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India apos;s Bharti Airtel Beats Q3 Revenue View On Rise In 4G Users

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BENGALURU, Feb 7 (Reuters) - Bharti Airtel Ltd , India's No.2 telecom carrier by subscribers, reported a [https://www.energias-renovables.com/renovablesen-CHILE/Remarkable-expected-increase-in-biomass-for-energy-needs-forethought bigger-than-expected increase] in third-quarter revenue on Tuesday, [http://fastatour.com/the-real-housewives-of-salt-lake-citys-18/ eVdEN EVe nAKLiyAt] helped by 4G subscriber additions and higher revenue per user.<br> The company's consolidated revenue from operations rose to 358.04 billion rupees ($4.33 billion) for the three months ended Dec.<br><br>31, from 298.67 billion rupees a year earlier.<br> Analysts, [https://evigetir.com/evdeneve/gizlilik.html eVDEN EVe NAKliyAt] on average, had expected 357.27 billion rupees in revenue, [https://evigetir.com/evdeneve/index.html evdEn evE nakLiYaT] according to Refinitiv IBES data.<br> Airtel said revenue from its India mobile services, which has about 332.24 million subscribers as of the December quarter, rose 20.8% to 193.53 billion rupees.<br> Its 4G data customers, too, increased by 6.4 million to hit 216.72 million.<br> Airtel's average revenue per user (ARPU), a key performance indicator for telecom firms, was at 193 rupees, logging a 1.6% sequential rise and an 18. Should you adored this post along with you want to get more info with regards to [https://evigetir.com/evdeneve/evden-eve-google-montaj-fatura-abone.html evden EVe nakliYaT] kindly visit our web site. 4% year-on-year increase.<br> Last month, [http://parkerfrench.net/head-of-epsom-college-25/ eVdEN EvE NakliYAt] market leader Reliance Jio, the telecom arm of conglomerate Reliance Industries, said its third-quarter ARPU stood at 178.2 rupees per subscriber per month, an increase of only 0.6% from a quarter ago and a 17.5% climb from a year ago.<br> Airtel added that mobile data consumption surged by 22.5% to 20.3 GB of usage per customer per month.<br> The company's net profit for the December [https://en.wikipedia.org/wiki/Half_Dome quarter climbed] to 15.88 billion rupees from 8.3 billion rupees a year ago.<br> Airtel shares closed 0.4% lower at 785.9 rupees ahead of the results.<br><br>They had fallen 5.1% since late October when the company reported September-quarter results that beat analysts' revenue expectations. (Reporting by Rama Venkat in Bengaluru; Editing by Nivedita Bhattacharjee and Janane Venkatraman)<br>
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BENGALURU, Feb 7 (Reuters) [https://www.academia.edu/people/search?utf8=%E2%9C%93&q=-%20Bharti - Bharti] Airtel Ltd , India's No.2 telecom carrier by subscribers, reported a bigger-than-expected increase in third-quarter revenue on Tuesday, helped by 4G subscriber additions and higher revenue per user.<br> The company's consolidated revenue from operations rose to 358.04 billion rupees ($4.33 billion) for the three months ended Dec.<br><br>31, from 298.67 billion rupees a year earlier.<br> Analysts, on average, had expected 357.27 billion rupees in revenue, according to Refinitiv IBES data.<br> Airtel said revenue from its India mobile services, which has about 332.24 million subscribers as of the December quarter, rose 20.8% to 193.53 billion rupees.<br> Its 4G data customers, [http://analogphonic.net/bbs/board.php?bo_table=free&wr_id=81912 evDEN Eve naKliyat] too, increased by 6.4 million to hit 216.72 million.<br> Airtel's average revenue per user (ARPU), a key performance indicator for telecom firms, was at 193 rupees, logging a 1.6% sequential rise and an 18.4% year-on-year increase.<br> Last month, market leader Reliance Jio, the telecom arm of conglomerate Reliance Industries, said its third-quarter ARPU stood at 178.2 rupees per subscriber per month, [https://evigetir.com/index.html EvDen eVE nakliyaT] an increase of only 0. If you beloved this article therefore you would like to get more info regarding [https://evigetir.com/evden-eve-nakliyat.html evDEn EVe NAkLiYAt] kindly visit the site. 6% from a quarter ago and [https://evigetir.com/evdeneve/hakkimizda.html EVdeN eVe NaKLiyaT] a 17.5% climb from a year ago.<br> Airtel added that mobile data consumption surged by 22.5% to 20.3 GB of usage per customer per month.<br> The company's net profit for the December quarter climbed to 15.88 billion rupees from 8.3 billion rupees a year ago.<br> Airtel shares closed 0.4% lower at 785.9 rupees ahead of the results.<br><br>They had fallen 5.1% since late October when the company reported September-quarter results that beat analysts' revenue expectations. (Reporting by Rama Venkat in Bengaluru; Editing by Nivedita Bhattacharjee and Janane Venkatraman)<br>

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