Click here to Download 1.46 MB - Reliance Communications
Click here to Download 1.46 MB - Reliance Communications
Click here to Download 1.46 MB - Reliance Communications
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Indian Telecom Sec<strong>to</strong>r<br />
Among highest EBITDA margins globally…<br />
70%<br />
EBITDA Margins<br />
60%<br />
50%<br />
40%<br />
30%<br />
28.3% 30.3% 33.2% 35.1% 38.5% 40.1% 41.4% 41.7% 42.2%<br />
51.3% 51.8% 54.0%<br />
20%<br />
10%<br />
0%<br />
British Telecom<br />
Deutsche<br />
Verizon<br />
AT&T<br />
Vodafone<br />
KPN<br />
Bharti<br />
Telstra<br />
<strong>Reliance</strong><br />
China Telecom<br />
Singtel<br />
China Mobile<br />
…despite the lowest tariffs<br />
15 of 51 confidential
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