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Bharti Airtel Q3: ARPU may rise up to 4%, clarity on fund raising plans key

Bharti Airtel is slated to announce to its December quarter earnings today

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Airtel Payments Bank has also been permitted by the UIDAI to resume the on-boarding of customers using Aadhaar based e-KYC

Surbhi Jain New Delhi
Telecom major Bharti Airtel is slated to announce its December quarter earnings today.  The result will be watched for clarity on fundraising plans and commentary on competitive intensity. TIt had reported a 65.4 per cent drop in consolidated net profit at Rs 119 crore for the second quarter ended September 2018.

Bharti Airtel board in December 2018 constituted a committee to explore options for raising funds to strengthen the company's balance sheet. According to reports, the company has plans to raise around $2 billion.

"The company at its meeting held today has formed and authorised 'special committee of

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First Published: Jan 31 2019 | 12:01 PM IST

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