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Bharti Airtel Ltd.
31 Oct 2019
1839.10
0.42%
ICICI Securities Limited
On the India wireless revenue front, this was the third consecutive quarter of revenue growth. India wireless revenue came in at | 10981 crore (up 1.1% QoQ, with ARPU of | 128, down 0.8% QOQ largely due to consolidation of TTSL customers. In the non-wireless segment, a key positive surprise was digital TV revenue growth of 6.8% QoQ and Airtel business revenue growth of 3.8% QoQ. The company added 7.9 million (mn) 4G subscribers during the quarter. The 4G base is now at 103.1 mn as on Q2FY20. The company indicated it would continue to push ARPU upwards through prudent tariff...
Bharti Airtel Ltd. is trading above all available SMAs
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