ICICI Securities Ltd | Retail Equity Research Revenues were lower at | 8126.1 crore vs. our estimate of | 8314.5 crore owing to data and non data VAS revenues being lower than expected, impacted by a steeper decline in tariffs that were at 11.5 paisa, down 28% QoQ vs. our estimate of 12.8 paisa, hence leading to data revenues of | 1457.0 crore (down 15% QoQ). Though data volumes grew 16.7% QoQ to 127 billion MB, higher than our estimates of 117.7 MB, growth stayed lower than Airtel, which...