Reliance Communications on Friday said it would use CDMA spectrum mainly
for providing wireless Internet services to increase revenues and
migrate its predominantly voice customers to GSM technology platform.
intent is to reduce dependence of pure play CDMA voice customers. The
customers who don't use data, we will be migrating them to GSM spectrum
and will free up spectrum for more and more data usage," RCom Chief
Executive Officer for Wireless Business, Gurdeep Singh told PTI.
said the company has formed its strategy defined around spectrum and is
looking to convert CDMA spectrum for high speed wireless Internet
"GSM and data (Internet services) put together are
driving our growth. GSM and data revenue now contribute 64 per cent to
our wireless revenue, up from 57 per cent a year ago.
We want to populate that network (CDMA) with dongles and CDMA smartphones," he said.
He added that RCom has tied-up with Lenovo for CDMA smartphones and is in discussions with more vendors to launch CDMA handsets.
said its non-voice services contributed around 21 percent to its total
revenue. It had 29.4 million mobile Internet users during the
Singh said the company is seeing growth
opportunity in this area as "other CDMA players reduce their footprint
or have given up spectrum. We believe we have a strong opportunity to
drive dominant position in a large screen format broadband access which
is through dongles route and populate more phones of CDMA on to
RCom today reported 8.73 percent dip in net profit at
Rs. 303 crore for the fourth quarter ended March 31, 2013 from Rs 332
crore in the same quarter last financial year.
Total income of the
company, however, rose 2.39 percent to Rs. 5,130 crore during the
January-March quarter as compared to Rs. 5,010 crore in the same period
On yearly basis, the net profit declined 27.58 percent
to Rs 672 crore for FY'13 as compared to Rs. 928 crore last year. The
total income rose 4.49 percent to Rs. 20,561 crore from Rs. 19,677 crore
The net debt of the company increased to Rs. 38,864
crore during the reported quarter from Rs. 37,360 crore as on December
RCom said it is "notional increase due to foreign exchange variations".
RCom scrip closed at Rs. 110.30, up 0.55 percent, on the BSE.