Sistema Shyam TeleServices Limited (SSTL) has posted its financial results for the fourth quarter.
The company?s revenues increased 77.3 per cent year-on-year in the fourth quarter and 128.8 per cent in 2011. This resulted in a 78 per cent increase in SSTL?s mobile subscriber base, which reached 15 million.
The OIBDA loss year-on-year increased owing to licence write-offs and the company?s focus on expanding operations across all circles in the country. Blended mobile ARPU for the fourth quarter and in 2011 was $1.85 and $ 1.78, respectively.
The operator?s data card subscriber base more than doubled in 2011 and witnessed a 23.5 per cent growth in the fourth quarter, amounting to 1.3 million.
Non-voice revenues from data and value-added services for the fourth quarter increased to $ 25 million. The share of non-voice revenues as a percentage of total revenues increased to 33 per cent in the fourth quarter.
