Airtel India revenue up 10% thanks to mobile data biz

airtelTelecom network operator Bharti Airtel today said its mobile data revenues reached Rs 4,536 crore, while data volumes grew 61.6 percent in Q2 FY 2017.

Bharti Airtel has a customer base of 363.1 million (+8.5 percent) across 18 countries.

Total revenue of Airtel – India, South Asia and Africa — was Rs 24,652 crore (+3.4 percent) in the second quarter of fiscal 2017.

Airtel India revenues rose 10.1 percent to Rs 19,219 crore, while Airtel Africa increased 4.7 percent.

Mobile data traffic reached 222 billion MBs (+61.6 percent) in the quarter.

Consolidated Mobile Data revenues were Rs 4,536 crore (+21 percent).

Consolidated EBITDA was Rs 9,466 crore (+14.5 percent).

Net Income for the quarter fell to Rs 1,461 crore from Rs 1,536 crore.

Consolidated revenue was Rs 24,652 crore (+3.4 percent).

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The largest telecom operator said India revenues of Rs 19,219 crore was led by growth of 20.9 percent in Digital TV, 19.2 percent in Airtel Business, 14.9 percent in Homes and 7.9 percent in mobile.

Mobile Data revenues of Bharti Airtel at Rs 3,576 crore grew by 23.6 percent, led by increase in the data customer base by 22.8 percent and traffic by 54.9 percent.

Mobile Broadband customers increased by 62.2 percent to 41.3 million from 25.5 million. Data ARPU has moved up by Rs 8 to Rs 201 in Q2 2017, led by 30.6 percent increase in usage per customer. Mobile Data revenues now contribute to 24.7 percent of Mobile India revenues against 21.5 percent in the corresponding quarter last year.

Gopal Vittal, MD and CEO, India & South Asia, said: “Our strong focus on enhancing customer experience and building a robust network has resulted in continued acceleration of revenue market share. Overall Revenue momentum in India has been sustained during Q2 with a growth of 10.1 percent.”

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