Airtel reports strong growth across domestic, international markets

29 Jan 2014

India’s Bharti Airtel group has booked revenues of INR219.39 billion (USD3.49 billion) for the three months ended 31 December 2013, up 13.3% year-on-year, boosted by strong growth in its domestic, African and South Asian markets. EBITDA for the group rose by 22.8% to INR70.93 billon, whilst net profits more than doubled to INR6.10 billion from INR2.84 billion a year earlier. Airtel’s total customer base expanded by 9.6% to 287.41 million, including 198.51 million mobile subscribers in India and 68.31 million wireless users across its 17 African operations. In its domestic market, the cellco’s mobile data users increased by 31% y-o-y to 54.42 million, of which 9.49 million were 3G subscribers (+83%). Monthly data ARPU also grew to INR75 from INR47 in the year-ago period, with data service contributing 10.3% of all mobile service revenues, compared to 5.7% twelve months earlier.

India, Bharti Airtel