0
Broadband

Bharti Infratel's quarterly profit down 6%, revenue up 1%

Sunday 28 October 2018 | 13:19 CET | News
Indian towers operator Bharti Infratel reported revenues for its fiscal first quarter ended 30 September 2018 up 1 percent year-on-year to INR 36.66 billion. EBITDA dropped 8 percent to INR 15.06 billion, giving a margin of 41.1 percent. Operating free cash flow also declined by 18 percent year-on-year to INR 9.98 billion. Quarterly net profit fell 6 percent to INR 6 billion. Bharti Infratel ended September 2018 with a total tower base of 92,123, with total co-locations of 174,512 and closing sharing factor at 1.89.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Infratel
Countries: India
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Infratel announces exit of 27,447 co-locations following Vodafone-Idea merger

Published 06 Sep 2018 08:40 CET | India
Bharti Infratel  also reports this is likely to result in a net reduction of its consolidated service revenue of approximately ...

Vodafone India completes merger with Idea Cellular

Published 31 Aug 2018 10:07 CET | India
Vodafone Group has announced the completion of the merger between Vodafone India and Idea Cellular, first announced in March ...