Mobile phone carrier Reliance Communications' net debt rose to Rs 37,361 crore at the end of December from Rs 36,723 crore at end-September, a senior company executive told Reuters.
Reliance Communications' monthly average revenue per user rose 17 percent sequentially to Rs 119 in its fiscal third quarter ended December, while minutes of usage per user grew 15 percent sequentially to Rs 271, Gurdeep Singh, chief executive of the company's wireless business, said.
Earlier on Wednesday, Reliance Communications reported a bigger-than-expected drop in quarterly profit.
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