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Vodafone Idea news: Vodafone Idea December active user losses less than in November

Synopsis
The telecom regulatory authority of India (Trai) posted a 9-month high decline of 5.7 million in Vi’s gross subscribers to 284 million, whereas active users felly by 1.5 million to 26.3 million. Meanwhile, as per Vi’s October-December quarter results, its gross mobile subscribers fell only by 2 million. The company reported 270 million subscribers at December-end.
Vodafone Idea’s (Vi’s) loss of 5.7 million subscribers in December 2020, its highest since March, indicates a cleaning-up of its active subscriber base and does not signal a reversal in Vi’s continual trend of arresting its subscriber losses, telecom sector analysts say.
The telecom regulatory authority of India (Trai) posted a 9-month high decline of 5.7 million in Vi’s gross subscribers to 284 million, whereas active users felly by 1.5 million to 26.3 million. Meanwhile, as per Vi’s October-December quarter results, its gross mobile subscribers fell only by 2 million. The company rep ....

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Vodafone Idea: Performance improving; but not enough

Updated Feb 15, 2021 | 13:17 IST
VIL desperately needs to hike tariffs and raise funds. The Board in Sep’20 approved a fund raise of Rs 25,000 cr through a mix of debt and equity.
(Representational Image) | Photo Credit: BCCL
Vodafone Idea is showing some operational improvement with subscriber loss pace slowing, higher 4G net add and rise in data usage, but it will still not be enough. VIL will need to bounce back stronger and limited resources are making it difficult.
Q3 Revenue grew by 1% QoQ to Rs 10,894 cr, led by a 1.7% rise in average revenue per user(ARPU) to Rs 121. The company continued to see subscriber loss but the intensity is coming off. ....

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Annual savings, reduced debt for Airtel, Voda-Idea if SC allows AGR self-assessment

Annual savings, reduced debt for Airtel, Voda-Idea if SC allows AGR self-assessment
As per Goldman Sachs, Airtel could potentially save Rs 4,100 crore annually and Vodafone Idea Rs 5,800 crore annually if Supreme Court lowers AGR liability to self-assessed levels
Manu Kaushik | January 13, 2021 | Updated 22:31 IST
Some reports suggest that Bharti Airtel and Vodafone Idea have filed fresh petitions in the Supreme Court on the Adjusted Gross Revenues (AGR) matter. Under their petitions, the telcos have reportedly asked the apex court to modify its previous order on the AGR dues. The telcos have argued that the actual AGR amount they have to pay is significantly lower than the amount demanded by the Department of Telecommunications (DoT), on account of arithmetical errors in DoT s assessment. ....

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