Vodafone Idea’s operating income had stood at an 11-quarter high, backed by a growth in its 4G user base and with average revenue per user (ARPU) – a key operational metric - rising 2.1% sequentially to Rs145. ARPU was mainly helped by “change in entry level plan and subscriber upgrades", Vi had said in its earnings statement Monday.
Shares of Vodafone Idea were up 1.3% on Tuesday morning in early trade, a day after the telco narrowed its December quarter net loss to Rs 6989 crore on the back of a one-time exceptional gain as well as lower finance and operational costs, though the stressed telco continued to lose millions of subscribers to its bigger rivals.
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Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.
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