Twimbit
Climate Impact & Sustainability Data (Q2-2024)
Reporting Period: Q2-2024
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Maturation of 4G and 5G networks leading to CAPEX decline for many telcos.
- Revenue growth slowed compared to Q2-2023.
- MTN's revenue decline due to factors in Nigeria and other regions.
- BT's revenue decline in Consumer and Business segments.
- Singtel's revenue decline in Optus and Singtel Singapore.
Mitigation Strategies
- Cost-containment measures and operational streamlining efforts resulted in positive EBITDA change for many telcos.
- Continued incremental top-line growth helped maintain EBITDA margin stability.
- Telcos maintained EBITDA margin stability of 37% due to cost-containment measures, operational efficiency initiatives, and continued incremental top-line growth.
- Bharti Airtel and Reliance continue to exhibit robust and stable EBITDA margins (around 50%), indicating resilience amidst global pressures.
- CAPEX spending across select major geographies like USA, India, China continue to stabilise, owing to lower CAPEX spend by leading telcos.