Mobilink Ups Revenues 13% in Q1 2016 to Rs. 28.6 Billion

Mobilink has reported a 13% YoY increase in its revenues during Q1 2016 to Rs. 28.6 billion, up from Rs. 25.3 billion during same duration last year. Company’s service revenue reached Rs. 27 billion during the reported period.

Mobilink said that its strong growth in revenues was primarily driven by data services, which grew 80% YoY to reach Rs. 3.4 billion, up from mere Rs. 1.9 billion an year ago.

This development was driven by successful data monetization initiatives, data devices promotions and 3G network expansion.

Mobilink currently offers 3G in over 300 cities in Pakistan, many of which previously had no access to broadband services. Mobilink said that it currently has 18.3 million mobile data customers, of which 8.5 million are 3G data customers.

Underlying EBITDA margin increased 2.5 percentage points YoY to 43.8% in 1Q 2016, representing sustainable growth as a result of the above mentioned revenue increase.

Capex decreased to PKR 1.3 billion YoY in 1Q 2016, while the LTM capex to revenue ratio was 22%, as Mobilink continues to invest in its high-speed 3G network roll-out.

Mobilink’s ARPU increased to Rs. 234 during Q1 2016, up from Rs. 201 during same quarter last year.

Mobile Financial Services (MFS) revenue continued to show good growth momentum of 55% YoY for Mobilink. As a result, MFS revenue now represents 3% of service revenue.

Below are financial highlights for Mobilink for Q1 2016

Mobilink_Q1_2016

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


  • Zafar Abbas Rizvi

    This is mainly due to internet tax that they are collecting from users of punjab but not depositing to Govt.

    • Guest

      Not everyone is from Sharif / panama family

  • Ansari

    Any update over approval of pta for mobi warid merger ?

    • Adeel

      The deal is cancel, warid says the quality of mobilink is below average that’s why we are looking at Telenor and Ufone.
      Ye sun k mobilink k owner ne khudkushi kar li ?

      • Muhammad Faheem

        Telenor and Ufone se to behtar hai yr mobilink

        • Adeel

          Jani yahan to mobilink ki thaki hui service hai, waise I’m a zong user ?

          • Muhammad Faheem

            and am a happy warid user.. mobilink mere ghar mn bhi itna acha nhe chalta and ufone and telenor have got an even bad repute

            • Adeel

              I’m a ex user of warid and that was amazing experience with it for 4 years long, but when heard about merger and then signed by both companies I was cancelled my number and taking the sim for some great memories.
              I hate Mobilink

              • Muhammad Faheem

                u shifted too early… merger is still not final.. enjoy till it lasts…. and even after that since mobilink may get warid infrastructure so its quality may improve…. hopeful

                • Adeel

                  Mein door door tak mobilink k naam k sath nhn jurhna chahta, zong is the best network available in the Pakistan for both call and data

  • BADAR

    Mobilink 3G bursted now. RIP jazz 3G