GTPL Hathway's Q1 numbers were in line with estimates. In an interview to CNBC-TV18, Piyush Pankaj, Head-Investor Relations of the company spoke about the results and his outlook for the company.
Activation revenue has increased 34 percent, said Pankaj.
However, as per Indian Accounting Standards (IndAS), activation revenue has to be divided in a 5-yearly timeline.
GTPL Hathway is currently focussed on broadband business, said Pankaj.
He expects an improvement in average revenue per user (ARPU) during phase 3 and phase 4.Watch accompanying video for more details.