Mobilink Posts 6.5 % Revenue Growth in Q3 2011

Mobilink has reported total revenues of Rs. 24.45 billion in third quarter of ongoing fiscal year; up from Rs. 22.95 billion during the same period last year translating into YoY growth of 6.5 percent, said financial stats released by VimpelCom and Orascom Telecom.

On other hands company’s capex increased 67 percent during the quarter from Rs. 2.810 billion in Q3 2010 to Rs. 4.72 billion in Q3 2011.

Stats said that Mobilink’s showed 11% EBITDA growth and EBITDA margin at 41.3 percent during the reported period.

Mobilink’s average revenue per user during third quarter for fiscal year 2011 stood still at Rs. 235.6, while each Mobilink customer consumed 197 air time minutes on average per month.

Financial stats said that Mobilink’s customer churn rate remained 8.8 percent during the quarter.

At the end of quarter Mobilink had 33,416,969 customers up 6.3 percent from 31,444,099 in Q3 2010.

Tech reporter with over 10 years of experience, founder of ProPakistani.PK

  • Telenor grew 22% over the same time period compared to Mobilink’s 6.5%. Interestingly enough both had 197 minutes of usage per customer.

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