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.

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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,” 

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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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