Bharti Airtel Q3 earnings tomorrow; here’s what to expect

NEW DELHI: Telecom major Bharti Airtel is expected to announce its earnings for the third quarter tomorrow i.e. Tuesday, February 03.

According to market experts, Bharti Airtel is expected to see a consecutive improvement in wireless revenue in the third quarter of FY20. The focus on consumer uptrend with ‘Airtel Xstream’ and ‘Airtel Thanks’ will complement revenues for the company with growing data subscribers on the network. However, the company’s consolidated EBITDA is likely to decline due to marketing spends towards the launch of Xstream, new tariff plans and last quarter had one-time provision write-back as well.