Uninor has posted its results for the quarter ended March 31, 2013.
April 29, 2013
The company registered an operating loss of Norwegian Krone (NOK) 194 million, compared to NOK 4,684 million in the same period last year.
Revenues of the company declined by 29.83 per cent to NOK 708 million compared to NOK 1,009 million in the same period last year.
Meanwhile, the company's operational circles added 1.4 million subscriptions during the quarter. In a statement, it said that closure of its operations in Mumbai, West Bengal and Kolkata impacted its total subscription base by 4.6 million in first quarter.
Also, Uninor's average revenue per user stood at Rs 94, compared to Rs 90 last quarter.
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