Bharti Airtel is eyeing to reach the target average revenue per user (ARPU) of Rs 300 in five years while the next tariff hike, which is pending this year, will help the company cross Rs 200 mark. The company was able to gain 4G customers even as the shortage of electronic chips led to an increase in the prices of smartphones. The postpaid customer base crossed the 20 crore mark.
Airtel's ARPU, a key metric for all telcos, came in at Rs 178 for the quarter, up from Rs 145 in March 2021 quarter led by healthy flow-through of tariff revision and strong 4G customer additions during the year.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.