Bharti Hexacom

“Our capex is directed towards 5G densification, network modernization and growing our homes and IPTV business.”

“Coming to your question of capex, I think 5G densification is a big objective that is there. Fiberization continues to remain a big job to be done.”

“As of now we seem to be in a very comfortable position in terms of net debt to EBITDA. We would like to be there, but if there is a call we will certainly spend adequate money to drive competitive and profitable growth”

“Our homes, office and other businesses continue to see strong momentum with net adds of 75k resulting in revenue growth about 8% sequentially.”

“How many cities of that 400 cities are in these two circles, we can get back to you on that. My sense it would be close to about 15 or 17 of them, but what is important is to understand the demographics of these two circles.”

“There is no fundamental change either in the assumption of how big is the market to how we need to gain share and three, how we need to price our offerings and give converged solutions.”

“You see a change in this quarter and as mentioned, you will, again, see unwinding of this change because we have already moved into this.”

“we are seeing a steady growth in the number of postpaid customers getting added quarter-on-quarter.”

“Having said that, I think, in Northeast we have a very, very comfortable position in terms of competitively being placed well. Rajasthan is a far more competitively heated market”

“We see a higher trend of customer additions towards the second half of the year, which has been a pattern demonstrated over the years.”

“how this inflation impacts the customer wallet is yet to be seen, but at this point we would see no impact from that.”

“So, the competitive intensity is as much in these circles as it is in any other circle.”

“you would see a certain seasonality in customer depletions both in the industry as well as in each operating Company.”

“EBITDAaL for the quarter came in at about Rs.1210 Crores with a margin of 48.2%.”

“Primarily one is about the seasonal impact because of which solar based towers are giving us some benefit and there are also some one offs in the quarter, so on a trend basis, it is more or less trending in the same direction.”

“The depreciation that you see a little higher is, first of all, there is one day extra, so you see a little more. Also, the IPTV rollout has led to some increasing depreciation of Hexacom.”

“Well, it is a reasonably right understanding, but at the EBIT level, you have depreciation of the fiber also coming in, so I think, if you look at EBIT, it is not very different from one or the other.”

“Coming to EBIT margin, see, whenever we start CPE based business, until we reach a critical mass, there are certain costs which do not get leveraged.”

“Our operating free cash generation, which is EBITDAaL minus capex, came in at about Rs.830 Crores.”

“Balance sheet remains robust with the net debt excluding leases at about Rs.960 Crores and net debt excluding leases to EBITDAaL ratio improving to 0.2.”

“I do not think we have seen the full impact of diesel in the quarter, but as Karthik mentioned, the seasonality allows for more solar energy generation and we have ramped up our solar sites, which has helped a bit”

“I do want to reiterate that the longer-term pricing architecture of the industry still needs to be repaired and the industry must charge for data consumption.”

“In addition, driving global memory and chipset pricing have also challenged FWA economics.”

“with revenue at Rs.2510 Crores growing 4% sequentially”

“We ended the quarter with mobile customer base of 29 million with net customer additions for the quarter coming in at about 210,000.”

“Smartphone customer additions were strong at 344,000.”

“ARPU for the quarter was 259. We have benefited from one extra day as well.”

“we do not have the large B2B play, which the parent entity has in terms of Cloud or more importantly data center”