On the performance of the cellular industry as a whole this year, Mr Mittal said that the sector currently has about eight million subscribers and expects to close the year with about thirteen to fourteen million subscribers. The average revenue per user currently stands at about $16.
The cellular sector currently has 70 per cent of its subscribers in the pre paid category and 30 per cent in the post paid category. Mr Mittal felt that with the more stringent registration norms that have come into force for the pre paid category, the sector is likely to see a flow of these customers back into the post paid category.
On other investment plans for the company, Mr Mittal indicated that an investment of about Rs 150 crore is planned in the companys IT infrastrucrure this year.