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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 , 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 [https://www.bbc.co.uk/search/?q=operations%20rose 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. If you liked this article and you would like to receive more facts pertaining to [https://evigetir.com/ntpc/form.html%20-%20K%C2%8Dsayol.lnk EVdeN eVe naKLiyAt] kindly go to our web-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 [https://vanburg.com/mw19/index.php/Spirit_Airlines_Beats_Estimates_On_Strong_Travel_Demand EVDen Eve nAkliyAt] 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, [https://traveller.feuervogel.me/wiki/index.php?title=User:BrittneyJasper EvDen EVe nakliYAT] the telecom arm of conglomerate Reliance Industries, said its [https://www.paramuspost.com/search.php?query=third-quarter%20ARPU&type=all&mode=search&results=25 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 the three months ended Dec.<br><br>31, from 298.67 billion rupees a year earlier.<br> Analysts, on average, [https://evigetir.com/hassasnakliye.html eVdEn evE NakliYaT] 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. If you loved this short article as well as you would want to obtain guidance concerning [https://evigetir.com/evdeneve/tips.html eVdEn eve naKLiYAT] kindly stop by the internet site. 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, market leader Reliance Jio, the telecom arm of conglomerate Reliance Industries, said its [https://hararonline.com/?s=third-quarter%20ARPU third-quarter ARPU] stood at 178.2 rupees per subscriber per month, [https://evigetir.com/hakkimizda.html eVDen EVe NAKliYAT] an increase of only 0.6% from a [https://www.foxnews.com/search-results/search?q=quarter%20ago quarter ago] and [http://www.chungdamfeel.com/bbs/board.php?bo_table=free&wr_id=93160 EVDen Eve nAkLiYAT] 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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