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Mumbai: Vodafone Idea (Vi) narrowed its net loss for the second straight quarter, aided by an improving subscriber mix of higher-paying 4G/5G users, lower finance costs and a one-time exceptional gain. During the September quarter, Vi's net loss reduced to ₹5,524 crore versus ₹6,608 crore in the previous quarter. While the company has slowed subscriber churn over recent quarters, the third-largest telco continues to lose users to larger rivals Reliance Jio and Bharti Airtel. The joint venture ...Read More >
Vodafone Idea share price: Vodafone Idea has approached the Supreme Court to quash the DoT's Rs 9,450 crore AGR demand, citing inconsistencies with earlier guidelines. The telco also seeks reassessment of dues up to FY17. Vodafone Idea shares will be in focus on Monday, October 6, as the Supreme Court is scheduled to hear the telecom operator's plea seeking quashing of the Department of Telecommunications' (DoT) additional adjusted gross revenue (AGR) demand amounting to Rs 9,450 crore. The te ...Read More >
NEW DELHI: Vodafone Idea's enterprise arm, Vi Business, on Monday said it has launched an Internet of Things (IoT) innovation lab in Mumbai in partnership with Amazon Web Services (AWS) and the Centre for Development of Telematics (C-DoT). The "Vi Business IoT Innovation Lab" offers demonstrations of connected vehicles, smart grid for energy optimisation, smart manufacturing for real-time monitoring, and the future of IoT with edge artificial intelligence, Vi Business said in a joint statement. ...Read More >
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