Mauritius Telecom’s revenues pass the MUR8 billion mark

Mergers, Acquisitions and Financial Results

Mauritius incumbent telco Mauritius Telecom has announced the company’s financial results for the year ending 31 December 2012, with 3% increase in operating revenues to MUR8 billion (USD259.32 million) compared to the MUR7.77 billion reported in 2011, while revenue from the mobile segment was MUR3.6 billion, representing 3.28% growth over 2011.

Mauritius Telecom stated a marginal growth in pre-tax profit of 0.7% to reach MUR2.6 billion in the calendar year 2012, although profit after tax decreased by 4.1% year-on-year to MUR1.8 billion from MUR1.9 in 2011. The group’s capital expenditure remained at MUR1.5 billion for a second year.

By the end of 2012, Mauritius Telecom reported 752,000 mobile, 138,500 broadband (including nearly 69,000 My.T subscribers) and 345,000 fixed line customers. Its fibre-to-the-home (FTTH) network had 550 subscriptions, and the company estimates that a further 8,000 customers will be signed up by the end of 2013.