Bharti Airtel Q2 profit falls 29.8%
At the end of second quarter of FY'13, the company has 5.4 million active 3G customers of which 4 million are active 3G data customers.
Bharti Airtel made cumulative investments of Rs 1,87,719.7 crore on global level till the end of July-September 2012 quarter. The company invested Rs 74,745.9 crore in its mobile services business in India and South Asia region.
The company reported revenues of over Rs 500 crore from data (internet) services in the quarter.
Kapoor said the company is expanding its 4G network in the country and is expected to cover more cities during the ongoing quarter.
"I cannot share details but Delhi and Mumbai launch are not likely to happen in this quarter," he said.
Bharti Airtel has licence for 4G services in Maharashtra, Kolkata, Karnataka and Punjab. The company acquired stake in Qualcomm's Indian venture which has licence for 4G services in Delhi, Mumbai, Kerala and Haryana circles.
The company's consolidated revenue from Africa increased by 29 per cent to Rs 6,051.2 crore in the quarter, compared to Rs 4,703.2 crore in the same period a year ago.
It had 58.7 million GSM mobile customers on its African network at the end of September, 2012.
"We have achieved leadership position in most of the African market," Bharti Airtel's CEO (International) and Joint MD Manoj Kohli said.
During the quarter, the company added 2.8 million customers. The ARPU (average revenue per user) for the quarter was USD 6.4 per month