wordpress blog stats
Connect with us

Hi, what are you looking for?

Tata Communications revenues declined by 2.4% in Q1FY19

Tata Communications has reported a 2.4% year-on-year decline in consolidated revenue to Rs 3912.3 crore in Q1FY19. The company said that this was “primarily because of lower volume and price compression in the Voice business.” In the previous financial year, fall in revenue was due to “growth in total voice minutes and price compression, a decline in payment solutions business, and the impact of currency translation,” the company said.

In the quarter, EBITDA was Rs 555.4 crore, which marked a decline of 0.6% YoY, reducing by Rs 10 lakh from the previous quarter.

Capital expenditure (Capex) for the quarter was Rs 503.9 crore, up 51.5% from the previous quarter. “The capex was higher because of expansion in India access network,” the company said.

Segments

Gross revenue for the quarter from data business was Rs 2,790 crore, up by 4.08% YoY and down 0.2% QoQ. EBITDA for data services — which Tata provides both to wired corporate subscribers and wireless ones — this quarter was Rs 555.4 crore, down by 0.6% YoY and remaining approximately the same in a QoQ basis.

For voice, gross revenue for the quarter was Rs 78.36 crore, which marked a decline of 54.64% YoY and 38.25% QoQ.

Usage metrics

Data traffic carried by Tata Communications for Q4FY18 was 9.74 terabits per second on average. Virtual Private Network (VPN) and International Private Line (IPL) were the key contributors in data revenue with 26.8% and 20.6% of the data revenue mix.

Advertisement. Scroll to continue reading.

Total active data customers for the quarter were 5,557 as against 4,924 in Q1FY18.

Total volume of voice calls was 8.7 billion minutes in Q1FY19 as compared to 10.8 billion minutes in Q1FY18. Notably, a large chunk of voice minutes were international long distance calls, 7.9 billion minutes for Q1FY19.

Download: Financials (pdf)

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....

News

By Anand Venkatanarayanan                         There has been enough commentary about the Indian IT...

News

By Rahul Rai and Shruti Aji Murali The Indian antitrust regulator, the Competition Commission of India (CCI) has a little more than a decade...

News

By Stella Joseph, Prakhil Mishra, and Surabhi Prabhudesai The recent difference of opinions between the Government and Twitter brings to fore the increasing scrutiny...

News

This article is being posted here courtesy of The Wire, where it was originally published on June 17.  By Saksham Singh The St Petersburg paradox,...

You May Also Like

News

Meanwhile, trade associations urged the government to not dilute the rules and opposed the deadline extension.  After multiple stakeholders raised concerns over the proposed...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ