Vodafone Idea: Performance improving; but not enough : vimar

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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