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Videocon Telecom posts revenue of Rs. 1049 Cr in FY 2013-14
TT Correspondent |  |  04 Apr 2014

Videocon Telecom registering highest growth in subscriber net addition has reported 1000 Cr as Top line Revenue in FY 2013-14. The Telco now targets to achieve revenue of Rs. 2500 Crore in FY 2014-15.

Since making a comeback into the telecom market early last year, the telco has strongly grown in terms of subscribers, revenue, brand visibility and positioning in the industry. This makes it one amongst the top telecom brands across its operational circles.

“We are pleased to share that our Top line Revenue in the FY 2013-14 has been 1049Cr. Since our comeback in the Telecom domain early last year, we have taken a whole lot of initiatives to sustain and grow in this over competitive market and today Videocon Telecom is synonymous with best-in-industry products & services which has attracted a huge consumer base to the brand”, said Arvind Bali, Director and CEO of Videocon Telecom.

“The first year of our comeback has given us a good head start and we not intend to grow our top-line to Rs. 2500 crores in the coming financial year”, Arvind Bali added.

The turnover of 1000 Cr. in this financial year includes revenue earnings from its 4 operational GSM mobility business circles, NLD/ILD operations and its Wire line business in Punjab.

                                     

Videocon has crystallised its Strategic intent and Go to Market plans for the FY 2014-15 and aspires to grow its top line from Rs. 1049 Cr. in FY13-14 to Rs.2500 Cr.

    
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04 Apr 2014(IST)  
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