Bharti Airtel chief executive (India and South Asia) Gopal Vittal has said that the current average revenue per user (ARPU) of the company is not sustainable. Currently the ARPU of the company stands at Rs 153 with an increase of Rs 7 in a single quarter. The company expects it to reach to Rs 200 in short term and Rs 300 in the long run.
Airtel recently announced its Q2FY22 results. The operator’s consolidated net profit increased to Rs 11.34 billion during the quarter ended September 2021. Further, Airtel’s net income increased by Rs 7.22 billion on account of transfer of spectrum right to another telecom operator during the quarter.
Vittal noted that the company was able to grow mobile net additions at 2.2 million and 4G customers at 8.1 million despite a substantial tariff increase at the lower end of the market. The operator has witnessed a strong customer growth of close to half a million in a single quarter.
Bharti Airtel’s overall customer base has grown to 3.8 million.
