Bharti Airtel Subscriber Base Reaches 308 Million in Q3 FY20, ARPU Increased to Rs 135

Bharti Airtel today announced its consolidated results for the quarter that ended on December 31, 2019. Overall, it’s a good quarter for the telco in terms of subscriber numbers and APRU, however, on the revenue side of things, the company is still struggling. In Q3 FY20, Bharti Airtel subscriber base reached 308 million, up by 1.3% QoQ and 1.8% YoY. Across 16 countries, Airtel’ subscriber base is 419 million. In India, the Average Revenue per User (ARPU) has seen a major boost to Rs 135 from Rs 128 a quarter ago. The telco also says it added the highest number of 4G subscribers around 21 million during the quarter, thanks to the closure of 3G services in various leadership circles. On the revenue side of things, Bharti Airtel posted Rs 1,035 crore net loss along with a consolidated EBITDA of Rs 9,350 crore.

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Airtel 4G Subscriber Base Rises to 123.8 Million

Bharti Airtel has been struggling in the Indian telecom industry for a while now. However, the company is showing some positive signs over the last few quarters. After facing a major slump in the subscriber base, the company has managed to increase it over 300 million in Q3 FY20. At the end of December 31, 2019, Airtel subscriber base has reached 308 million. The major highlight is the company’s 4G user base which is up by 60.6% to 123.8 million compared to 77.1 million we saw in Q3 FY19. In just Q3 FY20, Airtel managed to add nearly 21 million 4G users.