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<\/a> 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 298.67 billion rupees a year earlier.<\/p>\n Analysts, on average, had expected 357.27 billion rupees in revenue, according to Refinitiv IBES data.<\/p>\n Airtel said revenue from its India mobile<\/a> services, which has about 332.24 million subscribers<\/a> as of the December quarter, rose 20.8% to 193.53 billion rupees.<\/p>\n Its 4G data customers, eVDeN eve nakLiyat<\/a> 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, was at 193 rupees, EvdEN eVe naKliYaT<\/a> logging a 1.6% sequential rise and EVdEN EVe NakLiyAt<\/a> an 18.4% year-on-year increase.<\/p>\n Last month, market leader Reliance Jio, eVDEn EvE nAkliyaT<\/a> 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 enjoyed this short article and you would such as to receive even more details pertaining to eVdeN eVe naKliyAt<\/a> kindly browse through our own site. 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 <\/p>\n","protected":false},"excerpt":{"rendered":" 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 […]<\/p>\n","protected":false},"author":21355,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[5078],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/76897"}],"collection":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/users\/21355"}],"replies":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/comments?post=76897"}],"version-history":[{"count":1,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/76897\/revisions"}],"predecessor-version":[{"id":76898,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/76897\/revisions\/76898"}],"wp:attachment":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/media?parent=76897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/categories?post=76897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/tags?post=76897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}