Vodafone Idea Q3 loss widens to Rs 7,231 cr; ARPU rises 5.2% QoQ

While the overall subscriber base has declined as a result of the tariff interventions, the 4G subscriber base remained resilient, says CEO Ravinder Takkar

Telecom service provider Vodafone Idea on Friday reported widening of consolidated net loss to Rs 7,231 crore for the quarter ending December 31, 2021. The telco reported net loss of Rs 4,532 crore in the year-ago period.

However, ARPU improved to Rs 115, up 5.2%, as against Rs 109 in Q2FY22.

Ravinder Takkar, MD & CEO, Vodafone Idea Limited, said “We are pleased to announce second consecutive quarter

of revenue growth driven by several tariff interventions taken in last few months. While the overall subscriber base has declined as a result of the tariff interventions, the 4G subscriber base remained resilient