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Airtel: Cost reduction, higher digital recharges to help in coming quarters

This was led by a 1.9 per cent increase in average revenue per user or ARPU to Rs 157, a 13-quarter high

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Net debt also reduced by Rs 2,320 crore to Rs 85,900 crore excluding lease liabilities

3 min read Last Updated : Jul 30 2020 | 5:48 PM IST

In a quarter impacted by Covid-19, Bharti Airtel posted a better than expected performance. The beat on the consolidated revenue and operating profit fronts was driven by India wireless business which recorded a 0.6 per cent sequential fall in revenues, much lower than analyst estimates of a 3-6 per cent decline.

This was led by a 1.9 per cent increase in average revenue per user or ARPU to Rs 157, a 13-quarter high. The ARPU increase, driven by the residual impact of price hikes in December and improving customer mix, is important as it came amid falling subscriber levels, lack of

Topics : Coronavirus Bharti Airtel Telecom

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