Voda Idea Q2 loss narrows to Rs 7,176 crore

Quick Summary:

Vodafone Idea reported a smaller loss of Rs 7,176 crore in the September quarter, thanks to tariff hikes that boosted revenue.

Despite this, the company's average revenue per user (ARPU) still trails behind rivals Jio and Airtel.

Vodafone Idea continues to lose subscribers, ending the quarter with 20.5 crore users, significantly fewer than its competitors.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaJapanNew ZealandSri Lanka

Topics: 4G expansion ARPU growth Consolidated loss Business news Average revenue per user Vodafone Idea Telecom industry Customer loss

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 03:11:57 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 510 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23575571

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