Airtel Q3 India revenue up 11.6% on an underlying basis

Bharti Airtel, the country’s largest telco, has reported 11.6% jump in its Indian revenue at Rs 17,694 crore in the third quarter 2016 on an underlying basis, adjusted for the impact in reduction of termination rates, and driven by growth of 10.1% in mobile, 19.1% in airtel business (B2B) and 19.1% in Digital TV on an yearly basis. The company’s net profit however dropped to Rs1,117 crore from Rs1,436 crore a year ago.

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“Airtel’s revenue grew by 11.6% in Q3 on an underlying basis. Our smaller businesses continue to perform strongly and grew by 15.1% on Y-o-Y basis in aggregate. We have launched “Project Leap”, a network transformation programme, to deliver a truly differentiated customer experience and reinforce our commitment to build a future ready network,” Gopal Vittal, MD and CEO, India & South Asia, said in a statement.

Mobile data revenues at Rs 3,184 crore registered a growth of 50.6% year-on-year in India, led by increase in the data customer base by 29.9% and traffic by 73.3%.

Vittal added that the company’s focus on acquiring quality customers has resulted in healthy net additions of 8.1 million in mobile. “Our strong roll-out of 3G/4G sites has resulted in acceleration of data usage growth to 73.3% along with data ARPU reaching Rs 200,” he added.

The company’s data ARPU has moved up by Rs 30 on year-on-year to Rs 200 in the third quarter, led by 35.5% increase in data usage per customer. Mobile data revenues now contribute to 23.1% of Mobile India revenues vis-à-vis 16.2% in the corresponding quarter last year, the company said.

The company’s consolidated revenues reached at Rs 24,066 crore, up 5.9% year-on-year on an underlying basis, adjusted for India termination rates reduction and Africa tower asset divestment. Consolidated mobile data revenues crossed Rs 4,000 crore and at Rs 4,135 crore are up 44.0% year-on-year. The company’s overall customer base crosses 350 million and stands at 350.9 million across 20 countries, up 12.1% year-on year.

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14 Comments on "Airtel Q3 India revenue up 11.6% on an underlying basis"

 

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Amygdala
January 29, 2016 6:28 pm 6:28 PM

Airtel is getting ready to whop Jio’s ass badly!!

Mahmood Junaid
January 28, 2016 9:16 pm 9:16 PM

TRAI subscription figure for november 2015 is published. India now has 115.11 million wireless and 16.38 million wireline broadband subscribers. BSNL has lost 1,64,443 landline subscribers in november which shows that night unlimited calls is not rescuing BSNL from loosing subscribers.

Muhawid
January 29, 2016 6:38 am 6:38 AM

I think night unlimited 2 mbps plan may rescue bsnl.

Mahmood Junaid
January 28, 2016 6:45 pm 6:45 PM

Airtel added 15000+ 3g towers in last quarter taking the total to 77000+… Airtel is on a fire… Airtel is merging its operation in bangladesh with axiata group…

Kiran Fernandes
January 28, 2016 8:07 pm 8:07 PM

well, this proves that Airtel is trying its best not to lose against Jio. They are going to suffer eventually.

Mahmood Junaid
January 28, 2016 9:16 pm 9:16 PM

Who is gonna suffer??? Airtel or jio???

Kiran Fernandes
January 29, 2016 10:39 am 10:39 AM

airtel obviously. Jio has pan india network whereas airtel has in just some areas, and Jio has towers in even remote areas. So yeah Airtel will suffer.

Mahmood Junaid
January 29, 2016 1:55 pm 1:55 PM

I don’t think so by seeing the rapid expansion of airtel. Every common indian will not start using 4g from tomorrow. There is a gap of atleast 1 year by the time airtel too will have covered all potential areas… The ones who are gonna really suffer is smaller telcos without sufficient data spectrum..

nikitha
January 29, 2016 4:46 pm 4:46 PM

Nw i am using lenova K3 but also i am nt interested to move to R jio .. i will stay in my present network idea .. .

guru
January 28, 2016 9:57 pm 9:57 PM

reliance will not be the primary network for all, airtel and vodafone are big players,
reliance will be for data only

Prasath J
January 29, 2016 10:40 am 10:40 AM

Exactly ji.. I am having non-VoLTE 4G DualSIM phone.. I will not go for costly yet low quality LYF VoLTE handsets.. I will use Jio for data using “4G only” mode (so NO incoming / outgoing calls) and change my Airtel plan to cheaper ones…

Rohit
January 29, 2016 10:42 pm 10:42 PM

Jio is developing a VoIP app using that you can make cheap calls
Incoming calls are also can be ruoted to that app
Also no data connection is required for other person

Abishek
January 29, 2016 6:39 am 6:39 AM

They don’t care if u keep it as primary r secondary Sim… Data charges r always more than call charges these days and rjio will get good ARPU cuz of that…

Mahmood Junaid
January 28, 2016 11:43 pm 11:43 PM

+1. Exactly. I don’t think everyone will move to jio. Airtel and vodafone will remain as the market leaders. Airtel’s project leap will give an extra boost to compete against the likes of jio.

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