2016-17 was an eventful year for OnMobile. We consolidated our leadership position inMobile Entertainmentand launched ONMO ourdirectto consumer brand. The year ended withrevenue of Rs 7202 million EBITDA of Rs 1001 million and a cash position of Rs 3061million. The subscriber base for RingbackTones now stands at 73 million.
As 2017-18 unfolds we are well positioned as a global leader in Mobile Entertainmentand Sound. With half of our revenue coming from Mobile Entertainment & Lifestyle andthe other half from RBT and Sound we believe the company has a well-balanced portfoliowith a clear focus and strategy in each sector.
Offering compelling services to mobile operators since 2000 our sales effort remainscarrier driven with 86 mobile operators across 55 countries. Over the next three years weshould expect new sales related to Mobile Entertainment and traditional RBT to grow bydouble digits. Additionally the launch of ONMO suite of products in the USA and Indiawill make an immense revenue contribution. To deliver on that growth and address thespecific needs of each market Ignacio Martin Velasco was named President&COOEuropeand Americasand Sanjay Bhambri was named President & COO India Asia MiddleEast and Africa. Despite the two regions global objectives are clear across the companyto ensure that our 1037 employees work together as one group.
Lastly I want to reiterate that I am very optimistic about our short and long termplans. Although in the last year there were many local challenges in the industry Istrongly believe in the global Mobile Entertainment market. We are at the center of itwell equipped and poised forgrowth.
Executive Chairman & Chief Executive Officer