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

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[https://kudretevdenevenakliyat.com/ kudretevdenevenakliyat.com]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 [http://diktyocene.com/index.php/User:AllisonVanzetti EVdeN eVe NaKLiyat] higher revenue per user.<br> The company's consolidated revenue from operations rose to 358.04 billion rupees ($4.33 billion) for [https://evigetir.com/evdeneve/ee.html evDEn EVe nakLiyAT] the three months ended Dec.<br><br>31, from 298.67 billion rupees a year earlier.<br> Analysts, [https://vicharmunch.com/2023/04/05/liz-jones-white-van-man-was-a-lockdown-hero-now-its-total-chaos-11/ eVdeN eVE nakLiYAt] 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, too, increased by 6.4 million to hit 216.72 million.<br> Airtel's average revenue per user (ARPU), [https://evigetir.com/evdeneve/gizlilik.html 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 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. If you beloved this report and you would like to acquire far more details regarding [https://evigetir.com/evdeneve/evden-eve-google.html EvDEN evE nakliyaT] kindly visit our web site. 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://search.yahoo.com/search?p=-%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, [https://evigetir.com/testt.html eVdEN EvE NaKliYAT] which has about 332.24 million subscribers as of the December quarter, [https://informationsecurityworld.com/2023/03/30/alphabet-shares-dive-after-google-ai-chatbot-bard-flubs-answer-in-ad-6/ 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 telecom firms, was at 193 rupees, [https://barbiewiki.com/view/Ex-CNN_Anchor_Files_For_Divorce_-_A_Year_After_Leaving_Network eVden eve NAkLiYaT] logging a 1. If you cherished this article and you also would like to collect more info relating to [https://evigetir.com/uluslararasi.html EvDen EVe nAkLiYaT] i implore you to visit the web site. 6% sequential rise and an 18.4% year-on-year increase.<br> Last month, market leader Reliance Jio, the [http://dig.ccmixter.org/search?searchp=telecom telecom] arm of conglomerate Reliance Industries, said its third-quarter ARPU stood at 178.2 rupees per subscriber per month, [https://evigetir.com/evdeneve/evden-eve-google.html evden evE NaKliyAt] 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 [https://evigetir.com/ntpc/form.html EVden EVE nAKLiYat] 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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