Airtel Digital TV adds 499,000 subscribers in 2Q 2017

NEW DELHI, India — Bharti Airtel Limited (“Bharti Airtel” or “the Company”) today announced its audited consolidated Ind-AS results for the first quarter ended June 30, 2017.

Digital TV Services

As on June 30, 2017, the Company had its Digital TV operations in 639 districts. DTH had 13.3 million customers at the end of the quarter, which represents an increase of 9.6%, as compared to the corresponding quarter last year. Net customer additions for Digital TV during the quarter were 499 thousand. ARPU for the quarter was at Rs 228 as compared to Rs 233 in the corresponding quarter last year.

Operational Performance – India – Digital TV

                                  Unit  Jun-17  Mar-17  Dec-16  Sep-16  Jun-16
                                  ----  ------  ------  ------  ------  ------
Digital TV Customers              000s  13,314  12,815  12,588  12,405  12,149
Net additions                     000s     499     228     183     256     424
Average Revenue Per User (ARPU)     Rs     228     228     232     232     233
Average Revenue Per User (ARPU)     US     3.5     3.4     3.4     3.5     3.5 
Monthly Churn                        %    0.9%    1.2%    1.3%    1.2%    0.8%

Revenue from Digital TV services had increased by 7.2% to Rs 8,974 million as compared to Rs 8,369 million in the corresponding quarter last year. EBITDA for this segment continued to improve and was at Rs 3,300 million as compared to Rs 3,011 million in the corresponding quarter last year. The reported EBITDA margin improved to 36.8% in the current quarter, as compared to 36.0% in the corresponding quarter last year. EBIT for the quarter was at Rs 1,038 million in the current quarter, as compared to Rs 1,219 million in the corresponding quarter last year.