Telecom Lead India: Airtel, which has a customer base of 262.6 million across 20 countries, has lowered its Capex (capital expenditure) by 14 percent to INR 40,549 million in second quarter of 2012 from INR 47,287 million in same period last fiscal.
In the first half of the current fiscal, Airtel spent INR 76,306 million, down 16 percent from INR 90,770 million in H1 of 2011-12.
This is despite its 3G and 4G expansion plans in India and 2G and 3G network roll outs in Africa.
Airtel’s investment in India and South Asia region in H1 was INR 58,265 million, up significantly from last year’s INR 45,330 million.
However, Airtel Africa witnessed significant reduction in Capex in H1 at INR 18,042 million against INR 45,440 in first half of 2011-12.
During the quarter ended September 30, 2012, Airtel incurred a capital expenditure of Rs 17,345 million in Mobile Services (including investments towards launch of 4G services).
Airtel’s capital expenditure in Telemedia Services was Rs 1,492 million.
For Digital TV Services, the company spent Rs 1,630 million.
During the quarter ended September 30, 2012, Airtel’s Capex for Airtel business was Rs 458 million.
Moreover, Airtel incurred a capital expenditure of Rs 5,679 million in Tower Infrastructure Services.
Airtel has spent capital expenditure of Rs 11,592 million on its African operations.