Top Story

e4m_logo.png

Home >> Marketing >> Article

Bharti Airtel's mobile data revenue records 68.2% YOY growth in India

30-July-2014
Font Size   16
Share
Bharti Airtel's mobile data revenue records 68.2% YOY growth in India

Bharti Airtel Limited announced its audited consolidated IFRS results for the first quarter ended June 30, 2014.

The consolidated revenues for Q1’15 at Rs 22,962 crore grew by 13.3% over the corresponding quarter last year. Consolidated Mobile data revenues at Rs 2,204 crore grew by 73.9% YOY, consistently contributing more than one-third of the incremental revenues.

India SA revenues registered a growth of 11.8% YOY across segments, led by 9.9% growth in Mobile India, 12.9% in Telemedia Services, 20.7% in Digital TV, 14.8% in ‘airtel business’ (B2B) and 11.7% in South Asia.

Mobile voice realisation in India improved to 38.08 p per minute (up 1.49 p YOY). Mobile Data revenue at Rs 1,559 crore registered a growth of 68.2% YOY in India, uplifted by increase in data customer base and higher usage per customer. Mobile data revenues contribute to 12.4% of Mobile India revenues vis-à-vis 8.2% in the corresponding quarter last year.

Africa revenues grew by 17.5% YOY in INR terms and 12.1% in constant currency terms. Data revenues stood at US$ 102 mn for the current quarter, contributing 8.8% of overall Africa revenues vis-à-vis 5.3% in the corresponding quarter last year. Data ARPU increased to US$ 1.50 from US$ 1.23 in same quarter last year, enabled by 36.7% increase in data usage per customer. Active Airtel Money customers have risen by 222.0% YOY to 4.3 mn.

Consolidated EBITDA at Rs 7,720 crore grew by 18.0% YOY, with margin expanding by 1.3% to 33.6%. The resultant consolidated EBIT of Rs 3,684 crore represents a YOY growth of 36.5%, with EBIT margin improving by 2.7%. Improved operational efficiency and lower forex & derivative losses resulted in consolidated Net Income growing by 60.9% YOY to Rs 1,108 crore.

The Company’s consolidated net debt has reduced to US$ 9,609 Mn resulting in the Net Debt to EBITDA ratio (LTM) improving to 2.04 times as compared to 2.20 times at the end of the previous quarter.

In a statement, Gopal Vittal, MD and CEO, India & South Asia, said, “Our revenue momentum in India has been sustained during Q1 with a growth of 11.8%. While the pace across all segments has been satisfying, Mobile data and DTH stood out with growths of 68.2% and 20.7% respectively. The industry awaits more 3G spectrum being made available even as we look forward to the implementation of policies relating to spectrum sharing and trading. These have become essential to deliver sustained broadband growth and high quality service.”
 

Murthy hinted on a launch of a digital product sometime soon as competition continues to heat up

Anil Uniyal, CEO, Bloomberg|Quint, on his business objectives, the reason behind pushing back the launch of the channel and more

Oracle India believes that marketing has entirely evolved because of the change in the buying process of customers

Dennis Oudejans, CEO, AdVoice, on the journey so far, targeted AdVoice networks and his vision for the company

Shruti Singh, a journalist with NDTV for over 20 years, defends the network even as former employees accuse it of axing stories

MRSS India has appointed market research professionals, Madhumita Chattopadhyay as Vice President, Praveen Mettelu as Research Director and R Kumar as Consultant

Dennis Oudejans, CEO, AdVoice, on the journey so far, targeted AdVoice networks and his vision for the company