Vodafone Idea

Vodafone Idea booked its strongest revenue growth since its creation in 2018 during its fiscal Q1 2023 (to end-June) on ARPU gains, while its sizeable losses narrowed marginally.

Vodafone Idea recorded its strongest financials since it was formed more than three years ago, with ARPU growth in its fiscal Q4 (ending 31 March) driving revenue gains despite continued subscriber losses.

Reliance Jio, Bharti Airtel and Vodafone Idea reportedly teamed to block non-telecom companies from setting up private 5G networks by keeping them out of the country’s upcoming spectrum auction.

Vodafone Idea teamed with Nazara Technologies to launch a gaming service, with the goal of making it a major focus area of its digital content strategy.

Nokia reportedly entered talks with Vodafone Idea to replace Huawei radio equipment in parts of the operator’s 4G network, in what would be a further major blow to the China-based equipment manufacturer.

Vodafone Group moved forward with plans to sell its sizeable stake in Indian infrastructure company Indus Tower, seeking funds to pay down debt of its troubled mobile business in the country. The company plans to offload a 2.

Vodafone Idea suffered more pain its fiscal Q3 2022 (calendar Q4 2021) as its losses increased and revenue tumbled due to continued declines in ARPU and subscribers. Net loss grew 60 per cent year-on-year to INR72. 3 billion ($968.