Bharti Airtel dials Arpu at Rs 200 a month in Q1

Leading telecom operator Bharti Airtel has broken a 10-year jinx of sorts to touch the magic Arpu figure of Rs. 200 a month. Arpu is a critical metric for a telco, capturing the monthly average revenue per user. Against Bharti Airtel’s April-June FY24 montly Arpu at Rs. 200, Reliance Jio — with highest subscribers… Continue reading Bharti Airtel dials Arpu at Rs 200 a month in Q1

Bharti Airtel’s consolidated Q1 net profit up marginally at Rs 1,612 crore

Bharti Airtel reported a slight increase in consolidated net profit to Rs 1,612 crore in the first quarter (April-June) of FY24, up from Rs 1,607 crore during the same period last year. Sequentially, however, the net profit nearly halved from Rs 3,005.6 crore in Q4FY23. The company’s consolidated revenue for Q1FY24 increased 19… Continue reading Bharti Airtel’s consolidated Q1 net profit up marginally at Rs 1,612 crore

Bharti Airtel to target SMBs market with Airtel IQ messaging platform

Telecom operator Bharti Airtel is looking to garner a major share in enterprise communication services segment of small and medium businesses with its new Airtel IQ Reach platform, a senior company official said on Tuesday. Airtel’s communications platform as a service (CPaas) Airtel IQ Reach will enable small and medium businesses to engage… Continue reading Bharti Airtel to target SMBs market with Airtel IQ messaging platform