je.st
news
Tag: airtel
Airtel grows quarterly EBITDA 15% on mobile data surge
2016-10-26 12:55:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported revenues for its fiscal second quarter to September up 3.4 percent year-on-year to INR 246.52 billion. While mobile data revenues rose 21 percent to INR 45.36 billion, total revenues were under pressure from the sale of some activities in Africa and the currency devaluation in Nigeria. EBITDA improved a faster 14.5 percent to INR 94.66 billion, and the EBITDA margin was up by 3.7 points to 38.4 percent thanks to improvement in both south Asia and Africa. Net profit fell slightly to INR 14.61 billion from INR 15.36 billion a year ago, due to higher interest costs to finance spectrum acquisitions. Operating free cash flow still increased by 23.9 percent to INR 41.79 billion, and net debt dropped to 2.28x EBITDA from 2.37 in the previous quarter.
Tags: data
mobile
quarterly
grows
Airtel Digital TV adds 256,000 subscribers in 3Q 2016
2016-10-25 16:00:58| Digital TV News
Bharti Airtel has announced esults for its second quarter ended September 30, 2016. DTH had 12.4 million customers at the end of the quarter, up 17.3% compared with the corresponding quarter last year.
Tags: digital
adds
subscribers
airtel
Jio to hold interconnect talks with Bharti Airtel, Vodafone, Idea
2016-09-13 02:00:00| Total Telecom industry news
Telcos likely to drive hard bargain as newcomer seeks to ease network congestion.
Tags: idea
hold
talks
vodafone
Singtel buys Temasek shares in AIS, Airtel for SGD 2.5 bln
2016-08-18 09:20:00| Telecompaper Headlines
(Telecompaper) Singtel has agreed to raise its stakes in Thailand operator AIS and India's Bharti Airtel. The company will buy Singapore investment company Temasek's 21 percent pf Intouch Holdings, the largest shareholder in AIS, and 7.39 percent of Bharti Telecom, the holding company for Airtel, for a total consideration of SGD 2.47 billion cash. Singtel said it will fund the deal with internal cash, short-term debt and proceeds from the sale of 386 million new Singtel shares to Temasek. The transaction is subject to regulatory and minority shareholder approvals and is expected to be completed by December.
Bharti Airtel quarterly revenues up 8%, EBITDA grows 16%
2016-07-28 13:01:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported revenues for its fiscal first quarter to June up 8 percent year-on-year to INR 255.47 billion, led by strong demand for data services in its home market India. EBITDA increased 16 percent to INR 95.91 billion, and the margin rose to 37.5 percent from 34.8 a year ago, driven by improved profitability in both India and Africa. The company's net profit fell 31 percent year-on-year to INR 14.62 billion, hurt by charges for asset impairments and the new exchange rate regime in Nigeria. Capital expenditure increased 23 percent to INR 49.25 billion, and operating cash flow was up 10 percent to INR 46.66 billion.
Tags: quarterly
revenues
grows
ebitda
Sites : [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] next »