As per CNBC-TV18 poll, average revenue per user (ARPU) may drop 1.5 percent. Volumes may fall 2 percent at 285 billion minutes in Q2 from 290.8 billion minutes. Voice revenue per minute (RPM) may be at 35 paise against 34.93 paise (Y-o-Y)
CLSA retains buy rating on the stock and upgraded EBITDA estimates by 1-3 percent for FY16-18 mainly led by higher margins.
The brokerage expects voice revenue per minute (RPM) to decline by 1 percent quarter-on-quarter Q4FY15, due to a cut in interconnect charges (IUC) from March 1. However, the cut should also aid an improvement in EBITDA margins, as the interconnect cost will also come down, it adds.
In FY16, healthy growth in data volumes – spurred by increasing adoption of 3G and 4G services – is expected to lift revenue growth to 14-16 percent, as per CRISIL Research estimates.
Average revenue per user (ARPU) of Idea Cellular is expected to increase 1.1 percent Q-o-Q to Rs 169 while revenue per minute (RPM) may rise marginally to 42 paise from 41.2 paise sequentially, which will be key to watch.
Bharti Airtel's profit falls 61 percent QoQ to Rs 284 crore for the quarter ending December. Sanjay Chawla of JM Financial said that the numbers are totally in-line with expectation.
Reliance Communications is set to declare its results for the third quarter of financial year 2012-13 on Wednesday, for the first time before its rivals Bharti and Idea Cellular get announced. Analysts on an average expect profit after tax to grow by 76.5 percent quarter-on-quarter to Rs 180 crore in the quarter due to low base.
Motilal Oswal has come out with its report on telecom space. According to the research firm, EGoM's recent decision of lowering the reserve price in only four circles does not indicate an accommodative government stance towards the industry.
Syed Safawi, CEO-wireless business, Reliance Communication joins CNBC-TV18 to talk about the performance of the company and highlight the way forward.