Difference between revisions of "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, 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> | + | 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 [https://evigetir.com/evden-eve-nakliyat.html EVDen EvE nAKLiyaT] 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, [http://dmonster271.dmonster.kr/bbs/board.php?bo_table=b0703&wr_id=42075 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 193.53 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. For those who have just about any concerns about where by in addition to the way to utilize [https://evigetir.com/evdeneve/uluslararasi.html EvDEn eVE nakLiyat], it is possible to call us from our own web-page. 6% sequential rise and an 18.4% year-on-year increase.<br>[https://www.evdenevenakliyatciyiz.com evdenevenakliyatciyiz.com] 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 [https://evigetir.com/evdeneve/filomuz.html 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 [https://vanburg.com/mw19/index.php/At_The_Beating_Heart_Of_Moscow_Directly_Opposite_The_Kremlin_On_The_Eastern_Side_Of_Red_Square_You_ll_Find_Russia_s_Most_Famous_Shopping_Mall EVdEN eVE naKliYat] Janane Venkatraman)<br> |
Revision as of 23:47, 6 May 2023
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 EVDen EvE nAKLiyaT higher revenue per user.
The company's consolidated revenue from operations rose to 358.04 billion rupees ($4.33 billion) for the three months ended Dec.
31, from 298.67 billion rupees a year earlier.
Analysts, on average, evDen evE nAKLiyaT had expected 357.27 billion rupees in revenue, according to Refinitiv IBES data.
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.
Its 4G data customers, too, increased by 6.4 million to hit 216.72 million.
Airtel's average revenue per user (ARPU), a key performance indicator for telecom firms, was at 193 rupees, logging a 1. For those who have just about any concerns about where by in addition to the way to utilize EvDEn eVE nakLiyat, it is possible to call us from our own web-page. 6% sequential rise and an 18.4% year-on-year increase.
evdenevenakliyatciyiz.com 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 EVdeN eVE nakliyaT a 17.5% climb from a year ago.
Airtel added that mobile data consumption surged by 22.5% to 20.3 GB of usage per customer per month.
The company's net profit for the December quarter climbed to 15.88 billion rupees from 8.3 billion rupees a year ago.
Airtel shares closed 0.4% lower at 785.9 rupees ahead of the results.
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 EVdEN eVE naKliYat Janane Venkatraman)
