Uninor posts its financial results for the quarter ended December 31, 2013

For the quarter ended December 31, 2013, Uninor has lowered its operating loss and reported an increase in average revenue per user (ARPU).

For the quarter ended December 31, 2013, Uninor?s operating loss stood at Rs 1.32 billion in comparison to Rs 4.44 billion in the corresponding quarter in 2012. For the full quarter, the company has reduced earnings before interest, taxes, depreciation, and amortisation (EBITDA) of Rs 0.55 billion, excluding the special bonus payout.

Further, Uninor has reported an increase in ARPU for the fifth quarter in a row. The operator?s ARPU for the quarter under review grew by 17 per cent and stood at Rs 106.