financetom
Business
financetom
/
Business
/
Bharti Airtel corrects data anomaly; TRAI to publish amended subscriber figures for May
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bharti Airtel corrects data anomaly; TRAI to publish amended subscriber figures for May
Aug 2, 2021 4:49 AM

TRAI subscriber data for the month of May has showed a 1.3 percent decline in each of Bharti Airtel's 26 subscriber circles due to an input error, which has since then been corrected by the company.

It was a strange occurrence, which left people confused as to whether it was a mere coincidence or the result of an error, when the TRAI data for the month of May was released last week. The data reflected that in all 26 telecom circles of Bharti Airtel, there was an identical 1.3 percent decline in subscribers.

This we understand, from the company was due to an inadvertent input error, which has been corrected and the updated circle wise data has been filed with the TRAI. TRAI is expected to publish the corrected data soon.

However, according to the company, this has no bearing on the total pan India subscriber number, which was filed accurately. The company’s total pan India subscribers declined at 4.6 million subscribers on a month-on- month basis, which means Bharti Airtel's subscribers have fallen for the first time in 11 months in the month of May, due to the COVID related restrictions and the impact on the business on the back of that.

However, the circle wise data which was published last week was incorrect and has been corrected by the company and the same will soon be reflected by the TRAI.

(Edited by : Dipika)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Moody's Q1 Adjusted Earnings, Revenue Advance; 2024 Earnings Outlook Narrowed -- Shares Lower Pre-Bell
Moody's Q1 Adjusted Earnings, Revenue Advance; 2024 Earnings Outlook Narrowed -- Shares Lower Pre-Bell
May 2, 2024
07:47 AM EDT, 05/02/2024 (MT Newswires) -- Moody's (MCO) reported Q1 adjusted earnings Thursday of $3.37 per diluted share, up from $2.99 a year earlier. Analysts polled by Capital IQ expected $3.01. Revenue for the quarter ended March 31 was $1.79 billion, up from $1.47 billion a year earlier. Analysts surveyed by Capital IQ expected $1.68 billion. For 2024, the...
Market Chatter: BHP Group Chief Executive Flies to South Africa to Push Anglo American Deal
Market Chatter: BHP Group Chief Executive Flies to South Africa to Push Anglo American Deal
May 2, 2024
07:46 AM EDT, 05/02/2024 (MT Newswires) -- BHP Group ( BHP ) CEO Mike Henry and other executives have flown to South Africa to meet with key stakeholders and advocate on behalf of the company's $39 billion proposed tie-up with Anglo American, Bloomberg News reported Thursday, citing people familiar with the matter. (Market Chatter news is derived from conversations with...
Zimmer Biomet beats Q1 profit estimates on robust demand for knee, hip devices
Zimmer Biomet beats Q1 profit estimates on robust demand for knee, hip devices
May 2, 2024
(Reuters) - Medtech firm Zimmer Biomet Holdings ( ZBH ) beat Wall Street estimates for first-quarter profit on Thursday, on the back of robust demand for its devices that are used in knee and hip reconstruction procedures. Zimmer's results extend a strong quarter for medical device makers, including peer Stryker Corp ( SYK ) which raised its annual profit outlook...
BCE Up 0.3% In US Premarket After Co Rang Up Q1 Earnings and Renenues Miss, But Reconfirmed All 2024 Financial Guidance Targets
BCE Up 0.3% In US Premarket After Co Rang Up Q1 Earnings and Renenues Miss, But Reconfirmed All 2024 Financial Guidance Targets
May 2, 2024
07:49 AM EDT, 05/02/2024 (MT Newswires) -- BCE (BCE.TO), one of Canada's largest communications company, was at last look up 0.3% in US premarket after it reported Thursday a miss on first quarter earnings and revenues. But it did cite its first quarter of year-over-year advertising revenue growth since Q4 2022, and reconfirmed all 2024 financial guidance targets. It also...
Copyright 2023-2026 - www.financetom.com All Rights Reserved