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Bharti Airtel Results Third Quarter Ended - Dec 31, 2010
Much Know
#1 Posted : Wednesday, February 02, 2011 7:45:12 AM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
Airtel continues on the downward spiral, 41% drop in profits (against expectations 11%)with Africa and particularly Kenya dragging the profits down. The game continues..........But lets see how business is done according to some here
A New Kenya
quicksand
#2 Posted : Wednesday, February 02, 2011 8:52:31 AM
Rank: Veteran


Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
@MuchKnow, weka link please.

Much Know wrote:
Airtel continues on the downward spiral, 41% drop in profits (against expectations 11%)with Africa and particularly Kenya dragging the profits down. The game continues..........But lets see how business is done according to some here

qw25041985
#3 Posted : Wednesday, February 02, 2011 9:03:53 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
Link ndio hii...41% is just waaaaay tooo much :

http://www.bloomberg.com...upees-lags-estimate.html
Your future depends on your dreams so go to sleep !
masukuma
#4 Posted : Wednesday, February 02, 2011 9:36:25 AM
Rank: Elder


Joined: 10/4/2006
Posts: 13,821
Location: Nairobi
its a calculated risk they have taken....lets see how it plays out.
All Mushrooms are edible! Some Mushroom are only edible ONCE!
Much Know
#5 Posted : Wednesday, February 02, 2011 9:49:42 AM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
Their mantra is " we don't care about profits", so that we who care about profit become the villains as claims for "free calls" mount, its a model whose workings we are eagerly waiting to see, but it is not business, there are still years ahead for this to play out for the patient.
A New Kenya
mlennyma
#6 Posted : Wednesday, February 02, 2011 10:18:12 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,176
Location: nairobi
Thanks barti for agreeing to be a non-profit making organisation you will go a long way in helping the less fortunate in the society but beware the collapse can find you sooner than you expect.
"Don't let the fear of losing be greater than the excitement of winning."
Papa Investor
#7 Posted : Wednesday, February 02, 2011 10:23:26 AM
Rank: New-farer


Joined: 6/3/2010
Posts: 96
vimto2505
#8 Posted : Wednesday, February 02, 2011 11:00:42 AM
Rank: New-farer


Joined: 11/18/2010
Posts: 8
Bharti Airtel posted good number and the same is reflected in today's price movement. Open this link http://www.bseindia.com/..._Airtel_Ltd3_020211.pdf


You can see on page 14 of that link that,
1) customer has increased from 40 to 42 million across africa.
2)Traffic details shows that minutes of usage increased from 12.78 million mintues to 14 million minutes.

Now go to page no 17

3) ARPU in africa is steady at 7.3 US$, marginal dip from 7.4US$.
4) As per bharti airtel's strategy average minutes per user increased from 112 to 120. ( far below india's average minutes of usage of 449 minutes / month )

Result is down primary due to rebranding cost in india and depreciation of indian currency against USD.

Now any questions ?
The Merchant
#9 Posted : Wednesday, February 02, 2011 12:12:14 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
vimto2505 wrote:
Bharti Airtel posted good number and the same is reflected in today's price movement. Open this link http://www.bseindia.com/..._Airtel_Ltd3_020211.pdf


You can see on page 14 of that link that,
1) customer has increased from 40 to 42 million across africa.
2)Traffic details shows that minutes of usage increased from 12.78 million mintues to 14 million minutes.

Now go to page no 17

3) ARPU in africa is steady at 7.3 US$, marginal dip from 7.4US$.
4) As per bharti airtel's strategy average minutes per user increased from 112 to 120. ( far below india's average minutes of usage of 449 minutes / month )

Result is down primary due to rebranding cost in india and depreciation of indian currency against USD.

Now any questions ?

No sir smile
Jamani
#10 Posted : Saturday, February 05, 2011 4:22:08 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
mlennyma wrote:
Thanks barti for agreeing to be a non-profit making organisation you will go a long way in helping the less fortunate in the society but beware the collapse can find you sooner than you expect.



My only concern is that Kenyas will be the losers in all these. Slow growth of telco and jobs to India, Just visit thier offices at Parkside and see for yourself the number of Malbaris running thier african HQ from Kenya, i bet even the outsourced IT to IBM will follow suit...
And if they succeed to dent safcom proper, i can bet you, safcom will follow queue and leverage on outsourcing to sustain thier profits, these they can do easily, and kenyas will call with less than a bob, but no technological advancements, unemployment and tax etc.. Look at Yu they have already said no 3g for them why? sustainability...http://www.nation.co.ke/-/1148/1148/-/xvvu7uz/-/index.html
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