Online Broadband Guide
Online Broadband Guide


Will RJio once again pull Bharti Airtel's revenues down in Q1FY18?

Will RJio once again pull Bharti Airtel's revenues down in Q1FY18?

Although Jio was said to have the slowest average 4G speed in the country (as per an OpenSignal's report), interestingly the telecom operators average peak speed is measured to be 50 Mbps, which is almost 13 times faster than its everyday 4G speed download speed of 3.9 Mbps. However, this is just a temporary condition and as Jio's data usage returns to more manageable levels, the big gap between its peak and average speeds should close. "Jio has experienced phenomenal growth since launching its all-4G service last autumn, signing up more than 100 million subscribers in the space of few months, and for much of that period Jio has been offering those customers almost unlimited access to mobile data".

Expecting drop in revenues to continue, the experts believe Bharti India wireless revenues to drop 1-2% QoQ (9% YoY and 16% YoY) in 1QFY18 to Rs 150.5 billion.

The pricing disruption in the Indian telecom market caused by the entry of a new operator has led to industry revenue declines and created further stress on sector profitability, cash flows and leverage, said Gopal Vittal, MD and CEO, India & South Asia, said in a company statement.

Bharti Airtel, for its India market, registered revenues of Rs 17,244 crore for the first quarter in 2017 compared to Rs 19,155 crore for the corresponding period a year ago, showing a dip of 10%. Voice usage per customer saw a 7.7 per cent sequential growth to 507 minutes in the June quarter while data usage per customer jumped 96.2 per cent to 2611 megabytes (MB).

In terms of of consolidated revenue, the company clocked Rs 21,958 crore in Q1, 2017 versus Rs 25,547 crore in the same quarter of the previous financial year, showing a decrease of 14%.

A CNBC-TV18 poll estimated India business revenue at Rs 12,790 crore, with operating profit at Rs 4,400 crore and margin at 34.3 crore for the quarter.

Revenues in the June quarter, at Rs 21,958 crore, were marginally up 0.10 per cent sequentially. Consequently, the consolidated EBIT dropped by 34.1% Y-o-Y to Rs 2,988 crore.

Bharti Airtel with 278.6 million mobile subscribers is the largest mobile operator in India.

Bharti Airtel's profit after tax (PAT) declined by 57% as it stood at Rs 1,251 crore in Q4 FY17 from Rs 2,908 crore in the same quarter past year.

follow

editors' picks

July 26, 2017
How John McCain spent his weekend days after cancer announcement
McCain and continued health coverage for all who need similar medical care and treatment. "Then this will be his legacy". McCain was a Navy pilot during the Vietnam War, displaying a special kind of bravery and patriotism during his missions.

July 24, 2017
Warner Bros. announces 'Wonder Woman' sequel
Gal Gadot was at the Warner Bros . panel held during 2017 Comic-Con on Saturday (July 22), where the news was confirmed. In addition it also holds the record for the highest grossing live action film directed by a female.

July 24, 2017
Usher Sued for $10 Million for Allegedly Exposing Woman to Herpes
The plaintiff was eventually diagnosed with herpes after suffering from vaginal sores, fevers and chills, she alleged in papers. But, it's not like Usher isn't in the wrong for cheating on his wife and not disclosing his alleged status to the woman.

July 22, 2017
United States 'to ban citizens from visiting North Korea'
What happened to Otto Warmbier? Prior to this, he had served 17 months of his sentence: 15 years imprisonment and hard labor. This month, North Korea announced it had successfully tested its first intercontinental ballistic missile (ICBM).

July 22, 2017
Jada Pinkett Smith reveals she use to be a drug dealer
For the last several weeks, the women have appeared together and separately on talk shows promoting the film. And you think that Ryan is never going to let go of her flawless image, but eventually she does.

July 19, 2017
A day on the Tour de France
Dan Martin, meanwhile, lost more than 50 seconds to the leaders, rolling in nearly a minute adrift of Froome and friends. Also, we sit down with American rider Taylor Phinney (Cannondale-Drapac) to hear his thoughts on life in the peloton.

July 17, 2017
Delta Publicly Apologizes to Ann Coulter, Will Refund Her $30
She also compared Delta employees to prison guards and the former East German secret police. He did not elaborate on what was discussed.

July 16, 2017
Iran-Origin Maths Wizard Maryam Dies at 40
Firouz Naderi, her friend and NASA scientist, confirmed Mirzakhani's death on Instagram. Mirzakhani joined the faculty at Stanford in the San Francisco Bay area in 2008.

July 16, 2017
Lee leads as Trump arrives at US Women's Open
The trio sharing second were followed by another South Korean, with Bae Seon Woo alone in fifth after a 69 for 139. Former Open victor Cristie Kerr and Megan Khang were the best USA finishers, tied at 69.

July 15, 2017
McIlroy recreating 2014 to find form for British Open
McIlroy's last appearance at the Scottish Open in 2014 was pivotal, as he won The Open Championship the week after at Royal Liverpool.