Vodafone Idea Lost Customers Base Dropped To 387.2, Lost 35.1 Million Consumers in Q3 FY19

Vodafone Idea Ltd has now unveiled its results for the quarter ended on December 31, 2018. Like Bharti Airtel, Vodafone Idea also lost a large number of subscribers base during the quarter due to the introduction of the minimum recharge starting from Rs 23. The telco’s 4G customer base saw an increase of 9.5 million to 75.3 million and it reported the overall consolidated loss of Rs 5,005.7 crore for the quarter. Recently, Vodafone Idea announced the integration of 25% of the radio network in eight service areas and this quarter will increase.

Telecom operator Vodafone Idea on Wednesday reported a consolidated loss of Rs 5,005.7 crore for the third quarter of 2018-19. Vodafone Idea’s books recorded a huge loss of Rs 1,284.5 crore in the corresponding quarter a year ago. However, the year-by-year figure is not comparable because the merger between Vodafone and Idea is completed on August 31, 2018.

Financial Statistics

However, the damage extended on a quarterly basis on the quarter. Total income of Vodafone Idea stood at Rs 11,982.8. In the previous July-September quarter, the income increased by 52% to Rs. 7,878.6 crore.

Vodafone said, “The initiative taken during the quarter has begun to show encouraging trends by the end of the quarter. We are moving forward faster than a specialization on the network front, and we are going to meet our coordination goals. Are well on track. ” Idea CEO Balesh Sharma

A year ago, the total income of books was recorded at Rs 6,551.6 crore in the corresponding quarter. “We have been focused on strengthening our coverage in key districts by expanding our coverage and capacity of 4G networks, and targeting newer than 4G customers, while our customers have an extended network experience. In the strong position to achieve our strategic goals, Sharma said, the income generated from declared capital will put us.

Telecom operator Vodafone Idea on Wednesday reported a consolidated loss of Rs 5,005.7 crore for the third quarter of 2018-19. Vodafone Idea’s books recorded a huge loss of Rs 1,284.5 crore in the corresponding quarter a year ago. However, the year-by-year figure is not comparable because the merger between Vodafone and Idea is completed on August 31, 2018.

However, the increase on a quarterly basis on the basis of a quarterly loss. Total income of Vodafone Idea stood at Rs 11,982.8. In the last July-September quarter, the income increased by 52% to Rs. 7,878.6 million

Vodafone said, “The initiative taken during the quarter has started showing encouraging trends by the end of the quarter. We are moving faster than the expertise on the network front, and we go to meet our coordination goals. “Ideas CEO Balesh Sharma

Vodafone Idea Consumer Access Highlights Q3 during Fiscal Year 19

Moving on an important aspect – Consumer habits; Consumers of Vodafone Idea consumes 2705 billion MB of data during this quarter and this number has increased by 11.5% compared to the previous quarter. Average monthly data per month improved 6.2GB versus 5.6GB, which was reported a quarter ago. During the quarter, the network fell 2.6% in total minutes, due to the onset of minimum recharge plans.

On the content side, Vodafone Idea has recently partnered with Sun TV to offer the best South content from Sun Next in four major South Indian languages – Tamil, Telugu, Malayalam, and Kannada.

Conclusion

Despite the loss of 35.1 million subscribers during the quarter, the ARPU of Vodafone Idea increased from 1.5% QoQ to Rs. 89, while in Q2 it was 4.7% decline. The telco is also hoping for another positive impact on ARPU because its focus is only on revenue-producing customers like Airtel.

Telco added 11,123 4G sites during the quarter, which includes 9,066 sites on TDD. Vodafone Idea’s 4G network now includes 64% of the population compared to less than 50% of the previous quarter. It will be interesting to see the customer base of Vodafone Idea this quarter.

One comment

  1. This all is because of the new rule of minimum recharge

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