Aditya Birla group’s Idea Cellular grew its revenue market share by 1.6% in Q4FY15

NEW DELHI: Aditya Birla group’s Idea Cellular grew its revenue market share (RMS) by 1.6 per cent growth in Q4FY15 and 1.3 per cent in FY15, the company said, citing telecom regulator data.

Idea maintained its track record of being the fastest growing operator by RMS growth in the world’s fastest growing market, the company said in a statement.

The telco further consolidated its position as one of the top 3 operators in India by growing at double the rate of industry growth in terms of gross revenue.

In Q4FY15, Idea witnessed a growth of 21 per cent whereas the industry average revenue grew at 10.5 per cent on year while it showed gross revenue growth of close to 20 per cent in FY15, as against 10.8 per cent the total industry revenue growth – the highest amongst all pan-India operators.

“Our commitment to grow both voice and data businesses, by investing in network infrastructure and spectrum acquisition, customer experience management, and brand building, has helped us further consolidate our position in a hyper-competitive market,” Himanshu Kapania, Managing Director, Idea Cellular said in ythe statement.

Idea Cellular is India’s third-largest telecom operator and serves more than 160 million subscribers.