Vodafone Idea Ltd's losses narrowed to ₹7,175 crore in the September quarter, down from ₹8,746 crore a year earlier, as revenues edged up to ₹10,932 crore from ₹10,716 crore. The struggling telecom carrier, however, continued to push for further tariff rationalization across the industry, citing the need to cover capital costs.
Average revenue per user (Arpu)—a profitability indicator—rose to ₹156 from ₹142 a year ago and ₹146 in the prior quarter, driven by tariff hikes in June and the actual effect kicking in from the September quarter.
The Arpu boost reflects broader trends in India's telecom sector, with all major players benefiting from price increases of 10-21% across the board. While larger rivals Reliance Jio and Bharti Airtel raised entry-level 5G tariffs by over 45%, Vodafone Idea saw gains from the rise in 4G rates.
この記事は Mint Mumbai の November 14, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Mint Mumbai の November 14, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Why Crypto Mania Is Reaching New Heights
Donald Trump's victory has a flavour of revenge—not just for the man but also for crypto bros and their assets of choice.
Trump Picks Musk, Ramaswamy For Government Efficiency Effort
President-elect Donald Trump picked Tesla CEO Elon Musk and biotech company founder Vivek Ramaswamy, a former Republican presidential candidate, to lead an effort to cut spending, eliminate regulations and restructure federal agencies.
Donald Trump Is Recruiting A Team Of China Hawks. So Why Is Beijing Relieved?
With the expected appointments of Sen. Marco Rubio and Rep. Mike Waltz to cabinet positions, President-elect Donald Trump is putting together what some China hawks call a tough-on-China "dream team."
Small loans can spell big trouble for Indian banks
Watch out for signs of stress in India's micro-finance sector. Bad loans, even if small, extract a cost by way of reduced profits as well as higher interest charges on credit across the board
India should redesign its public safety signs to save lives
Mind studies suggest that the use of photographs depicting fear could trigger safe behaviour
Burberry is looking like a fine acquisition target this winter
This brand known for its chequered story can surely perform better
The Washington Consensus has collapsed and it won't be missed
The combination of free-market capitalism and electoral democracy that it promoted has failed to serve everyone equitably
India's statistics ministry has a new sense of purpose
The flurry of activity to get India's statistics right is laudable but we await regulatory design clarity
The rupee could suffer collateral damage if a currency war ensues
The US election is a game-changer for foreign-exchange markets that will test the rupee and RBI
PASSIVE INCOME STRATEGIES FOR MSMEs: SECURE GROWTH, STABILITY IN UNCERTAIN TIMES
I Forging diverse passive income streams takes time, but steady approach builds a strong base
