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Bharti Airtel improves margins as revenues rise 4%

2015-10-26 14:35:00| Telecompaper Headlines

(Telecompaper) Indian operator Bharti Airtel reported a continued increase in sales and profits for its fiscal second quarter, driven by strong demand for mobile data services. Revenues rose 4 percent year-on-year to INR 238.36 billion, and EBITDA was up 7 percent to INR 82.65 billion, helping the margin expand to 34.7 percent from 33.9 a year ago. Despite a doubling in financing costs, the sale of towers infrastructure helped the company still post a 10 percent rise in net profit to INR 15.23 billion. Capital expenditure jumped 35 percent to INR 50.34 billion on the expansion of 3G and 4G networks, leading to a 20 percent drop in operating cash flow to INR 32.31 billion. 

Tags: rise revenues improves margins

 

Bharti Airtel profit jumps 10% on mobile data growth

2015-10-26 01:00:00| Total Telecom industry news

Indian operator's fiscal second quarter revenue rises 4.3%; Africa loss widens.

Tags: data mobile growth profit

 
 

Bharti closes more Africa towers deals

2015-10-22 02:00:00| Total Telecom industry news

Telco takes its cell site sales running total to $1.7 billion across seven markets.

Tags: deals africa closes towers

 

Bharti African towers sale collapses

2015-10-16 02:00:00| Total Telecom industry news

India-based telco is unable to close deal with Eaton Towers for 3,500 cellsites in six markets.

Tags: sale african towers collapses

 

Bharti, IHS Zambia towers sale closes

2015-09-02 02:00:00| Total Telecom industry news

Infrastructure specialist takes control of 949 telecoms towers, mobile operator highlights cost savings.

Tags: sale zambia closes towers

 

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