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Vodafone Idea shares tank over 29% after telco's first-quarter earnings, subscriber base decline
•India's largest telecom operator Vodafone Idea on Friday narrowed its consolidated loss to Rs 4,873.9 crore for the June 2019 quarter.
Vodafone Idea narrows June quarter loss to Rs 4,874 cr, revenue falls to Rs 11,270 cr; capex spend at Rs 2,840 cr
•Reliance Jio may roll out full-fledged JioGigaFiber at Reliance Industries 42nd AGM on 12 August
Fp Staff •The most significant announcement that users can expect from Reliance Jio in its 42nd AGM is the commercial launch of JioGigaFiber.
Airtel ARPU grows 6.5% to Rs 123 in Jan-Mar quarter, loss from India mobile service business more than doubled
•Airtel's loss from India mobile services business more than doubled to Rs 1,377.8 crore in January-March 2019 compared with Rs 482.2 crore loss in the same period of the previous fiscal year.
Reliance Jio adds 9.4 mn users in March while Airtel, Vodafone Idea lose 30 mn users
•Vodafone Idea and Bharti Airtel together shed 29.6 million users by March-end compared to February.
Airtel, Vodafone Idea lose 30 mn customers, Reliance Jio adds 9.4 mn users in March; broadband subscriber base rises
•Bharti Airtel's mobile subscriber base was 325.1 million, and that of rival Reliance Jio was 306.7 million as on March 2019.
Airtel tweaks post-paid offerings, to gradually phase out plans below Rs 499 for better realisation from subscribers
•The source said Airtel is in the process of phasing out post-paid plans of less than Rs 499, as other plans pack in more value and digital content for subscribers willing to shell out a tad bit more.
Vodafone Idea Q4 loss narrows sequentially to Rs 4,882 cr; co says strategic initiatives taking effect
•Despite improvement in operational metrics, the earnings scorecard of Vodafone Idea—and of Bharti Airtel last week—underline the challenge telecom players face to grow profitability in India.
Jio expected to shift approach from being a hunter to a farmer, says Nitin Soni
Ians •Talking about pricing or tariff, Soni said the average tariffs have been on the decline from the last four to five years.
Reliance Jio's 4G feature JioPhone to pose stiff challenge to incumbent operators
Ians •Jio launched its much-awaited 4G feature phone, which will be made available from September