Editor's Note: We know this is late, but we were waiting for a transcript to be published by Airtel. There isn't one, so here's our summary: On Airtel's earnings conference call for the quarter ended September 30th 2011, Sanjay Kapoor- CEO India & South Asia said that the impact of increasing voice tariffs will be only noticed after the next quarter. He also clarified the company's stance on 3G ICR arrangements, the decrease in contribution of data revenue and the hyperactivity in subscriber addition in the quarter, among others. Notes from the conference call: Drop in mobile minutes: According to Airtel execs the quarter witnessed a subdued customer demand in line with the seasonality traditionally. There was a modest drop in mobile minutes but the company saw a sustained revenue growth. Revision of tariffs: The company is moving from a low tariff regime and has revised voice tariffs. As subscribers move out from promotional plans, the impact of the hike will be apparent in the next few quarters. The company was vocal about other new players offering cheaper schemes such as 1 paise/second when the markets were ready for a price revision. Airtel categorically said that some new players were transacting at a 40%-50% discount over incumbents for pulling new customers resulting in high subscriber churns of more than 20% which were unviable. 3G services and subscribers: Airtel expanded its own 3G network in 200 cities and offered the service in 500 additional cities through Intra-circle Roaming arrangements with other operators. On…
Airtel
Airtel Q2-FY12 Concall: Tariff Hike, 7M 3G With 25% Active, Africa, Gross Adds, 3G-ICR Arrangements
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