Tag: Digital TV Services

  • Q3-17: Jio affects Airtel revenue; Digital TV segment numbers up

    Q3-17: Jio affects Airtel revenue; Digital TV segment numbers up

    BENGALURU: Indian telecom major Bharti Airtel Limited (Airtel) reported 3 percent decline in total revenue for the quarter ended 31 December 2016 (Q3-17, current quarter) as compared to the corresponding year ago quarter. The drop was partially affected by a drop in revenue due to divestments of its Africa operating units, tower assets sale and merger of Bangladesh operations. However, like in the previous quarter, Reliance Jio’s entry has resulted in a drop in the company’s India mobile revenues which contribute a lion’s share to overall revenue.

    Airtel MD and CEO of India and South Asia regions Gopal Vittal said, “The quarter has seen turbulence due to the continued predatory pricing by a new operator. The present termination costs at 14 paise which are well below cost has resulted in a tsunami of minutes terminating into our network. This has led to an unprecedented year on year revenue decline for the industry, pressure on margins and a serious impact on the financial health of the sector. At the same time our commitment to provide a superior experience to our customers has led to revenue market share crossing a lifetime high of 33 percent. Airtel revenues grew by 1.8 percent Y-o-Y and our non-mobile businesses continue to grow at a healthy clip and now contribute a sizable 24 percent of our total revenues.”

    In consonance with Vittal statement, Airtel’s Digital TV Services segment (DTH segment) reported 17.7 percent year-over-year (y-o-y) increase in operating revenues for the quarter ended 31 December 2016 (Q3-17, current quarter). Also, Operating Profit (Earnings Before interest and Tax – EBIT) of the DTH segment in the current quarter increased 27.1 percent year-over-year (y-o-y).

    Airtel DTH reported revenues of Rs 873.5 crore in Q3-17 and Rs 742.2 crore in Q3-16. EBIT for the corresponding periods was Rs 68.4 crore (7.8 percent margin of the segment’s operating revenue) and Rs 53.8 crore (7.2 percent margin of the segment’s operating revenue), respectively.

    EBIDTA in Q3-17 also increased y-o-y – by 22.3 percent to Rs 302.6 crore (34.6 percent margin of the segment’s operating revenue) in the current quarter from Rs 247.4 crore (33.3 percent margin of the segment’s operating revenue).

    Subscription numbers, ARPU

    Airtel’s DTH segment added 14.82 lakh subscribers between Q3-16 and Q3-17, or a 17.3 percent y-o-y increase. It had 125.88 lakh subscribers as on 31 December 2016. Q-o-q, the segment witnessed a 1.5 percent growth (1.83 lakh adds) in subscribers from 124.05 lakh in Q2-17.

    ARPU in Q3-17 increased to Rs 232 from Rs 229 in the corresponding year ago quarter, but remained flat q-o-q as compared to the immediate trailing quarter.

    Airtel numbers

    Bharti Airtel Limited saw a 3 percent decline in operating revenue to Rs 23335.7crore in Q3-17 as compared to Rs 24065.9 crore in Q3-16.. Profit after tax (PAT) in the current quarter declined to less than half (declined by 54.5 percent) y-o-y to Rs 504 crore (2.2 percent margin) from Rs 1,108 crore (4.6 percent margin). The company attributes decline in profits to net interest costs of Rs 1,810 crore that have risen from Rs 1,360 crore in the corresponding quarter last year largely due to increased spectrum related interest costs. Further, forex and derivative losses for the quarter came in at Rs 126 crore compared to Rs 57 crore in the corresponding quarter last year as well as exceptional items net losses of Rs 114 crore.

  • Q3-17: Jio affects Airtel revenue; Digital TV segment numbers up

    Q3-17: Jio affects Airtel revenue; Digital TV segment numbers up

    BENGALURU: Indian telecom major Bharti Airtel Limited (Airtel) reported 3 percent decline in total revenue for the quarter ended 31 December 2016 (Q3-17, current quarter) as compared to the corresponding year ago quarter. The drop was partially affected by a drop in revenue due to divestments of its Africa operating units, tower assets sale and merger of Bangladesh operations. However, like in the previous quarter, Reliance Jio’s entry has resulted in a drop in the company’s India mobile revenues which contribute a lion’s share to overall revenue.

    Airtel MD and CEO of India and South Asia regions Gopal Vittal said, “The quarter has seen turbulence due to the continued predatory pricing by a new operator. The present termination costs at 14 paise which are well below cost has resulted in a tsunami of minutes terminating into our network. This has led to an unprecedented year on year revenue decline for the industry, pressure on margins and a serious impact on the financial health of the sector. At the same time our commitment to provide a superior experience to our customers has led to revenue market share crossing a lifetime high of 33 percent. Airtel revenues grew by 1.8 percent Y-o-Y and our non-mobile businesses continue to grow at a healthy clip and now contribute a sizable 24 percent of our total revenues.”

    In consonance with Vittal statement, Airtel’s Digital TV Services segment (DTH segment) reported 17.7 percent year-over-year (y-o-y) increase in operating revenues for the quarter ended 31 December 2016 (Q3-17, current quarter). Also, Operating Profit (Earnings Before interest and Tax – EBIT) of the DTH segment in the current quarter increased 27.1 percent year-over-year (y-o-y).

    Airtel DTH reported revenues of Rs 873.5 crore in Q3-17 and Rs 742.2 crore in Q3-16. EBIT for the corresponding periods was Rs 68.4 crore (7.8 percent margin of the segment’s operating revenue) and Rs 53.8 crore (7.2 percent margin of the segment’s operating revenue), respectively.

    EBIDTA in Q3-17 also increased y-o-y – by 22.3 percent to Rs 302.6 crore (34.6 percent margin of the segment’s operating revenue) in the current quarter from Rs 247.4 crore (33.3 percent margin of the segment’s operating revenue).

    Subscription numbers, ARPU

    Airtel’s DTH segment added 14.82 lakh subscribers between Q3-16 and Q3-17, or a 17.3 percent y-o-y increase. It had 125.88 lakh subscribers as on 31 December 2016. Q-o-q, the segment witnessed a 1.5 percent growth (1.83 lakh adds) in subscribers from 124.05 lakh in Q2-17.

    ARPU in Q3-17 increased to Rs 232 from Rs 229 in the corresponding year ago quarter, but remained flat q-o-q as compared to the immediate trailing quarter.

    Airtel numbers

    Bharti Airtel Limited saw a 3 percent decline in operating revenue to Rs 23335.7crore in Q3-17 as compared to Rs 24065.9 crore in Q3-16.. Profit after tax (PAT) in the current quarter declined to less than half (declined by 54.5 percent) y-o-y to Rs 504 crore (2.2 percent margin) from Rs 1,108 crore (4.6 percent margin). The company attributes decline in profits to net interest costs of Rs 1,810 crore that have risen from Rs 1,360 crore in the corresponding quarter last year largely due to increased spectrum related interest costs. Further, forex and derivative losses for the quarter came in at Rs 126 crore compared to Rs 57 crore in the corresponding quarter last year as well as exceptional items net losses of Rs 114 crore.

  • Q2-17: Airtel Digital TV revenue up, sees highest subscriber growth

    Q2-17: Airtel Digital TV revenue up, sees highest subscriber growth

    BENGALURU: Indian telecom major Bharti Airtel Limited’s Digital TV Services segment (DTH segment) reported 21.9 percent year-over-year (y-o-y) increase in operating revenues for the quarter ended 30 September 2016 (Q2-17, current quarter). Also, Operating Profit (Earnings Before interest and Tax – EBIT) of the DTH segment in the current quarter more than quadrupled (by 4.11 times) y-o-y.

    Airtel DTH reported revenues of Rs 854.5 crore in Q2-17 and Rs 706.8 crore in Q2-16. EBIT for the corresponding periods was Rs 69.9 crore (8.2 percent margin of the segment’s operating revenue) and Rs 1.7 crore (2.4 percent margin of the segment’s operating revenue) respectively.

    However, quarter-over-quarter (q-o-q) the segment reported 42.7 percent drop in EBIT for the current quarter as compared to Rs 121.9 crore (14.6 percent margin of the segment’s operating revenue) in the immediate trailing quarter. Revenue in Q2-17 was 2.1 percent higher q-o-q than Rs 836.9 crore in Q1-17.

    Subscription numbers, ARPU

    Airtel’s DTH segment added 18.29 lakh subscribers between Q2-16 and Q2-17, or a 17.3 percent y-o-y increase. The company says that this is the highest growth in percentage terms over seventeen quarters. It had 124.05 lakh subscribers as on 30 September 2016. Q-o-q, the segment witnessed a 2.1 percent growth (2.56 lakh adds) in subscribers from 121.49 lakh in Q1-17.

    ARPU in Q2-17 increased to Rs 232 from Rs 224 in the corresponding year ago quarter, but declined marginally (by Re 1) from Rs 233 in the immediate trailing quarter.

    Airtel numbers

    Bharti Airtel Limited saw a 3.4 percent increase in operating revenue to Rs 24,651.5 crore in Q2-17 as compared to Rs 23,835.7 crore in Q2-16, but witnessed a 3.5 percent q-o-q decline from Rs 25,546.5 crore. Profit after tax (PAT) in the current quarter declined 4.9 percent y-o-y to Rs 1,460.7 crore (5.9 percent margin) from Rs 1,536.1 crore (6.4 percent margin) and was almost flat (0.1 percent decline) q-o-q as compared to Rs 1,462 crore (5.7 percent margin).

    The JIO effect – Company speak.

    In a statement, Airtel MD and CEO, India & South Asia, Gopal Vittal said, “Our strong focus on enhancing customer experience and building a robust network has resulted in continued acceleration of revenue market share. Overall revenue momentum in India has been sustained during Q2 with a growth of 10.1 percent y-o-y. This is primarily due to the strong performance of our non-mobile businesses which grew in aggregate at 18.8 percent y-o-y, albeit our mobile business has experienced a slowdown in growths due to free services being offered by a new operator. But, we remain excited about the long term opportunity in India and believe that with the recently acquired spectrum, we are well positioned to lead India’s data revolution”.

     

  • Q2-17: Airtel Digital TV revenue up, sees highest subscriber growth

    Q2-17: Airtel Digital TV revenue up, sees highest subscriber growth

    BENGALURU: Indian telecom major Bharti Airtel Limited’s Digital TV Services segment (DTH segment) reported 21.9 percent year-over-year (y-o-y) increase in operating revenues for the quarter ended 30 September 2016 (Q2-17, current quarter). Also, Operating Profit (Earnings Before interest and Tax – EBIT) of the DTH segment in the current quarter more than quadrupled (by 4.11 times) y-o-y.

    Airtel DTH reported revenues of Rs 854.5 crore in Q2-17 and Rs 706.8 crore in Q2-16. EBIT for the corresponding periods was Rs 69.9 crore (8.2 percent margin of the segment’s operating revenue) and Rs 1.7 crore (2.4 percent margin of the segment’s operating revenue) respectively.

    However, quarter-over-quarter (q-o-q) the segment reported 42.7 percent drop in EBIT for the current quarter as compared to Rs 121.9 crore (14.6 percent margin of the segment’s operating revenue) in the immediate trailing quarter. Revenue in Q2-17 was 2.1 percent higher q-o-q than Rs 836.9 crore in Q1-17.

    Subscription numbers, ARPU

    Airtel’s DTH segment added 18.29 lakh subscribers between Q2-16 and Q2-17, or a 17.3 percent y-o-y increase. The company says that this is the highest growth in percentage terms over seventeen quarters. It had 124.05 lakh subscribers as on 30 September 2016. Q-o-q, the segment witnessed a 2.1 percent growth (2.56 lakh adds) in subscribers from 121.49 lakh in Q1-17.

    ARPU in Q2-17 increased to Rs 232 from Rs 224 in the corresponding year ago quarter, but declined marginally (by Re 1) from Rs 233 in the immediate trailing quarter.

    Airtel numbers

    Bharti Airtel Limited saw a 3.4 percent increase in operating revenue to Rs 24,651.5 crore in Q2-17 as compared to Rs 23,835.7 crore in Q2-16, but witnessed a 3.5 percent q-o-q decline from Rs 25,546.5 crore. Profit after tax (PAT) in the current quarter declined 4.9 percent y-o-y to Rs 1,460.7 crore (5.9 percent margin) from Rs 1,536.1 crore (6.4 percent margin) and was almost flat (0.1 percent decline) q-o-q as compared to Rs 1,462 crore (5.7 percent margin).

    The JIO effect – Company speak.

    In a statement, Airtel MD and CEO, India & South Asia, Gopal Vittal said, “Our strong focus on enhancing customer experience and building a robust network has resulted in continued acceleration of revenue market share. Overall revenue momentum in India has been sustained during Q2 with a growth of 10.1 percent y-o-y. This is primarily due to the strong performance of our non-mobile businesses which grew in aggregate at 18.8 percent y-o-y, albeit our mobile business has experienced a slowdown in growths due to free services being offered by a new operator. But, we remain excited about the long term opportunity in India and believe that with the recently acquired spectrum, we are well positioned to lead India’s data revolution”.

     

  • Airtel DTH biz Q4-2015 revenue up 17%, segment reports Rs 8 crore operating profit

    Airtel DTH biz Q4-2015 revenue up 17%, segment reports Rs 8 crore operating profit

    BENGALURU: Bharati Airtel’s Digital TV services – Airtel DTH – reported 17.2 per cent increase in y-o-y revenue to Rs 634.7 crore in Q4-2015 from Rs 541.5 crore and 1.8 per cent growth as compared to the Rs 623.4 crore in the immediate trailing quarter.

     

    The segment reported an operating profit of Rs 8.1 crore for the current quarter as compared to an operating loss of Rs 110.7 crore in Q4-2014 and an operating loss of Rs 36 crore in Q3-2015.

     

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore

     

    Airtel DTH revenue in FY-2015 grew 19.2 per cent to Rs 2475.9 crore as compared to the Rs 2077.1 crore in FY-2014. Operating loss was lower at Rs 158.1 crore in the current year as compared to the Rs 427.1 crore in FTY-2014.

     

    The company reported 2.7 per cent q-o-q growth in Airtel DTH customer base for Q4-2015 to 100.73 lakh from 98.1 lakh in Q3-2015. For the year, the segment reported 11.8 per cent growth in customer base from 90.12 lakh in FY-2014.

     

    Airtel MD and CEO, India & South Asia Gopal Vittal said, “The year has ended on a healthy note, with revenue growth accelerating to 12.1 per cent in FY 2014-15, from 9.9 per cent and 9.5 per cent respectively in the previous two years. Once again, the 20,000 – strong Airtel family has stood together to deliver these results. Airtel is spearheading the country’s digital agenda with substantial investments in the Internet space. The cumulative investment of Rs 68,000 crore in spectrum is a reflection of our commitment to the cause of a Digital India, and our belief in the potential of the exciting opportunity.”

     

    Overall, Airtel’s consolidated revenues for Q4-2015 at Rs 23,016 crore grew by 3.6 per cent over the corresponding quarter last year. Improved operational efficiency has resulted in consolidated net income growing by 30.5 per cent y-o-y to Rs 1,255 crore says the company.

     

    Annual consolidated revenues at Rs 92,039 crore grew by 7.3 per cent over the previous year, led by robust top line growth in India. Airtel informs that net income for the year grew by 86.9 per cent to Rs 5,183 crore despite higher forex losses of Rs 2,153 crore (FY-2014 forex loss – Rs 1,242 crore).