Uninor reaches break even in Andhra circle
Quotes

Uninor reaches break even in Andhra circle

Last Updated: Wednesday, July 03, 2013, 17:49
 
 Comment 1
 
Uninor reaches break even in Andhra circle
Hyderabad: Mobile telecom service provider Uninor on Tuesday said it has achieved break even in its Andhra Pradesh operations.

Andhra Pradesh has become the third circle after Gujarat and Eastern UP to achieve this, said Uninor CEO Yogesh Malik.

"Profitability must not come at the cost of expensive tariffs for customers. Andhra Pradesh has now become our third circle to reach the break even goal, proving the success of our ultra low-cost model that allows us to offer the cheapest tariffs to our subscribers," Malik told reporters here, but did not disclose revenues and expenses of the circle.

Uninor had earlier announced the setting up of 15 Mee Stores ?a unique concept of shop-in-shops within traditional retail outlets for faster activations. The company has now already set up 41 such stores which will be expanded further, he added.

Additionally, 1,500 new retail points will be added to Uninor's current retail presence of 55,000. On the network too, Uninor has already deployed 40 of the 100 new network sites announced a month ago and has today announced a further increase to 140 new sites, Malik said.

PTI



First Published: Wednesday, July 03, 2013, 17:49


Comments


comments powered by Disqus
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires
Top 10 billionaire cities- In Pics
Top 10 billionaire cities- In Pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved