Subscriber Acquisition Cost definition
Subscriber Acquisition Cost means the expenses incurred by the Borrower to acquire new subscribers along with the cost of the hardware required for each subscriber and installation of the same from the First Utilisation Date. Such a cost would also include reimbursement for the expenses incurred by the Borrower to acquire new subscribers along with the cost of the hardware required for each subscriber and installation of the same for a period of three (3) months prior to the First Utilisation Date subject to a maximum of rupees two billion (2,000,000,000).
Examples of Subscriber Acquisition Cost in a sentence
For the period of four (4) consecutive fiscal quarters ended December 31, 1997, not permit the Average Subscriber Acquisition Cost to exceed $500; and for each period of four (4) consecutive fiscal quarters ended on March 31, June 30, and September 30, 1998, not permit the Average Subscriber Acquisition Cost to exceed $535.
For each period of two (2) consecutive fiscal quarters, not permit the Average Subscriber Acquisition Cost to exceed $400.