Vodafone Idea reported a smaller loss of Rs 7,176 crore in the September quarter, helped by tariff increases that boosted revenue to Rs 10,932 crore. Despite an 8% rise, its ARPU of Rs 166 still trails rivals Jio and Airtel. The company’s user base shrank to 20.5 crore, leading to a network expansion drive to improve 4G coverage and speeds.
Related Posts
FDA approves Cobenfy: A breakthrough Schizophrenia treatment after decades
The US FDA has approved Bristol Myers Squibb’s new oral medicine, Cobenfy, for treating schizophrenia in adults. This approval introduces a novel pharmacological approach after […]
Lulu Retail Holdings IPO: Indian businessman Yusuff Ali-founded Lulu kicks off one of UAE’s biggest IPOs this year
Lulu Retail Holdings, a leading hypermarket chain in the Middle East, has initiated its IPO process, potentially the UAE’s largest this year. Scheduled between October […]
Realign supply chains, avoid risk concentration: FM Sitharaman to cos
Finance Minister Nirmala Sitharaman urged industries to diversify supply chains, considering political and strategic factors beyond economics. She emphasized the need to avoid over-reliance on […]