Vodafone India Q1 2017 Service Revenue Plunges by 8.7%
Vodafone India's service revenue declined by 8.7% year-on-year at 1,385 million euros in the quarter ended 30 June 2017 from 1,510 million euros for the same quarter last year. The company said that its organic service revenue declined 13.9% as a result of continued price competition from the new entrant and incumbents. Despite a year-on-year decline, sequential quarterly trends are stabilising as SIM consolidation is beginning to improve ARPU in... Read More