Bharti Airtel's ARPU rises to Rs 200 in Q1FY24, up 9% YoY
Bharti Airtel says that it exited the quarter with an industry-high ARPU of Rs 200, compared to Rs 193 in Q4FY23 and Rs 183 in Q1FY23. «We continue to deliver industry leading ARPU along with growing average data usage per data customer at 21.1 GBs/month,» the company statement read.Bharti Enterprises chairman Sunil Mittal had earlier indicated that the average revenue per user (ARPU) needs to reach at least Rs 300, and prices are expected to increase with 5G but will still remain affordable.
“The prices need to go up. We all know that.
We need an ARPU of Rs 300 a month which is still, by far, the cheapest given that users are consuming 60 gigabytes (GB) of data a month. So, India needs to have an appropriate pricing mechanism,” media reports said, citing Mittal.
The remark came during an interview in Davos. “I hope we will get to that point,” he further stated.
Mittal, also the chairman of Bharti Airtel, told the publication that the telco's 5G roll outs will only accelerate with time. Airtel is deploying 5G nonstandalone (NSA) network across India, in contrast, rival Reliance Jio is rolling out 5G standalone (SA) network across the country.
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