Vodafone Idea's revenue for Q1FY20 stood at ₹11,775 crore — a 4.3% decrease from the last quarter, Q4FY19. The company's revenue was less than Bharti Airtel's (₹15,345 crore) and slightly more than Reliance Jio's (₹11,679 crore) in the first quarter of FY2020. The telecom operator saw a marginal decline in net losses — ₹4,873.9 crore in this quarter, compared to ₹4,881.9 in Q4FY19. Performance Metrics Total subscriber base (2G+3G+4G) declined to 320.0 million from 334.1 million in Q4FY19. ARPU now stands at ₹108, up 3.8% quarter-on-quarter vs ₹104 in Q4FY19. This is less than the ARPU of both Bharti Airtel (₹129) and Reliance Jio (₹122). The company added 4.1 million 4G subscribers taking its overall 4G base to 84.8 million subscribers at the end of the June quarter. Total minutes on the network declined by 3.8% during the quarter. Data volumes grew by 9.3% to 3,222 billion MB compared in the last quarter. Broadband subscriber base for the quarter stands at 110.5 million. Scoop on Vodafone Idea In the investors’ call, Vodafone Idea’s (now former) CEO Balesh Sharma, and CFO Akshaya Moondra talked about the company's falling revenues, reasons behind a depleting subscriber base, shutting down of Aditya Birla Idea Payments Bank, content partnerships and more: Reason(s) behind the fall in revenue this quarter: Two major reasons according to Sharma: “Churn of customers on minimum ARPU plans and the down trading of high ARPU customers led to the revenue decline of 4.3% this quarter.” — Sharma Is Vodafone Idea cash strapped and needs…
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