February 1st, 2018 9:11 PM 65 COMMENTS

Vodafone India Reports Revenue Drop of 23.1% During Q3, Blames Aggressive Tariffs and IUC Cut

Vodafone India today reported a service revenue drop of 23.1% which dubs to Rs 8110 crore for the quarter ended on December 31, 2017, as compared to the same period in 2016. In the global results announcements, Vodafone said that the reduction in IUC (Interconnection Usage Charges) and the intense price competition is to be blamed for the service revenue loss. Vodafone saw a dip of close to 6% QoQ.... Read More

August 12th, 2017 2:55 PM 49 COMMENTS

The Entry of Reliance Jio Rattled the Revenue of Bharti Airtel, Vodafone India, and Idea Cellular: Eco Survey Report

The Indian telecom industry used to be in a different league a year ago, but with the entrance of the Mukesh Ambani's Reliance Jio, the industry has experienced a "renewables shock." Reliance Jio has changed the landscape of the industry dramatically by offering free LTE services and cutthroat tariff plans. End of the day, consumers are the most benefitted ones with these changes. "The entry of a new player has... Read More

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Vodafone Idea Raises Rs 5400 Crore from Anchor Investors

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