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

By August 25th, 2014 AT 5:51 PM

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.

Mahit Huilgol is a Mechanical Engineering graduate and is a Technology and Automobile aficionado. He ditched the Corporate boardroom wars in the favor for technology battle ground. He is also a foodie by heart and loves both the edible chips and non-edible silicon chips.

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CFsaketTonpe VijaySudharsanChaitanya Das Recent comment authors
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saket
saket

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
Tonpe Vijay

will MTS enter in maharashtra circle in next spectrum auction?

CF
CF

No…. Govt has not permitted MTS in Maharashtra circle

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