Airtel Digital TV adds 207,000 subscribers in 3Q 2017

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

Digital TV Services

As on September 30, 2017, the company had its Digital TV operations in 639 districts. DTH had 13.5 Mn customers at the end of the quarter, which represents an increase of 9.0%, as compared to the corresponding quarter last year. Net customer additions for Digital TV during the quarter were 207 K. ARPU for the quarter was at Rs 233 as compared to Rs 232 in the corresponding quarter last year.

Operational Performance – India – Digital TV

                                  Unit  Sep-17  Jun-17  Mar-17  Dec-16  Sep-16
                                  ----  ------  ------  ------  ------  ------
Digital TV Customers              000s  13,521  13,314  12,815  12,588  12,405
Net additions                     000s     207     499     228     183     256
Average Revenue Per User (ARPU)     Rs     233     228     228     232     232
Average Revenue Per User (ARPU)     US     3.6     3.5     3.4     3.4     3.5
Monthly Churn                        %    1.4%    0.9%    1.2%    1.3%    1.2%

Revenue from Digital TV services increased by 9.6% to Rs 9,369 Mn as compared to Rs 8,545 Mn in the corresponding quarter last year. EBITDA for this segment continued to improve and was at Rs 3,517 Mn as compared to Rs 3,030 Mn in the corresponding quarter last year. The reported EBITDA margin improved to 37.5% in the current quarter, as compared to 35.5% in the corresponding quarter last year. EBIT for the quarter was at Rs 1,230 Mn in the current quarter, as compared to Rs 699 Mn in the corresponding quarter last year.