MTS announces its Q2 results, Growth in Data the reason for Revenue spike

Sistema Shyam TeleServices owned telecom operator MTS announced its unaudited Consolidated financial results for Quarter 2 of this year. The Consolidated Revenues depicted a Q-o-Q increase of 5% bringing the tally to INR 3,348 million. This growth in revenue is primarily due to increase in volume of Data consumption.

The ARPU (Average Revenue Per User) increased by 7.7% to INR 115 and even this increase is due to the Mobile data growth. The Non Voice revenue grew by 14% this quarter and the Companies subscribers’ base also took an uphill route and increased by 8.5% translating into 1.4milion Subscribers.

Dmitry Shukov, CEO of Sistema Shyam Teleservices said “During the quarter our consolidated revenues grew by 5% Q-o-Q, driven by growth in non-voice revenues. These results are a testament of the market acceptance of our world class 3G plus network. Going forward, we expect strong momentum to continue, especially in our data business.”

The table above shows that MTS had reported an OBIDA loss of INR1,365 million for Q2 2014 which translates into a reduction of loss by 38% if we consider the Y-o-Y(Year on Year) timeframe. This result helps us deduce that the main driving force in telecom industry will be the growth in the Mobile revenue sector.

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6 Comments on "MTS announces its Q2 results, Growth in Data the reason for Revenue spike"

 

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saket
August 27, 2014 8:00 am 8:00 AM
Mts is cheating customer. For me I brought new SIM with 1 lakh mb data. And via sms it says valid till 6 AUG. But when I checked on 6 August, data goes zero. Then I recharged with validity extension rcv351. And then customer care executive not handling my issue when I dial 955 or 155. 2 email sent were unanswered for given SLA. Then finally email came stating u shut have recharged on 5 August. MTS claim sms send was correct. “Data valid till 6 August means” It mean 00:00:01 of 6augest.. Also seven I enquired how mts would… Read more »
Tonpe Vijay
August 26, 2014 3:25 pm 3:25 PM

will MTS enter in maharashtra circle in next spectrum auction?

CF
August 30, 2014 12:06 pm 12:06 PM

No…. Govt has not permitted MTS in Maharashtra circle

Sudharsan
August 25, 2014 8:56 pm 8:56 PM

Very costly data tariffs.

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