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Bharti Airtel posts 13% rise in quarterly revenue
TIWN
TIWN
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Gurugram, Nov 3 (TIWN) Telecom major Bharti Airtel Ltd has reported profit in the second quarter of current fiscal year on the back of stronger earnings from its mobile services in India and Africa.
The company's average revenue per user (ARPU) — a key performance indicator in the telecoms industry — came in at 153 rupees for the second quarter, up from 143 rupees a year ago. Rival Reliance Jio's ARPU for the same period was 143.6 rupees. Airtel, the country's second-largest telecom firm by subscriber base, has benefited from higher user additions and a jump in data usage due to remote working trends during the COVID-19 pandemic.
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