The rate hikes helped grow the average revenue per user (ARPU) by 7.3% from a quarter earlier to Rs195.10 for India’s telecom market leader. But it lost 10.9 million subscribers from the prior quarter to mainly state-run Bharat Sanchar Nigam Ltd that didn’t raise rates, said analysts. This was the first time in 12 quarters that it posted a fall in subscriber count.
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