Vodafone Idea reported consolidated operational revenues of Rs 11,747 crore in the second reported quarter after the merger of Vodafone India Ltd and Idea Cellular Services last year. The entity posted losses after tax of Rs 5,005 crore, up from loss of Rs 4,951 crore in the preceding quarter. Total expenses increased to Rs 18,226 crore, from Rs 12,374 crore in the preceding quarter. Vodafone India Ltd merged into Idea Cellular Services in August 2018 to create India’s largest mobile phone company with the largest number of subscribers and revenue. The company’s board has approved rights issue of up to Rs 25,000 crore, Vodafone Group and Aditya Birla Group will contribute up to Rs 11,000 crore and Rs 7,250 crore respectively. Metrics The telco lost 35.1 million subscribers this quarter, and now has 387.2 million subscribers, as compared to 422.3 million subscribers in the preceding quarter 4G subscriber base was 75.3 million, up by 9.5 million over last quarter owing to increased 4G coverage ARPU stood at Rs 89, higher by 1.5% over the last quarter Data volume of 2,705 billion MBs, up by 11.5% over last quarter Average monthly data usage per subscriber was 6.2GB, up from 5.6 GB last quarter Total minutes on the network fell by 2.6% due to introduction of service validity vouchers Average minutes per user was 580 mins, compared to 568 mins last quarter Broadband (3G+4G) population coverage was 68.8% Total data subscribers were 146.3 million, up from 140.1 million last quarter Financials EBITDA…
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