Vodafone Idea said it would not build its own digital assets but continue with the partnership model, wherein the various services offered by digital players are deeply integrated into its Vi platform. The strategy is entirely different from rivals Bharti Airtel and Reliance Jio, which have built a significant number of their own digital assets […]
Vodafone Idea (VI) delivered in-line Q4FY22 results with 5.4% q-o-q revenue growth led by a 7.5% spurt in ARPU and 3.4mn erosion in subscriber base (versus 5.8mn decline in Q3FY22). While VI’s operating performance is stable, the fundamental issue of high financial leverage can be addressed only by a significant tariff hike and equity infusion. […]