Airtel’s India metrics strong in Q2, revenue surpasses estimates: Analysts

New Delhi: Bharti Airtel has delivered “solid” all round performance in the September quarter with revenue surpassing estimates, while its India mobile metrics logged improvement in key areas like growth in total subscribers without ARPU dilution, and 4G additions, according to analysts. ICICI Securities said Bharti Airtel’s second quarter numbers underlined “superior execution” in India mobile and other segments.

“Bharti’s India mobile print shows marked improvement in many areas such as growth in total subs without ARPU dilution which shows quality of customer addition; lower churn rate increasing life-time value of customers and continued delivery of 4G net add, which has now likely matched the market leader,” it said in a report on Tuesday.