Airtel witnesses highest-ever revenue gain in Q3 2020

India’s second-largest telecom operator, Bharati Airtel Ltd. declares its highest-ever quarterly gained revenue this Tuesday. This high revenue during the Q3 of this year is driven by huge traffics and a hike in regular data usage for remote working and all.

The earlier Indian telecom operators were disrupted a few years ago when Reliance Jio entered into this field. Later, last year all the service providers increase their charges as they were ordered to pay ₹92,000 crores to the government.

This helps Airtel to collect ₹25,785 crores, a 22% rise from the earlier year profit of Rs.21,131 crores. Per-user Airtel got ₹162 during the Q3 instead of ₹128. Besides, 4G data users rose to become 152.7 million.

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The telecom operator, in a stock exchange filing, said, “Total minutes of usage on the network during the quarter were 952 billion, representing a growth of 20.5% as compared to 790 billion in the corresponding quarter last year. Mobile data traffic grew 58.8% to 7,949 billion MBs during the quarter as compared to 5,005 billion MBs in the corresponding quarter last year,” 

In the case of Adjusted Gross Revenue (AGR) dues, Bharati Airtel said that it already cleared over 10% of the total due amount as demanded by the Telecom Department and also ensures to obey the Supreme Court’s order.

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Anupam Modak
A CS Engineer and Tech Enthusiast who likes to fiddle with the latest gadgets and tech happenings around the world.

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