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

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> Airtel's average revenue per user (ARPU),  [https://evigetir.com/anasayfa.html eVdEN evE nAKliyaT] 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,  [https://errare-humanum-est.org/index.php?title=Utilisateur:ErwinHuckstep Evden eVE NAkliYAt] said its third-quarter ARPU stood at 178.2 rupees per subscriber per month,  [https://evigetir.com/iletisim.html EvDEN EVe nakLiyAT] an [https://healthtian.com/?s=increase increase] of only 0.6% from a quarter ago and  [http://fastatour.com/buyers-are-rushing-to-resale-websites-to-snatch-up-12/ evdeN EVE NakliYat] a 17.5% climb from a year ago.<br> Airtel added that mobile data consumption surged by 22. If you adored this article along with you wish to get guidance about [https://evigetir.com/ee.html EvDen EVe NakLiyat] [https://www.martindale.com/Results.aspx?ft=2&frm=freesearch&lfd=Y&afs=generously generously] stop by our site. 5% to 20.3 GB of usage per customer per month.<br> The company's net profit for  [https://evigetir.com/evdeneve/filomuz.html 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 5.1% 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>