Mauritius Telecom’s revenues pass the MUR8 billion mark

13 Jun 2013

Mauritius incumbent telco Mauritius Telecom has announced the company’s financial results for the year ending 31 December 2012, with 3% increase in operating revenues to MUR8 billion (USD259.32 million) compared to the MUR7.77 billion reported in 2011, while revenue from the mobile segment was MUR3.6 billion, representing 3.28% growth over 2011. Mauritius Telecom stated a marginal growth in pre-tax profit of 0.7% to reach MUR2.6 billion in the calendar year 2012, although profit after tax decreased by 4.1% year-on-year to MUR1.8 billion from MUR1.9 in 2011. The group’s capital expenditure remained at MUR1.5 billion for a second year. By the end of 2012, Mauritius Telecom reported 752,000 mobile, 138,500 broadband (including nearly 69,000 My.T subscribers) and 345,000 fixed line customers. Its fibre-to-the-home (FTTH) network had 550 subscriptions, and the company estimates that a further 8,000 customers will be signed up by the end of 2013.

The company has also published the group’s outlook for 2013, with its main priority stated as infrastructure development. The company plans to invest MUR200 million in the deployment of a countrywide FTTH/B network to provide innovative high-bandwidth services for HDTV with up to 10Mbps broadband access to its customers, while 4G coverage is expected to reach Port Louis, the Cybercity and the Airport area by the end of 2013. Mauritius Telecom is also planning to shift to eight-digit numbering for mobile phones in 2013.

Mauritius, Mauritius Telecom (MT)