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 Thursday, September 10, 2009

Hutch Lanka, the Sri Lankan mobile operator, has reported a subscriber base of 722,000 at March’09-end, down from 887,000 in the previous quarter and 1.289 million a year earlier.
The drop has been due to the adverse economic conditions and tough competition among operators in the country, parent company Hutchison Telecom said. 

The annual decline was also due to measures taken last year to tighten customer registration, required by local regulation. ARPU dropped 9.8% in Q1 to LKR 148, mainly due to tariff reductions required to preserve competitiveness in the market in response to competitors’ actions. MOU increased to 77 from 74 in the previous quarter and from 60 in Q1 2008.

Source: Wireless Federation