Airtel 4G

Mobile Internet revenues for Airtel in India grew by 44.5% year-on-year to Rs 3,357 crore for the quarter ended March 31 2015 (Q4-FY16), accounting for around 18.32% of total revenues for the company in India.  Quarter-on-quarter, Mobile Internet revenues were up 5.47%, from Rs 3,183.9 crores.

Note that Airtel has not provided a break up its 4G customer base. It reports both its 3G and 4G customer base as Mobile Broadband now. Mobile broadband users stood at 35.46 million, up 14.83% from 30.88 million in the previous quarter.

Airtel has reported total 28.09 million 3G Mobile Internet connections in the preceding quarter. We estimate that Airtel had 2.79 million 4G customers in the preceding quarter.  In January 2014, Airtel had claimed that its 4G connection base had crossed the 100,000 mark in the country.

Last quarter, Airtel became the second mobile operator where 3G subscribers are more than 50% of its data connections. Reliance Communications in the preceding quarter reported that nearly 60% of its data connections are on 3G.

Data business

The total mobile Internet base saw a 6.09% increase quarter-on-quarter (QoQ) to 58.2 million connections, from 54.86 million connections in the previous quarter, while it increased 25.25% year-on-year (YoY) from 51.03 million in the same quarter last year.

Mobile Internet users accounted for 23.2% of the Airtel’s total India connection base for the quarter, up slightly from 22.5% in the previous quarter.

– Total Mobile Internet volume increased by 9.57% QoQ to 146.77 billion MB.

– Average data revenue per user decreased 2% to Rs 196, from Rs 200 in the previous quarter.

– Data usage per customer increased 1.9% to 859 MB from 843 MB in the previous quarter.

– Data Realization per MB decreased by 3.79% QoQ to Rs 0.2287.

Financials

–  Consolidated total revenues at Rs 24,960 crore, up 10.1% Y-o-Y on an underlying basis.

– Consolidated EBITDA at Rs 9,188 crore, up by 14.1% Y-o-Y.

– Net Income for the quarter at Rs 1,290 crore vs Rs 1,255 crore in the corresponding quarter last year.

Download: Press release and financials | Quarterly report