Bharti Airtel reported a 18% year-on-year increase in revenues on an underlying basis for the quarter ending March 31. For the year to March 31, revenues were up almost 11% to 875 billion Indian rupees (11.56 billion US dollars). In India, mobile revenues rose 22% in the quarter led by an increase in the operator's 4G customer base coupled with improved tariffs. Airtel said that mobile ARPU for the quarter was 154 rupees (2.04 dollars) up from 123 rupees a year earlier, underlining that the disruptive price wars in India's telecoms sector are now over. Source: Airtel statements.