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Airtel Q4 FY12: Data & VAS Revenues Up 12% QoQ; Enterprise Down 6%; Telemedia Flounders

The spotlight is clearly on India's largest telecom operator Bharti Airtel, as the country and the sector grapples with uncertainty around the future of new telecom operators and the 2G spectrum auctions, concerns around refarming of spectrum, among several other issues facing the sector. The company reported total revenues of Rs 18729 crore for the quarter, up 15% year on year, India and South Asia revenues of Rs 13421 crore, up 10.5% year on year. Its consolidated EBITDA was Rs 6,233 crore, up by 13.7% year on year, with EBITDA margin at 33.3%. Net profit for the quarter was 1,401 crore; For the fiscal, Airtel reported Rs 1,006 crore in Net profit, impacted by by higher costs on account of 3G license fee amortisation of Rs 106 crore, 3G interest costs of Rs 84 crore, forex fluctuation losses of Rs 132 crore and tax provisions of Rs 198 crore. India Mobile: Data & VAS segment grows India Mobile: India mobile revenues increased grew 6.8% to Rs 10509 crore. Mobile EBITDA for India grew to Rs 3571.9 crore, up 6.26% year on year, and 3.74% quarter on quarter. Data & VAS Note: We've taken revenues for India and South Asia for our calculations, since Bharti Airtel does not break out numbers for India separately. Do keep in mind that the non India component of Bharti Airtel's "India and South Asia" revenues is likely to be relatively small, since it includes Sri Lanka and Bangladesh. Airtel has 6.72 million connections in Sri…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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