7 Mar 2016

Videocon Telecom Continues with its Best-in-Industry Growth Rate in Net Subscriber Addition in Punjab, Secures No.1 Position in Jan’2016



Videocon Telecom, the versatile, friendly and dynamic telecom brand of the Indian conglomerate Videocon Group registered best in industry growth rate in Net subscriber addition in Punjab in Jan 2016, retaining No. 1 position in the circle. The Telco added 50,489 new subscribers during the month.

The Telco which registered the highest Net subscriber addition consecutively in last 2 years i.e. 2014 and 2015 in Punjab telecom circle, continued with its best in industry growth rate in January 2016 as well.

During 2014 (Jan’14 to Dec’14), the industry mobility subscriber base grew by 6.2% over previous year with 18.94 Lac net additions, taking up the total subscriber base to 3.22 Cr, while Videocon Telecom registered a growth of 28% over previous year with 5.55 Lac net subscriber additions, hence the Telco’s share of Industry’s net subscriber additions stood at 29%. Likewise during 2015(Jan’15 to Dec’15), while the industry subscriber base remained flat, Videocon Telecom, with 5.35 lac net subscriber additions registered a growth of 21% over previous year, thus achieving the net subscriber additions of 37%. The Telco’s combined share of industry’s incremental net subscriber addition of 33% for year 2014 and 2015 denotes that every 3rd customer added in Punjab telecom circle was of Videocon Telecom As of January 2016, Videocon Telecom’s customer market share in circle is 9.5%.

Talking about the continued successes in the Indian Telecom Sector, Mr. Arvind Bali, Director and CEO, Videocon Telecom said “We are happy with growth that we are registering in our Customer base and Revenue. Being a new entrant in the industry, our vision was to attain incremental Customer and Revenue market leadership in our operational circles, and as we speak, we are very much getting there. This continuous growth in our net subscriber addition and traction from MNP customers is a testament to the fact that today’s consumers are putting their trust into our brand.”

Our immediate focus is to attain fair Customer and Revenue market shares in our operational circles, and we are not far from there now.”, Mr Bali added.

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