Mobilink Reports Positive Revenue Growth in Q2 2011

Mobilink has posted positive results in it’s second quarter for current fiscal year, said an earning report issued by Orascom Telecom, parent group of Mobilink.

Report said that Mobilink generated a total of Rs. 24.94 billion rupees in second quarter of 2011, up from 23.55 billion a quarter earlier.

Mobilink’s combined revenues for first half 2011 stood at Rs. 48.48 billion compared to 47.45 billion during the same period in previous year, showing an YoY growth of 2.2 percent.

Company EBITDA Margin grew 4.1 percent in first half 2011 as compared to last year to reach 40.3 percent.

At the end of second quarter 2011 Mobilink managed to increase it’s ARPU in local currency that stood at Rs. 243 up from Rs. 235 in Q1 2011. Company’s subscriber churn rate increased to reach 7.1 percent up from 5.9 percent a year earlier.

Stats said that company had attained 33.38 million subscribers by June 2011 depicting 3.7 subscriber growth in an year.

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