Idea best performer in RMS, indicates Trai data

Country's third largest mobile operator Idea Cellular has registered a 1.3% increase in its revenue market share (RMS) in FY14, according to Telecom Regulatory Authority (TRAI).

In Q4FY14, it recorded an increase of 0.5% in RMS to 16.6% which makes it the best performing operator in India.

The telecom firm posted 18.6% growth in Y-o-Y revenue in FY14, while the industry grew by 9.3%. On a quarterly basis, the industry grew at 2.5% in revenue, while Idea’s rose by 5.7%.

TRAI revealed that country’s first largest operator Bharti Airtel has a 30.5% market share followed by Vodafone with a 23.4% share. The three operators have a total market share of 70.4% in Q4FY14.

Driven by data growth and a rise in voice minutes, Idea’s net profit rose 91.4% to Rs 589.8 crore during the quarter ended March 31, 2014.