Sunday, February 8, 2015

Airtel Digital TV revenue increases by 15.8% in Q3 FY 2014

Airtel Digital TV has recorded a revenue of INR6.2 billion in the third quarter FY 2015, as compared to INR5.3 billion in the third quarter FY 2014, up by 15.8% year-on-year. Its EBITDA stood at INR1.7 billion in this quarter with a growth rate of 76% year-on-year.
Airtel Digital TV has added 270,000 subscribers during the third quarter. It has over 9.8 million subscribers as on December 31, 2014. Its average revenue per user stood at INR214. Digital TV services revenue accounts for 4% of Bharti Airtel’s total revenues.
During the quarter, Airtel Digital TV launched a self-care app and a Wi-Fi dongle for its HD customers, said the company in its financial statement. During the current quarter, the company incurred a capital expenditure of INR1.6 billion. “Operating free cash flow during the quarter at INR77 million has significantly improved, compared to cash burn of INR137 million in the corresponding quarter last year, an increase of 156%,” added the statement.
Airtel Digital TV offers 456 channels including 25 HD channels and three interactive services across 639 districts in India.

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