Airtel reports third quarterly loss, hints at tariff hikes: Key takeaways
By
Biju Kumar
NEW DELHI: Bharti AirtelNSE 0.52 % on Tuesday reported a bigger-than-expected loss of Rs 1,035 crore, but improvement in mobile average revenue per user (ARPU), highest-ever quarterly rise in 4G users, surge in data traffic and likely tariff hikes were among the key positives. Analysts in an ET NOW poll had projected a loss of Rs 638 crore.
Here’s are key takeaways from Bharti Airtel’s December quarter numbers