Telecom operator MTS India (Sistema Shyam TeleServices) today said its Capex (capital spending) was $5.52 million during the second quarter of 2014.
Debt of the telecom service provider from banks and financial institutions at the end of 30th June 2014 stands at INR 36.14 billion.
MTS said its revenues increased 15 percent year-on-year and 5 percent q-o-q to $55.9 million, mainly on account of data revenue growth.
Blended mobile ARPU for the quarter increased 7.7 percent to $1.92 on account of increase in data usage.
Non-voice revenues grew 14 percent during the quarter.
MTS data card subscriber base increased 8.5 percent to 1.4 million subscribers.
Non-voice revenues are contributing 38.6 percent of revenues. Non-voice revenues — from both data and mobile VAS — increased 14 percent to INR 1,291 million.
Minutes of usage increased 0.5 percent to 416.
SSTL’s HSD services now cover over 650 towns across 9 circles.
Dmitry Shukov, chief executive officer of Sistema Shyam Teleservices, said: “During the quarter our consolidated revenues grew by 5 percent Q-o-Q, driven by growth in non-voice revenues. These results are a testament of the market acceptance of our 3G plus network.”
Mobile subscriber base increased 1.4 percent quarter-on-quarter to 9.2 million customers.
SSTL’s mobile subscribers’ MoU for Q2 2014 improved to 416 min vs. 414 min in Q1 2014.
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