Vodafone Idea Loss

Debt-ridden Vodafone Idea has sought 30 days more time to pay around Rs. 1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. The company has proposed to pay the amount with interest.

Vodafone Idea reported an increased consolidated loss of Rs. 7,990 crore for the third quarter ended December 31, 2022. The debt-ridden telecom operator’s consolidated revenue, however, increased by 9.29 percent to Rs. 10,620.6 crore from Rs. 9,717.3 crore in the December 2021 quarter.

Reliance Jio, Bharti Airtel cumulatively gained nearly 25 lakh mobile subscribers in November, while Vodafone Idea lost nearly 18.3 lakh customers, according to TRAI data. Reliance Jio cemented its lead in the market adding 14.26 lakh net subscribers in November, whereas Airtel added 10.56 lakh users. The top five service providers constituted over...

India's total mobile subscriber base fell by 3.6 million in September, with Vodafone Idea suffering subscriber count decline even as larger rivals Reliance Jio and Bharti Airtel added users month-on-month, according to telecom regulator's data.

Vodafone Idea on Thursday reported that its Q2 loss had widened to Rs. 7,596 crore on the back of a decline in subscribers and higher expenses for the telecom service provider. The operator said its subscriber base declined to 234.4 million from 240.4 million in the first quarter, while total expenses rose 10 percent to Rs. 18,302 crore.

Telecom giants Reliance Jio, Airtel and Vodafone Idea are expected to make muted bids at the 5G spectrum auction in July. The operators are concerned that they could lose about 40 percent in potential revenues due to the allotment of some airwaves to enterprises for private networks. Jio, Airtel and Vodafone Idea have failed to lobby the government...

Vodafone Idea's board of directors will meet on Wednesday to consider a proposal for raising funds aggregating up to Rs 500 crore

Vodafone Idea gained 4 per cent on Wednesday, a day after the company reported narrowing of its consolidated losses for the quarter ended March.

Reliance Jio registered a loss of over 12.9 million wireless subscribers in December 2021, though it still had the maximum market share at 36 percent, according to a report by TRAI. Bharti Airtel registered 30.81 percent market share after gaining over 450,000 subscribers, and Vi was at 23 percent after losing about 1.6 million users.

Vi may raise mobile services rates this year as well but it will depend on the market reaction to the increase in tariff that the company made in November, a top official of the company said.

Vodafone Idea's shares fell by over 8 per cent on Monday after it reported widening of consolidated loss to Rs 7,230.9 crore for the third quarter

Vodafone Idea (Vi) reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021.

Consolidated revenue from operations declined by 10.8 per cent to Rs 9,717.3 crore from Rs 10,894.1 crore in the year-ago period for Vodafone Idea

Vodafone Idea Ltd. said government doesn't want to actively run the unprofitable phone operator after its board approved a rescue plan

Vodafone Idea Q2 Results: Vodafone Idea's net loss narrowed sequentially to Rs 7,132 crore on a consolidated basis, compared to Rs 7,319 crore in the preceding April-June quarter.

Debt-ridden Vodafone Idea has sought 30 days more time to pay around Rs. 1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. The company has proposed to pay the amount with interest.

Vodafone Idea reported an increased consolidated loss of Rs. 7,990 crore for the third quarter ended December 31, 2022. The debt-ridden telecom operator’s consolidated revenue, however, increased by 9.29 percent to Rs. 10,620.6 crore from Rs. 9,717.3 crore in the December 2021 quarter.

Reliance Jio, Bharti Airtel cumulatively gained nearly 25 lakh mobile subscribers in November, while Vodafone Idea lost nearly 18.3 lakh customers, according to TRAI data. Reliance Jio cemented its lead in the market adding 14.26 lakh net subscribers in November, whereas Airtel added 10.56 lakh users. The top five service providers constituted over...

India's total mobile subscriber base fell by 3.6 million in September, with Vodafone Idea suffering subscriber count decline even as larger rivals Reliance Jio and Bharti Airtel added users month-on-month, according to telecom regulator's data.

Vodafone Idea on Thursday reported that its Q2 loss had widened to Rs. 7,596 crore on the back of a decline in subscribers and higher expenses for the telecom service provider. The operator said its subscriber base declined to 234.4 million from 240.4 million in the first quarter, while total expenses rose 10 percent to Rs. 18,302 crore.

Telecom giants Reliance Jio, Airtel and Vodafone Idea are expected to make muted bids at the 5G spectrum auction in July. The operators are concerned that they could lose about 40 percent in potential revenues due to the allotment of some airwaves to enterprises for private networks. Jio, Airtel and Vodafone Idea have failed to lobby the government...

Vodafone Idea's board of directors will meet on Wednesday to consider a proposal for raising funds aggregating up to Rs 500 crore

Vodafone Idea gained 4 per cent on Wednesday, a day after the company reported narrowing of its consolidated losses for the quarter ended March.

Reliance Jio registered a loss of over 12.9 million wireless subscribers in December 2021, though it still had the maximum market share at 36 percent, according to a report by TRAI. Bharti Airtel registered 30.81 percent market share after gaining over 450,000 subscribers, and Vi was at 23 percent after losing about 1.6 million users.

Vi may raise mobile services rates this year as well but it will depend on the market reaction to the increase in tariff that the company made in November, a top official of the company said.

Vodafone Idea's shares fell by over 8 per cent on Monday after it reported widening of consolidated loss to Rs 7,230.9 crore for the third quarter

Vodafone Idea (Vi) reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021.

Consolidated revenue from operations declined by 10.8 per cent to Rs 9,717.3 crore from Rs 10,894.1 crore in the year-ago period for Vodafone Idea

Vodafone Idea Ltd. said government doesn't want to actively run the unprofitable phone operator after its board approved a rescue plan

Vodafone Idea Q2 Results: Vodafone Idea's net loss narrowed sequentially to Rs 7,132 crore on a consolidated basis, compared to Rs 7,319 crore in the preceding April-June quarter.