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Earnings Analysis: 
Idea Cellular Net Profit Doubles
Author: 123jump.com Staff
123jump.com
Last Update: 6:49 AM EST February 18 2008


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The Indian GSM mobile services operator reported 9.8% higher revenues during the third quarter at 17.1 billion rupees compared with 1.5 billion rupees a year ago, as the company’s user base expanded. Idea Cellular added 2.38 million customers to end the quarter with 21.05 million customers. For the quarter, adjusted EBITDA advanced 11% from the year-ago period.

 

 

 
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