Wednesday, February 19, 2025 | 06:34 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Vodafone Idea Q3 loss widens to Rs 5,004 crore, loses 35 million customers

Compared to a 7.1 per cent decline in Q2, the revenue decline slowed on a quarter-on-quarter basis in the third quarter of 2018-19

vodafone idea
Premium

The company also managed to arrest the rapid ARPU decline, with their minimum value recharge and bundled plan offering

Romita Majumdar Mumbai
In its second quarterly results after the merger, Vodafone Idea (VIL) posted a net loss of Rs 5,004 crore, which was higher than Street estimates. 

The December quarter loss was higher than the previous quarter, when the firm had posted a loss of Rs 4,974 crore, primarily on account of network-expansion costs. The telco lost 35 million customers during the quarter. The average revenue per user (Arpu), however, improved. 

Compared to a 7.1 per cent decline in Q2, the revenue decline slowed on a quarter-on-quarter basis in the third quarter of 2018-19. With the company's strategy of focusing on high-revenue

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in