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India's Bharti Airtel beats Q3 revenue view on rise in 4G users

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BENGALURU, Feb 7 (Reuters) – Bharti Airtel Ltd , EVDEN evE NAkLiyAt – https://evigetir.com/evdeneve/baba.html 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. The company’s consolidated revenue from operations rose to 358.04 billion rupees ($4.33 billion) for the three months ended Dec.

31, from 298.67 billion rupees a year earlier. Analysts, on average, had expected 357.27 billion rupees in revenue, according to Refinitiv IBES data. Airtel said revenue from its India mobile services, evDeN eVe nAkLiYat – https://evigetir.com/evdeneve/evden-eve-nakliyat-istanbul.html which has about 332.24 million subscribers as of the December quarter, rose 20.8% to 193.53 billion rupees. Its 4G data customers, EvdeN evE NAKLiyAt – https://mythosaur.net/index.php/User:MindaBarela624 too, increased by 6.4 million to hit 216.72 million. 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. Last month, market leader Reliance Jio, the telecom arm of conglomerate Reliance Industries, said its third-quarter ARPU stood at 178. If you treasured this article therefore you would like to receive more info pertaining to evden eVe NAKliYAt – https://evigetir.com/montaj.html nicely visit our own web-page – https://developer.mozilla.org/en-US/docs/Learn/Common_questions/Pages_sites_servers_and_search_engines. 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. Airtel added that mobile data consumption surged by 22.5% to 20.3 GB of usage per customer per month. The company’s net profit for the December quarter climbed to 15.88 billion rupees from 8.3 billion rupees a year ago. Airtel shares closed 0.4% lower at 785.9 rupees ahead of the results.

They had fallen 5.1% since late October when the company reported September-quarter results that beat analysts’ revenue expectations. (Reporting – https://www.usask.ca/facultystaff/articles/tips-for-reporting-incidents.php by Rama Venkat in Bengaluru; Editing by Nivedita Bhattacharjee and EvDEN Eve naKLiYAt – https://evigetir.com/evdeneve/iletisim.html Janane Venkatraman)

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