We have been hearing from mobile phone operators that business in the telecom sector hasn’t been the same, as it once was. We hear that price war is hampering the revenue, then data revenues aren’t picking up as quick as they are cannibalizing the conventional revenue stream and so on.
We also hear that heavy taxes — directly on mobile services and indirect taxes on telecom equipment, mobile devices etc. — aren’t letting the telecom sector pick up.
Today we will look at revenue of all mobile phone companies to understand how they fared during past three years. We will also try to compare the performance and growth in revenues of these mobile operators to estimate the future trajectory of these operators during next few years.
FY 2015 | FY 2016 | FY 2017 | Total | |
Jazz | 146,571 | 222,260 | 211,183 | 580,014 |
Telenor | 98,087 | 106,027 | 113,758 | 317,872 |
Zong | 49,762 | 54,420 | 67,971 | 172,153 |
Ufone | 51,452 | 53,295 | 52,925 | 157,672 |
Warid | 33,264 | 32,097 | 65,361 | |
Total | 381,151 | 470,115 | 447,854 | 1,293,072 |
Amounts are in PKR Million
From the first look, here are our first impressions:
We have prepared an infograph for your consumption as well. Here you go: