0
Wireless

Vodafone Idea quarterly revenues down 4.3%, integration hits 70% of targeted synergies

Monday 29 July 2019 | 09:08 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Vodafone Idea saw its revenue decline by 4.3 percent sequentially to INR 112.7 billion for the three months ended 30 June 2018, negatively impacted by churn of customers who recharged with 'service validity vouchers' in the quarter ended 31 March, as well as ARPU down-trading. EBITDA for the quarter increased to INR 36.5 billion from INR 17.9 billion in the previous quarter. Vodafone Idea also reports that synergy realization is on track with 70 percent of the synergy target achieved to date. Network integration continues with 66 percent of districts consolidated.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Vodafone Idea
Countries: India
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vodafone Idea's quarterly revenue drops nearly 10% on impact of COVID-19 lockdown

Published 13 Aug 2020 07:07 CET | India
Indian operator Vodafone Idea posted revenue of INR 106.6 billion in its first quarter ended 30 June 2020, which represents a ...

Vodafone Idea's quarterly revenue drops nearly 4% on seasonality, severe floods

Published 18 Nov 2019 09:33 CET | India
Indian operator Vodafone Idea posted revenue of INR 108.4 billion for the quarter ended 31 September 2019, which represents a ...

Indus Towers-Infratel merger completion postponed to 24 December

Published 30 Oct 2019 11:34 CET | India
Indian operator Vodafone Idea, Indus Towers and Infratel have agreed to extend the long stop date for the Indus - Infratel ...

India mobile service revenues to double to USD 39.8 billion by 2024

Published 11 Oct 2019 11:37 CET | India
India's mobile service revenues will double from USD 19.6 billion in 2018 to USD 39.8 billion by 2024. This growth will mainly be ...

Vodafone Idea launches TurboNet 4G service in UP West, Bengal

Published 22 Aug 2019 20:07 CET | India
The launch of TurboNet 4G follows the successful consolidation of the Vodafone Idea radio network integration and the deployment ...

India adds nearly 3.5 mln telephone customers in June

Published 21 Aug 2019 06:32 CET | India
India added 3.48 million telephone subscribers in June, ending the month with 1.186 billion mobile lines, up 0.29 percent from a ...

Vodafone Idea names Takkar as CEO after Sharma resigns

Published 19 Aug 2019 16:40 CET | India
Vodafone Idea announced its board approved the appointment of non-executive director Ravinder Takkar as the managing director and ...

Vodafone Idea starts bonus recharge promotion for prepay customers

Published 07 Aug 2019 06:58 CET | India
Indian mobile operator Vodafone Idea has launched a recharge promotion for its prepay customers. Under this campaign, the ...

Vodafone Idea launches #LiveMoreChallenge in India

Published 29 Jul 2019 10:14 CET | India
Indian operator Vodafone Idea has launched the '#LiveMoreChallenge' campaign to encourage people to step out and explore their ...

Govt panel upholds INR 30 bln fine on Airtel, Vodafone Idea for denying Jio interconnection

Published 26 Jul 2019 11:00 CET | India
India's Digital Communications Commission (DCC) has upheld telecom regulator TRAI's decision to fine Bharti Airtel and Vodafone ...

Vodafone Idea launches ZEE5 Theatre on Vodafone Play, Idea Movies and TV app

Published 22 Jul 2019 12:50 CET | India
Indian operator Vodafone Idea has partnered with OTT platform ZEE5 to make the ZEE5 Theatre available to Vodafone Idea ...

India mobile revenues stabilize, operator credit profiles remain under pressure - study

Published 10 Jul 2019 07:36 CET | India
India mobile services revenues stabilized in the fourth quarter of FY19. However, the credit profiles of telecom operators are ...

Vodafone Idea completes network integration in Punjab

Published 29 May 2019 09:42 CET | India
Indian operator Vodafone Idea has completed the consolidation of its radio network integration in the Punjab area. Punjab is now ...

Vodafone Idea revenues stabilise, integration reaches 60% of targeted synergies

Published 15 May 2019 12:33 CET | India
Vodafone Idea posted a sequential stabilization of revenues in the quarter ended 31 March 2019, benefitting from the introduction ...

Vodafone Idea starts rights issue

Published 10 Apr 2019 16:52 CET | India
Vodafone Idea has started its rights issue, to raise up to INR 250 billion with the sale of 20 billion shares. Its two main ...

Vodafone Idea brings forward merger synergies target by 2 years

Published 23 Nov 2018 10:14 CET | India
Vodafone Idea has brought forward by two years its target of INR 140 billion in synergies from its merger, to fiscal year 2021 ...

Vodafone India completes merger with Idea Cellular

Published 31 Aug 2018 10:07 CET | India
Vodafone Group has announced the completion of the merger between Vodafone India and Idea Cellular, first announced in March ...





Calendar   /   Industry Events

22 Oct Nordic Entertainment Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Intel Q3 2020
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct AT&T Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct Rogers Q3 2020
23 Oct Doro Q3 2020
23 Oct Orange Belgium Q3 2020
23 Oct Airtel Africa H1 results
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct Megacable Q3 2020
27 Oct Telefonica Brasil Q3 2020
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
28 Oct Belden Q3 2020
28 Oct Extreme Networks fiscal Q1
28 Oct ZTE Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct KPN Q3 2020
28 Oct Telecoms World Asia 2020
::: More Calendar Items