Bharti Airtel, one of the leading telecom operators with 501 million customers, announced its Capex, revenue and Opex during the July-September quarter of 2022.
Airtel reported capital expenditure of Rs 70,469 million for the quarter ending September 30, 2022.
Airtel had ~501 million customers, an increase of 4.8 percent as compared to ~478 million in the same quarter last year.
Total minutes of usage on the network during the quarter were 1,180 billion, representing a growth of 5.1 percent as compared to 1,123 billion in the same quarter last year.
Mobile data traffic grew 20.9 percent to 13,232 PBs during the quarter as compared to 10,946 PBs in the same quarter last year.
Airtel reported revenues of Rs 345,268 million, up by 21.9 percent vs Rs 283,264 million in the same quarter last year.
Opex (excluding access costs, costs of goods sold and license fees) stood at Rs 111,883 million, increased by 6.4 percent QoQ and up 19 percent as compared to corresponding quarter last year.
Airtel India revenues rose 22.3 percent to Rs 243,333 million as the company’s customer base rose 1.3 percent to 327.8 million from 323.5 million.
Airtel India said voice traffic on the network grew 4.2 percent to 1,063 billion minutes during the quarter as compared to 1,020 billion minutes.
Airtel India’s 4G data customer increased by 5 million QoQ and 17.8 million YoY to 210.3 million. 4G data traffic growth was 19.6 percent.
Total data traffic on the network increased to 13,485 billion MBs from 11,271 billion MBs.
Average mobile data usage per customer increased by 8.9 percent to 20.3 GB/month as compared to 18.6 GB/month in the corresponding quarter last year.
Airtel India’s Capex was Rs 39,107 million focusing on enhancing coverage. Airtel India added 8,000 new telecom towers across the country. Airtel India did not reveal its Capex for building its 5G network which is available in select cities.
Airtel India had 253,998 network towers as compared to 222,812 network towers in the corresponding quarter last year. Airtel India had 787,498 mobile broadband base stations as compared to 717,534 mobile broadband base stations at the end of the corresponding quarter last year and 766,673 at the end of the previous quarter.
Airtel India’s home service business incurred capital expenditure of Rs 5,886 million.
Airtel India had homes business operations in 1,060 cities (including LCOs). The company accelerated LCO partnerships in non-wired cities, taking up the LCO partnership model live in 974 cities.
Airtel India’s homes business achieved revenue growth of 38.9 percent to Rs 9,898 million.
Airtel India’s homes business has 5.21 million customers with customer additions of ~ 417,000 during the quarter.
Airtel Africa’s capital expenditure was $169 million.