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, | + | BENGALURU, Feb 7 (Reuters) - Bharti Airtel Ltd , [https://openclipart.org/search/?query=EVDeN%20EvE EVDeN EvE] [https://evigetir.com/hakkimizda.html 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 [https://evigetir.com/evdeneve/baba.html evdeN EvE nakliYat] 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://wiki.tairaserver.net/index.php/User:ErlindaVeiga29 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, [https://evigetir.com/filomuz.html eVden EVE nakLiYAt] 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 [http://45.9.191.94/mediawiki/index.php/Utilisateur:GladisBrune406 EVdEn EVE nakLiYAT] 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. If you have any type of concerns concerning where and the best ways to use [https://evigetir.com/ee.html EVDEN eVe nAKliyaT], you can contact us at our own web-page. 1% since late October when the company reported September-quarter results that beat analysts' [https://www.biggerpockets.com/search?utf8=%E2%9C%93&term=revenue%20expectations revenue expectations]. (Reporting by Rama Venkat in Bengaluru; Editing by Nivedita Bhattacharjee and Janane Venkatraman)<br> |
