INDIA'S THIRD LARGEST telecom operator Vodafone Idea's active subscribers loss in May was the highest in six months, data by the Telecom Regulatory Authority of India showed on Tuesday.
During the month, the company's active user base declined by 1.77 million to 205.3 million.
The reason for Vodafone Idea to lose subscribers can be attributed to lower spends on the network in absence of the fund-raise, according to analysts.
Overall, the telecom operator lost mobile subscribers for the 26th straight month. It lost 2.8 million mobile subscribers during the month, taking its total base to 230.94 million as of May end.
The decrease in VLR (visitor location register) base for Vodafone Idea can be attributed to Gujarat and Mumbai, whereas Maharashtra and Uttar Pradesh (East) reported an increase in their base, brokerage Emkay Global said.
Diese Geschichte stammt aus der August 02, 2023-Ausgabe von Financial Express Mumbai.
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