India’s mobile subscriber base at 873.61 million users in September

The total telecom subscriber base of the country stood at 906.9 million at the end of September, taking the overall teledensity to 75.48 (telecom connections per 100 people), a TRAI statement said on Monday

New Delhi: Indian telecom service providers added 7.9 million new subscribers in September, taking the total number of wireless users in the country to 873.61 million, reports PTI quoting the Telecom Regulatory Authority of India (TRAI).

The total telecom subscriber base of the country stood at 906.9 million at the end of September, taking the overall teledensity to 75.48 (telecom connections per 100 people), a TRAI statement said on Monday.

The number of wireline subscribers fell to 33.3 million in September from 34.07 million in August, it added.

There was marginal increase in India’s broadband subscriber base to 12.84 million in September from 12.69 million in the previous month.

About 25.70 lakh subscribers submitted request for MNP (mobile number portability) in September. Since the introduction of MNP in November last year, about 206.29 lakh subscribers across the country had submitted requests, till September, for changing their service providers while retaining their mobile numbers under MNP.

In MNP Zone-I (Northern and Western India), maximum number of requests have been received in Gujarat (20.09 lakh), followed by Maharashtra (16.93 lakh).

In MNP Zone-II (Southern and Eastern India), maximum number of requests have been received in Andhra Pradesh (16.47 lakh) followed by Karnataka Service area (16.16 lakh).

The number of active mobile subscribers during September, according to visitor location register (VLR) data, was 617.76 million.

VLR numbers provide details on active customers at any given point of time, excluding ‘switched-off’ and ‘out-of- coverage area’ customers.

Meanwhile, growth in the wireless category was led by Idea Cellular which added 1.73 million users, taking its subscriber base to 100.18 million at the end of September.

Bharti Airtel added 0.93 million subscribers in the reported month, taking its user base to 172.78 million.

Reliance Communications added 1.02 million new users to take its total customer base to over 147.08 million.

Vodafone added 0.84 million new customers during the month, taking its user base to 144.99 million, while Aircel added over 0.60 million users during the period.

State-owned Bharat Sanchar Nigam (BSNL) added 0.38 million new users, taking its total subscriber base to 95.79 million. The other state-run telecom company Mahanagar Telephone Nigam (MTNL) saw 28,360 new users registering for its service in the reported month.

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Oil production likely to touch 38 million tonnes this fiscal

“The incremental oil production in recent years is largely from the Barmer fields in Rajasthan, and in case of gas, it is from Krishna Godavari basin,” oil minister S Jaipal Reddy said at the World Petroleum Congress in Doha

New Delhi: Helped by Cairn India’s prolific Rajasthan oilfields, India’s crude oil production is likely to touch 38 million tonnes (MT) this fiscal, reports PTI quoting oil minister S Jaipal Reddy.

Speaking at the World Petroleum Congress in Doha on Monday, he said natural gas output is expected to cross 50 billion cubic meters in 2011-12 fiscal.

“The incremental oil production in recent years is largely from the Barmer fields in Rajasthan, and in case of gas, it is from Krishna Godavari basin,” according to a copy of his speech released by the oil ministry here.

The balance recoverable reserves from the known oil and gas reservoirs are about 2,041 MT, he said.

“Our refinery sector has seen phenomenal growth in recent years. The installed capacity which was at 62 MT in 1998, has increased to 193 MT in 2011. This will be further increased to 232 MT by 2012,” he said.

The excess refinery capacity has made India an exporter of petroleum products. The nation exported 59 MT of fuel valued at $43 billion last fiscal.

“Our refineries have invested $7 billion in the last four years in processes to produce greener fuels with lower emissions,” he said.

India’s coal reserves, fourth largest in the world, are prognosticated to hold about 92 trillion cubic feet (TCF) of coal bed methane (CBM).

“Exploration and production of CBM has commenced in India. Among other unconventional sources of gas, we are exploring possibilities in shale gas and gas hydrates,” he added.

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Euro crisis to adversely impact export growth: CARE

“Though India is primarily a domestic economy, India’s exports are positively linked to the global economic growth. This is likely to adversely impact India’s export growth in the coming months,” CARE said in its report—‘Impact of Euro crisis and global slowdown on India’

New Delhi: Credit rating agency CARE on Monday said India’s exports growth is likely to be hit in the coming months due to Eurozone crisis, reports PTI. 

“Though India is primarily a domestic economy, India’s exports are positively linked to the global economic growth.

This is likely to adversely impact India’s export growth in the coming months,” CARE said in a report titled ‘Impact of Euro crisis and global slowdown on India’.

However, it said the growth will be only marginally affected by the slowdown in the euro region debt-stricken countries as our exposure is low.

“Average elasticity between India’s exports and the advanced nations or the euro region’s gross domestic product (GDP) is 0.18,” it said.

It is observed that in 2010-11, India’s exports to the European region and US moderated. However, the country’s exports to the Asian and the African region, which have a greater share in India’s exports, grew during this period, it said.

The report also said that the foreign direct investment (FDI) has not been significantly affected by the crisis while the foreign institutional investors (FIIs) are showing outflow in the last couple of months.

It, however, noted that the software services and other export oriented sectors would benefit from the rupee depreciation.

India’s earnings from the software sector have been increasing steadily over the years at 27.7%. In 2008-09, the world economic growth slowed to -0.7% but software services continued to increase, albeit at a slower rate, it said.

In the first 8 months of 2011, the rupee had been stable in the range of Rs44-45 per dollar. A depreciating trend became stark since August 2011.

The rupee has depreciated by 18% against the dollar and by around 9% against the euro since August 2011.

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