April 28th, 2015 5:50 PM 14 COMMENTS

Idea defends its negative revenue in Q4, blames it on changes in TRAI interconnection regulation

Idea's gross revenue both for the quarter Q4FY15 and for FY15 is negatively impacted by ~Rs. 1050 million and cites its due to the changes in the TRAI Interconnect (IUC) regulations (Amendment XIth and XIIth) effective March 01, 2015, though the impact on EBITDA is minimal. Idea continues its enviable track record of being amongst the fastest growing large Indian Mobile operators with 19.1% growth in gross revenue in FY15 at... Read More

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