INSUBCONTINENT EXCLUSIVE:
Vodafone Idea, the country's largest wireless telecom service provider by subscriber base, reported a net loss of Rs 4,873.9 crore in
The telecom major had posted a net profit of Rs 256.5 crore in the corresponding period a year ago
5,889.2 crore in the year-ago period, according to the exchange notification posted by Vodafone Idea after market hours on Friday.Its
first quarter of the current financial year, from 334.1 million in the previous quarter
higher compared to Rs 104 in the previous quarter.The company said its high ARPU subscriber base remained broadly stable."We have taken
certain market initiatives to offer a better value proposition to low ARPU customers and to reduce low-end churn
We have also introduced bigger data bundles at Rs
229/255 offering Unlimited Voice and 2/2.5 GB data per day, to upgrade heavy data users from Rs.169/199 plans, which should improve ARPU
ended 4.84 per cent lower at Rs 9.25 on the BSE ahead of the earnings announcement by the company, underperforming the benchmark Sensex
index which ended 0.14 per cent higher to break a six-day fall.Get Breaking news, live coverage, and Latest News from India and around the
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