Airtel ARPU, Capex, 4G subscriber growth, revenue in Q3

Bharti Airtel has posted the highest ever quarterly revenue of Rs 26,518 crore – registering 24.2 percent growth — during the December quarter of fiscal to drive TD-LTE base station growthAirtel India business witnessed highest ever quarterly revenue of Rs 19,007 crore – reporting 25.1 percent increase.

Mobile services revenues grew 32.4 percent led by improving realizations coupled with strong customer additions.

Airtel Business revenues increased 9.2 percent on the back of demand for connectivity and solutions.

“This consistency in performance was across every part of our portfolio, as reflected in market share growth across all our business segments. This has been made possible due to our agility and the re-orientation of our business model,” Gopal Vittal, MD and CEO of Airtel India & South Asia, said in a statement.

Airtel reported consolidated EBITDA of Rs 12,178 crore with EBITDA margin of 45.9 percent.

Airtel India posted EBITDA of Rs 8,589 crore with EBITDA margin of 45.2 percent.

Airtel’s 4G customer base increased by 12.9 million for the third quarter to reach 165.6 million.

Mobile ARPU of Airtel increased to Rs 166 in Q3 from Rs 135 in Q3 fiscal 2020.

Airtel recorded over 190 million digitally engaged active users.

Airtel added 215,000 customers in the homes business. Digital TV business added 485K customers, base increases to 17.9 million in Q3’21.

The capital expenditure of Airtel in India and Africa for the third quarter was Rs 68,638 million as compared to Rs 50,220 million in the corresponding quarter last year and Rs 65,833 million in the previous quarter

Airtel India’s capex touched Rs 42,049 million. The company continued to accelerate site deployment and reduce coverage gaps. During the quarter, the company added 7.4K new towers in Q3’21 vs 5K in Q2’21.