Mobile internet pushes Airtel Q3 revenue up 13%, profit up 115%

Bharti Airtel on Wednesday said its third quarterly revenue rose 13.3 percent to Rs 21,939 crore. Net profit grew 115.1 percent to Rs 610 crore. Mobile internet – driven by 2G and 3G – contributed significantly to the growth.

Airtel said its consolidated mobile Internet revenues grew 105.2 percent to Rs 1,736 crore. Mobile data accounts for more than one-third of the overall incremental revenue.

Airtel India

Airtel India revenue rose 10.3 percent with strong contribution from all segments. Mobile voice realisation in India improved to 37.13p in Q3 2014 from 35.17p in Q3 2013). Airtel said minutes grew by 5.9 percent.

Airtel India data customer base increased 31.2 percent to 54.4 million customers and coupled with 54.4 percent increase in usage per customer, this led to 97.0 percent increase in total data traffic.

Airtel

Mobile ARPU has increased by Rs 9.7 to Rs 195.

DTH revenue rose 25.8 percent and airtel business grew 13.9 percent.

Gopal Vittal, JMD and CEO, India Operations, Bharti Airtel, said: “Our efforts over the last 12 months to improve the quality of customer acquisitions have resulted in significant reduction in customer churn. Our focus on superior internet experience has resulted in increased data adoption and usage. Data is now a huge source of revenue growth.”
Airtel Africa and South Asia

Airtel said its international revenues – from Airtel Africa, Airtel Bangladesh and Airtel Sri Lanka – rose 18.5 percent. Revenue growth in Africa was 17.2 percent. Airtel revenue from South Asia increased 44.8 percent.

Africa revenue in $ terms grew 4.1 percent on sequential quarter basis led by 16.8 percent increase in data revenues.

Airtel Africa ARPU improved to $5.8.

editor@telecomlead.com