Rounak Jain03 Nov 2022, 19:36
Vodafone Idea reported a net loss of 7,596 crore in Q2, from 7,132 crore a year ago. The telco also lost six million subscribers during the quarter, but its average revenue per user (ARPU) improved to 131 from 128 in the previous quarter. Vi’s CEO Akshaya Moondra said the company is engaging with lenders and investors to raise funds for network expansion and 5G rollout.