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Wireless

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

Wednesday 15 May 2019 | 12:33 CET | News
Vodafone Idea posted a sequential stabilization of revenues in the quarter ended 31 March 2019, benefitting from the introduction of 'service validity vouchers'. Revenues grew by 0.1 percent quarter-on-quarter in the three months to 31 March 2019, compared to a decline of 2.2 percent in the previous quarter and a drop of 7.1 percent in the second quarter of FY19. Revenue for the quarter was INR 117.8 billion. Q4 average daily revenue grew by 2.3 percent quarter-on-quarter, following 11 consecutive quarters of decline, the company said.

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Categories: Mobile & Wireless
Companies: Idea Cellular / Indus Towers / Infratel / Vodafone / Vodafone Idea / Vodafone India
Countries: India
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