Data consumption per user on Airtel's networks grew by 8.6% QoQ during the first three months of the nationwide COVID-19 lockdown, from 15GB per user per month to 16.3GB. The company's net loss stood at Rs 15,933 due to accounting for the AGR dues that the telco intends to pay over the coming years. Not accounting for "exceptional" items, the net loss is Rs 436 crore, Airtel said in its press release for the quarter. Mobile service revenues stood at Rs 12,877.2 crore, down 0.5% QoQ, and up 18.5% YoY. Mobile ARPU stood at Rs 157, up 1.95% QoQ, up 21.7% YoY. Total data on network at 7,239 petabytes, up 12.2% QoQ, and up 72.7% YoY. Data customer base at 148.57 million, up 0.34% QoQ and up 24.2% YoY. Home customers at 2.449 million, up 1.5% QoQ, up 4.56% YoY. Home customers ARPU at Rs 802, as against Rs 803 in the previous quarter, and Rs 825 in the same quarter in the preceding year. Monthly churn for mobile at 2.2%, down from 2.6% in the previous quarter, and 2.6% in the same quarter in the previous financial year. Voice usage at 994 minutes per customer, up 3% QoQ, and 11.9% YoY. Airtel Q1FY21 financials Net loss: Rs 15,328.4 crore (up 182% QoQ due to accounting for AGR; up 472% YoY) Total revenue: Rs 24,419.2 crore (down 0.9% QoQ, up 16.1% YoY) EBITDA: Rs 7,787 crore (up 4.6% QoQ, up 28.4% YoY) Highlights | Press Release | Results | Key Performance…
- How many crypto exchanges registered with India’s FIU following government notification? March 21, 2023
- Why is Twitter’s move to withhold accounts amid internet shutdown in Punjab problematic? March 21, 2023
- RTI: No details on how many entities have complied with CERT-In’s cybersecurity directions March 21, 2023
- Flipkart Not Required to Take “Action” on Copyright Complaints Under Platform Regulation Rules: Delhi HC March 21, 2023
- RTI: Indian govt says registration on U-WIN “not compulsory” yet for vaccination, but is the information public? March 21, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...