Consolidated EBITDA improved to Rs 1,308 crore up 7 percent, representing an operating margin of 43.1 percent and consolidated EBIT at Rs 734 crore, witnessed a 9 percent Y-o-Y growth.
Akhil Gupta, chairman, Bharti Infratel said, “Mobile data is going to be the key pillar of growth for the India telecom industry. We are already witnessing clear signs of accelerated 3G and 4G rollouts by the operators with multi-fold increase in such installations as compared to last year. In addition, the sector is also seeing increased focus on quality of service and a possible utilization of unused spectrum. These trends are positive for tower companies and we are fully geared to meet the resultant additional requirements of the telecom industry.”
In the second quarter, Bharti Infratel added 787 towers taking its overall tally to 87,184. The company increased its tenancy ratio from 2.13 to 2.15.