- BSNL SUBSCRIBER CHURN AT LIFETIME HIGH
The reason for the lowest user churn can be attributed to the improvement in subscriber mix with 4G subscriber additions, according to analysts.
Infact in the July-September quarter, the telecom operator netlost 1.6 million subscribers, which it said was the lowest quarterly subscriber fall since merger. During the earnings call with analysts last month, Vodafone Idea CEO Akshaya Moondra said the lower decline in subscribers was a mixture of a few things combined together. "One is, of course, the market intensity is higher and the overall customer acquisitions and maybe the additions of customers in the industry is also increasing."
"As far as Vi's performance is concerned, I think besides the normal performance improvement that we are focusing on in terms of getting better subscriber additions during the quarter, after a long time while the figure is quite nominal, we've also seen a positive trend on the consumer side of the postpaid business," Moondra added.
This story is from the November 17, 2023 edition of Financial Express Mumbai.
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This story is from the November 17, 2023 edition of Financial Express Mumbai.
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