Vodafone Idea sees user churn dropping from Q4

Vodafone Idea (Vi) expects monthly subscriber churn, currently at 4%, to drop from the fiscal fourth quarter, when it expects to start plugging 4G coverage gaps with its network capex execution underway, the telco’s leadership told analysts recently.

On the heels of its Rs 24,000 crore capital raise, Vi plans to add 15% data capacity and increase its 4G population coverage by 16 million by end-September, the telco’s senior management said.