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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, reported a bigger-than-expected increase in third-quarter revenue on Tuesday, [https://evigetir.com/evdeneve/depolama.html 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. If you loved this posting and you would like to receive more facts concerning [https://evigetir.com/ee.html eVdEn EVe nakLiyAt] kindly stop by the web site. 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, rose 20.8% to 193.53 billion rupees.<br> Its 4G data customers, [http://www.wc3ffr.com/index.php/Safety_Improved_On_World_apos;s_First_Liquid_Hydrogen_Carrier_After... eVdeN Eve NakliYaT] 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://www.huffpost.com/search?keywords=telecom telecom] firms, was at 193 rupees, logging a 1.6% sequential rise and an 18.4% year-on-year increase.<br> Last month,  [http://chungwooh.com/bbs/board.php?bo_table=free&wr_id=9131 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 [https://www.deer-digest.com/?s=rupees%20ahead 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://timesofindia.indiatimes.com/topic/Airtel - Bharti] Airtel Ltd , EVdEn EVE NakliYAT India's No.2 telecom carrier by subscribers, [http://krpmarketingdigital.com/2023/05/15/rich-kid-who-never-had-a-paid-job-gets-a-taste-of-the-skint-life-22/ 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, 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, was at 193 rupees, logging a 1.6% sequential rise and an 18.4% year-on-year increase.<br> Last month,  [https://evigetir.com/evdeneve/evden-eve-nakliyat.html 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. If you liked this post and also you would want to obtain guidance concerning [https://evigetir.com/evdeneve/evden-eve-google-tasinma.html EvdEn EVe naKLiYAt] generously visit our page. 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>[https://evigetir.com/evdeneve/baba.html evigetir.com] 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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