Mobilink Posted a revenue positive quarter with total revenues of Rs. 25.9 billion during July-Sep 2015, up 7% from 24.2 billion it gene...
Mobilink Posted a revenue positive quarter with total revenues of Rs. 25.9 billion during July-Sep 2015, up 7% from 24.2 billion it generated during the same period last year. Company said that increase in revenues is mainly driven by data revenue growth of 78% YoY and higher MFS revenue with a 61% YoY increase.
Financial details, released by VimpelCom, said that Mobilink’s data revenues during Q3 stood at Rs. 2.2 billion, up from Rs. 1.3 billion it generated during same duration last year.
Mobilink’s MFS revenues represented 2.7% of service revenue, that are mainly attributed to successful retail promotions along with an increased active agent footprint.
The EBITDA margin increased 6 percentage points YoY to 41%, as a result of the revenue growth and cost efficiency initiatives, mainly in procurement and utilities.
Capex in 3Q15 decreased to PKR 6.7 billion as the 2G network modernization was completed in 2014. The Company continues to invest in its high-speed 3G network roll-out.
Mobilink said that it managed to verify its 87% customers during the Biometric SIM re-verification drive and less than 1% revenue was impacted due to entire process of re-verification. Mobilink’s customer base reached 35.2 million at the end of reported quarter.
Mobilink said that its ARPU settled at Rs. 230 during the quarter, up from Rs. 195 during the same quarter last year.
Average minutes consumed per customer per month increased 56% YoY and reached 369, up from 236 average minutes per consumer per month during same period last year.
Below are Mobilink’s Financial Highlights for the quarter:
