Bharti Airtel Revenues

ARPUs rising to Rs 300-levels vital, will happen in due course: Airtel CEO

Bharti Airtel CEO Gopal Vittal on Wednesday asserted that Average Revenue Per User (ARPUs) rising to Rs 300-level is "critical" for respectable return of capital employed, and hoped that it will "happen in due course". The top honcho also outlined the 'future of Airtel' strategy entailing broad themes around a resilient and diverse portfolio, rural push into high-potential villages, and opportunities in the top 150 cities, among others. "We believe that ARPU needs to go up and the ARPU of Rs 300 is critical for a respectable return of capital employed. And that is something, we hope will happen in due course of time," Vittal said during an analyst call, a day after the company reported its Q3 FY23 scorecard. After Haryana and Odisha, Bharti Airtel has raised entry-level tariffs from Rs 99 to Rs 155 in 17 circles now. "We took up tariff of entry-level plans from Rs 99 to Rs 155. We are pleased it exceeded our standards in Haryana and Odisha...We have taken this across 17 circles in

4G, revenue growth help Bharti Airtel post 89% rise in net profit

The firm is currently carrying out beta trials of the 5G service in eight cities nationwide, has now seen eight consecutive profitable quarters

Airtel approves allotment of 71.1 mn shares to Google at Rs 734 per share

Google will hold 1.2 per cent of the total post-issue equity shares of the company, Bharti Airtel said

Airtel Q3 results: Net profit falls 3% to Rs 830 cr, revenue rises 13%

'The recent tariff revision for mobile services has gone down well and we are exiting the quarter with an industry leading ARPU of Rs 163,' says CEO Gopal Vittal

Bharti Airtel shareholders approve scheme of VSAT operations merger

Within the promoter and promoter group, 100 per cent of votes cast were in favour of the scheme

Bharti Airtel posts Rs 1,035-cr Dec-quarter loss; revenues, ARPU improve

This is the third quarterly loss in a row for the firm; revenues, ARPU improve

Airtel board clears $3-bn fundraising via QIP, other means, to pay AGR dues

The company has clarified that apart from $2 billion through QIP, the overall issuance for now shall be up to $1 billion, making it a total of $3-billion fund raising

AGR provisioning: Bharti Airtel posts pre-tax loss of Rs 31,334 crore in Q2

Operating performance improved sharply but net loss at Rs 23,045 is the third highest by an Indian corporate in a quarter

Jio woes: Airtel revenue to drop another 2-5% in FY18, says S&P

Bharti Airtel will see another 2 -5 per cent fall in revenue this fiscal before returning to growth in the following year, as stiff market competition keeps pricing under pressure, S&P Global Ratings said today. "The increased competition has resulted in pricing pressure for the incumbents (such as Bharti Airtel) and is likely to continue to dent their revenue growth and profitability until fiscal 2019," it said. As a result, it estimates that Bharti Airtel's consolidated revenue, which is mainly driven by its India business, will fall by another 2-5 per cent in fiscal 2018 before returning to growth in fiscal 2019. S&P's observations comes after Bharti - the country's largest telecom operator - recently reported its lowest quarterly profit in four years as net earnings fell 72 per cent in January-March, hit by "sustained predatory pricing" of rival Reliance Jio. The net profit in the quarter ended March 2017 stood at Rs 373.4 crore (or Rs 0.93 a share), nearly a fourth of