
Zain to use Wifi spectrum to speed up 4G LTE Nokia will help Saudi telecom operator Zain to use unlicensed spectrum in the 5 GHz band -- often used for Wifi -- to increase download speeds of 4G LTE."Following the trial, the Nokia technology will be deployed in hotspots, for example, in malls and cafes in Jeddah and aro...
Wipro wins 5-year IT outsourcing deal from Telenor’s Bangladesh unit IT solutions provider Wipro said it won a five-year IT infrastructure and applications managed-services contract from Grameenphone, the Bangladesh telecom operator owned by Norway's Telenor. Under the agreement, Wipro will manage the entire IT infrastructure of the largest mo...
TRAI to hear the public on net neutrality in open house this month The Telecom Regulatory Authority of India has started registrations for an open house discussion on its upcoming recommendations on net neutrality.The open house discussion will be held on Wednesday, August 30 at 9:30 AM in New Delhi. The venue has not been finalized yet, and...
RCom says telcos facing cash flow issues due to ‘go slow’ approach by banks Telecom operator Reliance Communications said companies in the sector are facing cash flow issues due to what it called a 'go slow' approach taken by banks in disbursing loans.In an update on its 'standstill agreement' with its lenders, which provides it a window of seven mon...
Bharti Airtel gets SEBI and stock exchange nod for Telenor acquisition Bharti Airtel said it received the approval of the Securities and Exchange Board of India, BSE and National Stock Exchange of India for its proposed merger with Telenor India. Bharti Airtel further stated that Telenor India and Airtel have today filed the joint company appli...
Bharti Airtel buys Telenor India In a surprise announcement, Bharti Airtel said it was taking over Telenor India, marking the first such transaction since Idea took over Spice Telecom several years ago.Typically, companies in Indian telecom sector sell only assets, such as spectrum, and never the whole unit,...
Reliance Jio carries 80% of traffic on next-gen Internet technology IPv6 roll-out on Jio. source:APNICReliance Jio, the new entrant to India's telecom landscape, is carrying nearly 80% of its traffic in the next-generation Internet technology, a senior official of the company said.Internet Protocol or IP is one of the languages used by machi...
Reliance Jio says Vodafone’s increase in PoI inadequate Reliance Jio Infocomm said the number of new interconnection points being put in place by Vodafone at its network junctions is "substantially less than the requirement".Jio was responding to the announcement yesterday that India's No.3 telecom company will increase interconne...
Reliance Jio: 15-minute SIM activation now available in most cities Ten days after Mukesh Ambani, chairman of Reliance Jio, promised to roll out a superfast activation procedure for new SIMs within "2-4 weeks", the facility is now available in several small towns, suggesting that the company may be running ahead of schedule on its e-KYC roll-out....
BSNL offers unlimited calls and data for Rs 1199/month; costs just Rs 1.84/GB With the launch of Mukesh Ambani's Reliance Jio threatening to push BSNL into irretrievable losses, the state-owned telecom company has introduced a new landline plan with true unlimited internet and voice calls for Rs 1,199 across India.The internet speed will be 2 Mbps down...
Telenor India launches 4G services in Guntur and Rajahmundry Telenor India today launched 4G services for its customers of Guntur and Rajahmundry area in Andhra Pradesh.The launch in Guntur and Rajahmundry follows test pilot of Telenor’s 4G services across its circles in Varanasi, Vizag, Amravati, Agra, Anand, Lucknow, Ranchi, Vijayawa...
FREE SIMS for EVERYONE: How Reliance Jio totally sandbagged Bharti Airtel, Idea Cellular via its pre... Today, Reliance Digital stores across the country are seeing long queues of customers waiting to get free SIMs with three months of unlimited data and voice calls."We are taking about half an hour to complete the process for each person," said an employee at a Digital sto...
Telenor says ‘no’ to upcoming spectrum auction in India Telenor, the Norway-based telecom operator, said it has decided against participating in the upcoming telecom auctions in India as the reserve prices are too high compared to the possible return on investment."We have, after thorough consideration, decided not to participate ...
How Ravishankar Prasad can resolve the 700 MHz spectrum auction pricing problem India is getting ready for a digital revolution by auctioning 700 MHz spectrum that has the potential to take high-speed Internet to every village in the country. However, telecom operators -- who have to play the role of the enablers -- are not popping open the bubbly quite yet....
TCS launches VoLTE solution for telecom companies Tata Consultancy Services launched a solution to enable Voice over LTE services for virtualized networks.Virtualilized networks refer to software-defined networks that lives on top of a large number actual or hardware networks. Many telecom operators are moving to virtualized...
TRAI rejects plea by Airtel, Idea and Jio to postpone 700 Mhz spectrum sale The Telecom Regulatory Authority of India has rejected the request by three of India's biggest 4G operators -- Bharti Airtel, Reliance Jio and Idea Cellular -- to not sell any more 4G spectrum, especially in the strategic 700 MHz band.The move is likely to lead to a fast roll...
RCom will continue to hold spectrum edge over Reliance Jio after 800 MHz sale RCom 800 MHz presenceAnil Ambani-owned Reliance Communications Ltd will continue to hold a spectrum edge over Mukesh Ambani's Reliance Jio in the 800 MHz band even after it sells chunks of 4G spectrum to the latter, according to sources.The Anil Ambani group said yesterd...