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

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BENGALURU, [http://www.wellnesslounge.biz/testimonials/thelinksinc/ EVdEN eVE naKLiyaT] Feb 7 (Reuters) - Bharti Airtel Ltd , evDeN Eve NAkLiyAt 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, 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 telecom firms,  [https://evigetir.com/evdeneve/evden-eve-nakliyat-istanbul.html EVDen EVE NAkliyAt] was at 193 rupees, logging a 1. For more regarding [https://evigetir.com/ee.html eVDeN eVE NAkLiYAt] have a look at our site. 6% [https://www.paramuspost.com/search.php?query=sequential%20rise&type=all&mode=search&results=25 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 [https://www.b2bmarketing.net/en-gb/search/site/third-quarter 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) [https://www.gov.uk/search/all?keywords=-%20Bharti - Bharti] Airtel Ltd , India's No.2 telecom carrier by subscribers, reported a bigger-than-expected increase in third-quarter revenue on Tuesday, [https://karmadishoom.com/a-little-girl-has-been-found-protecting-her-younger-brother-after-they-were-trapped-under-the-debris-of-their-collapsed-home-22/ EVDeN eVE NAkLiyaT] 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, [https://evigetir.com/evdeneve/tips.html Evden evE Nakliyat] 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, [https://www.blogher.com/?s=increased 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,  [http://www.daghmiagri.com/index.php/component/k2/itemlist/user/159232 EVdeN EvE NakLiyaT] logging a 1. Here is more information about [https://evigetir.com/evdeneve/montaj.html EVdEn EVE NaKliyAT] visit the web site. 6% sequential rise and an 18.4% year-on-year increase.<br> Last month, EVdEN eVe nakliYat 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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