July 27th, 2017 6:20 PM 21 COMMENTS

Idea Cellular Reports Rs 815.9 Crore Loss in Q1, Revenue Down by 13%

Idea Cellular, India's third largest telecom service provider, reported Rs 815.9 crores net loss in the first quarter of FY18 ended June 30, 2017. This is the third quarter net loss in succession, following the launch of Reliance Jio services, which impacted Idea's voice and data revenues in India. For Idea, the fall in realisation rates was largely compensated by a substantial volume growth in both mobile voice and data... Read More

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