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

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BENGALURU, [https://khangamers.com/qantas-suffers-devastating-drop-in-trust-aussies-once-had-in-airline-2/ eN] 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> 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>[http://platypuscomix.com/onlyme/garfpage.html platypuscomix.com] 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/evden-eve-google-montaj-temizlik-kurulum.html eN] which has about 332.24 million subscribers as of the December quarter, rose 20. If you adored this article and you also would like to be given more info about [https://evigetir.com/montaj.html eN] nicely visit the page. 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, [https://imgur.com/hot?q=market%20leader market leader] Reliance Jio, [https://evigetir.com/evdeneve/hassasnakliye.html vE] 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> The company's consolidated revenue from operations rose to 358.04 billion rupees ($4.33 billion) for [https://netcallvoip.com/wiki/index.php/COLUMN-Low_Visibility_Low_Volatility_Make_Strange_Pairing_:Mike_Dolan EvdEn EVe NaKliYat] 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 [https://www.buzzfeed.com/search?q=subscribers subscribers] as of the December quarter, [https://evigetir.com/evdeneve/anasayfa.html 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), a key performance indicator for eVden EVe nakLiyAT telecom firms, was at 193 rupees, logging a 1.6% sequential rise and EVdEN eVe NaKliYAT an 18.4% year-on-year [https://www.dailymail.co.uk/home/search.html?sel=site&searchPhrase=increase 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. If you adored this informative article as well as you wish to obtain details regarding [https://evigetir.com/evdeneve/evden-eve-google-montaj-fatura-abone.html eVdeN eVe NAKLiYAT] i implore you to go to our internet site. 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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