EBITDA grew by a robust 7% QoQ to INR66b (5% beat), with the margin expanding 150bp QoQ (200bp beat) to 32.2%, led by a turnaround in the India wireless business margin (+410bp QoQ). One of the notable features of the 4QFY19 results was the strong turnaround in the India wireless business, where revenue increased 4% QoQ (3% beat). This can be attributed to (a) a lesser churn and an accelerated shift of low-ARPU subscribers to minimum recharge plans and (b) an improving incremental broadband market share. Accordingly, EBITDA grew by a stellar 27% QoQ to INR24.7b*. In USD terms, Africa revenue stood flat QoQ, but a sharp decline in opex facilitated healthy 6% QoQ EBITDA growth. This, along with the increasing shift of feature phone subscribers to smartphones and the thrust on improving the MBB share (with re-launch of Airtel Thanks), augur well for Bhartis India wireless business.