Pakistan’s leading cellular operator, Mobilink, has recorded an 8% slash in its quarterly earnings for the second quarter of this ongoing year in contrast to the 2013 for the identical period of time. The report regarding the revenue stats of Mobilink Pakistan were released by company’s managing group VimpelCom.
The report reveals that Mobilink Pakistan yielded Rs. 26.3 billion during Q2 of Fiscal Year 2014, inclined from Rs. 28.5 billions it produced during the identical tenure of 2013.
VimpelCom’s quarterly figures also highlighted that profits were influenced at heart by aggressive contest on the back of optimized network storage alongside disappointing macro-economic circumstances.
Data services played an important part in the company’s revenues as Rs. 1.1 billion or 4 percent of the earnings were generated via this channel.An annual decline of 16 % was recorded on EBITDA margin, mainly affected by mounting user associated cost and escalating tax absorption.
CAPEX saw a rise to reach USD 110 million because of the network swap and modernization and the 3G deployment project. The system modernization project is facing a pause because of the congestion’s in some of the already modernized locations and is anticipated to be done in the first quarter of next year, which was earlier due for completion during third quarter of this ongoing year.
Furthermore, Mobilink Pakistan ARPU (Average Revenue per User) was recorded at Rs. 214 for each month, a 14 % slash from Rs. 249 per month for the identical duration of 2013.
In addition to that, the average minutes per consumer per month also faced a recession to stand at 230 minutes per user per month, which were earlier 233 minutes per user month during 2013.
An encouraging factor in this report was the ever growing subscriber for the leading mobile operator in the country as an annual 4% hike bolstered it to touch the 38.8 million mark by the finish of aforesaid duration.