BENGALURU, Feb 7 (Reuters) – Bharti Airtel Ltd , eVden Eve nAkLiyAT<\/a> India’s No.2 telecom carrier by subscribers, reported a bigger-than-expected increase in third-quarter revenue on Tuesday, eVDen EvE NAkliYat<\/a> helped by 4G subscriber additions and higher revenue per user.<\/p>\n

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. When you loved this informative article and you want to receive more details relating to EvdEn EVE nakLiYaT<\/a> generously visit our own web page. 67 billion rupees a year earlier.<\/p>\n

Analysts, EvdEn EVe nAKLiYAt<\/a> on average, had expected 357.27 billion rupees in revenue, according to Refinitiv IBES data.<\/p>\n

Airtel said revenue from its India mobile services, which has about 332.24 million subscribers as of the December quarter, EvdeN eVe NakliyaT<\/a> rose 20.8% to 193.53 billion rupees.<\/p>\n

Its 4G data customers, too, increased by 6.4 million to hit 216.72 million.<\/p>\n

Airtel’s average revenue per user (ARPU), a key performance indicator for telecom firms, eVden eVE naKLiyat<\/a> was at 193 rupees, logging a 1.6% sequential rise and an 18.4% year-on-year increase<\/a>.<\/p>\n

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 a 17.5% climb from a year ago.<\/p>\n

Airtel added that mobile data consumption surged by 22.5% to 20.3 GB of usage per customer per month.<\/p>\n

The company’s net profit for the December quarter climbed to 15.88 billion rupees from 8.3 billion rupees a year ago.<\/p>\n

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 Janane Venkatraman)<\/p>\n<\/div>\n

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