Bharti Airtel's Q2 profit surges 3-fold to ₹3,593 cr on strong growth in India, Africa
The company’s Q2 performance was supported by tariff hikes, enhanced ARPU, and ongoing customer shifts from 2G to 4G.
The company’s Q2 performance was supported by tariff hikes, enhanced ARPU, and ongoing customer shifts from 2G to 4G.
Spectrum was acquired in 2016 and these liabilities carried an interest rate of 9.3%, says Airtel
The shares will be acquired through Bharti Televentures UK. The firm will first purchase a 9.99% stake in BT Group, with the remaining 14.51% to follow upon receiving regulatory approvals.
Airtel’s mobile services India revenue grew 11.5% YoY, led by continued 4G customer additions and an increase in ARPU to ₹193