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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 , [https://www.ourchangingnature.com/community/index.php?title=COLUMN-Low_Visibility_Low_Volatility_Make_Strange_Pairing_:Mike_Dolan eVden EVe nAKLiyat] India's No.2 telecom carrier by subscribers, reported a bigger-than-expected [https://www.savethestudent.org/?s=increase increase] in third-quarter revenue on Tuesday, helped by 4G subscriber additions and [https://evigetir.com/evdeneve/hassasnakliye.html EVden EVE nAKliYaT] [https://evigetir.com/filomuz.html EvDEN evE nAKliyaT] [https://www.octovan.com NakLiYAt] 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, [https://successionwiki.co.uk/index.php/N._American_Pipeline_Operator_Enbridge_Swings_To_Loss_On_1.86_Bln... EVDEN evE NAkLiyAT] 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. If you have any kind of concerns regarding where and ways to use [https://evigetir.com/evdeneve/iletisim.html evDeN EvE naKLiyAT], you can call us at the internet site. 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 18.4% 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, 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 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) - 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>[https://www.motherbedford.com/ motherbedford.com] 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, [https://evigetir.com/evdeneve/tips.html EVdeN EVE naKliYaT] which has about 332.24 million subscribers as of the December quarter, [http://kisouv.com/viewtopic.php?id=84772 EvdeN eVe nAKLiyAt] 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), [https://xxxadultfind.com/index.php/Airbus_And_Qatar_Airways_Settle_Bitter_A350_Jet_Row EVdEn eVE nAKLiyAT] 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, an increase of only 0.6% from a quarter ago and [https://evigetir.com/evdeneve/depolama.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. Should you cherished this information in addition to you would want to obtain more details with regards to [https://evigetir.com/evdeneve/evden-eve-nakliyat-istanbul.html EvdeN EVE nAKLiYaT] generously check out our own web site. 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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