Idea Q3 Capex reach Rs 1,020 crore for 5,630 2G cell sites, 1,873 3G cell sites

Idea Cellular has rolled out 5,630 2G cell sites and 1,873 3G cell sites in the third quarter of FY 2014 with a Capex (capital spending) of Rs 1,020 crore.

During the third quarter, the total number of 2G sites has reached 101,600 and 3G sites 19,904, Idea Cellular said.

The Aditya Birla group promoted Idea Cellular, which is looking at acquiring 2G spectrum during February spectrum auction, said the Capex guidance for FY 2014 stands at Rs 35 billion, excluding any spectrum related payout.

Idea Cellular Capex Q3

Idea Cellular said its third quarter revenue rose 18.6 percent to Rs 6,613 crore from the year-ago quarter. Its net profit grew 105 percent to Rs 467 crore.

In the third quarter, Idea Cellular’s mobility business contributed Rs 6536 crore (Rs 5476 crore) revenue, ILD Rs 103 crore (Rs 113 crore) and tower business Rs 618 crore (Rs 646 crore).

editor@telecomlead.com