Bharti Airtel Q3 Results

This is the third quarterly loss in a row for the firm; revenues, ARPU improve

The company released its operating highlights for the three months ended September 2019 in a regulatory filing to the BSE, but postponed the release of its Q2 earnings to November 14

The telco's close shave with net loss was saved by deconsolidation of Airtel Payments Bank worth Rs 1,017 crore

Net profit for the three months through December 31 was Rs 86.2 crore ($12.13 million) compared with a profit of Rs 306 crore in the year-earlier quarter

India wireless revenue falls 22%, downtrend continues for fifth quarter in a row

Revenue for the quarter declined 13% to Rs 203.18 bn