Vodafone coque iphone bts Idea Posts Third
Vodafone Idea reported on Wednesday its second quarterly loss since Vodafone merged its Indian operations with coque iphone photobox Idea Cellular in August last coque iphone 5 azteque year, though the figure was smaller than expected.
The loss after tax was Rs. 5,000 coque iphone 7 girly crores ($699.49 million) in the quarter ended December 31, the company said in a statement, narrower than analysts’ forecast for a loss of Rs. 5,250 crores indicated by Refinitiv Eikon data.
Competition in India’s telecoms industry has ramped up since Reliance Jio Infocomm, owned by Asia’s richest man Mukesh Ambani, entered the market in 2016, leading to huge price cuts across the industry.
That resulted in lower average revenue per coque silicone chat huawei p10 lite user (ARPU) and rising debt. While Jio reported a 65 percent jump in quarterly profit, rival Bharti Airtel posted a 72 percent profit decline.
The shake up led to consolidation, with London based Vodafone merging its coque huawei p10 lite de fairy tail Indian operations with Idea Cellular last year in a deal worth $23 billion.
Earlier this year, coque silicone gel huawei p10 Vodafone Idea announced its intention to raise Rs. 25,000 crores through a share issue.
Revenue coque iphone 4 led from operations in the third quarter was Rs. 11,700 crores, while its average revenue per user (ARPU) came in at 89 rupees.
The Mumbai based company said its total expenses for the quarter were coque iphone personnalisé 4s Rs. 18,200 crores, offset in part by a Rs. 2,000 crores tax gain.
The telecoms company said the quarterly numbers image pour coque iphone 5s were not comparable with the previous year on account of last year’s merger.
Vodafone Idea closed 1.48 percent lower while the coque iphone yves saint laurent broader Mumbai market ended up 1.17 percent.
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