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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, evDeN Eve NAKliYaT 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,  [http://hackfabmake.space/index.php/The_Chinese_Spy_Balloon EvdEn EVe NAkliYAT] on average, had expected 357.27 billion rupees in revenue,  [https://evigetir.com/evdeneve/evden-eve-nakliyat.html EVDen evE NAKLiyat] according to Refinitiv IBES data.<br> Airtel said revenue from its India mobile services, which has about 332. When you have any kind of concerns regarding where and also tips on how to utilize [https://evigetir.com/montaj.html eVden evE nAkliYAt], you can e-mail us at our own 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,  [https://wiki.darkworld.network/index.php/A_Mexican_Soccer_Icon_Entered_Politics._Prosecutors_Say_Narcos... EVdEn EVE naKliYat] 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 [https://search.usa.gov/search?affiliate=usagov&query=customer 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> [https://www.paramuspost.com/search.php?query=Airtel%20shares&type=all&mode=search&results=25 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 the three months ended Dec.<br><br>31, from 298.67 billion rupees a year earlier.<br> Analysts, on average,  [https://zebu-air.com/community/profile/ouidas250358163/ evdEN eVE nakliyaT] had expected 357.27 billion rupees in revenue,  [https://evigetir.com/evden-eve-google.html eVdEN EVE NAKliyat] according to Refinitiv IBES data.<br> Airtel said [https://www.answers.com/search?q=revenue 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 [https://evigetir.com/index.html eVdeN Eve NAkLiYAT] telecom firms,  [https://evigetir.com/evdeneve/tips.html eVDEN eVe nAKLiyat] was at 193 rupees, logging a 1.6% sequential rise and [http://wiki.antares.community/index.php?title=Landing_FedEx_Plane_Almost_Crashes_Into_Southwest_Plane_On_The_Runway eVDEN evE nAKLiyaT] 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>If you loved this short article and you would like to receive more info about [https://evigetir.com/tips.html EVDeN Eve NAKliYAt] generously visit our own web-page. 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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