Vodafone Idea adds subscribers for first time since 2018, cuts losses in Q1
New Delhi: Vodafone Idea Ltd, India’s third-largest telecom operator, reported a strong April-June quarter, adding subscribers for the first time in a quarter since it became a merged entity, even as it cut its losses while growing revenue and operating profit, helped by network expansion and rising data consumption.
The telecom operator’s customer base rose to 193.1 million in Q1, from 192.8 million in the preceding quarter, marking its first quarterly net subscriber addition since the merger of Vodafone India and Idea Cellular in August 2018.
