Vodafone Idea Ltd.

NSE: IDEA | BSE: 532822 | ISIN: INE669E01016 | Industry: Telecom Services
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ICICI Securities Limited
About the stock: Vodafone Idea (VIL) is India's third largest telecom operator with ~25.5 crore wireless customers in India. Reported revenues were up 2.8% QoQ to | 9,406 crore. ARPU grew ~5% QoQ to | 109, as the company had increased the entry level prepaid pricing plan from | 49 to | 79, in a phased manner, as well as increased the tariffs in some postpaid plans. The subscriber base decline was a controlled at ~2.4 million (mn) to 253 mn, with churn rate reducing to 2.9% (vs. 3.4% in...
Vodafone Idea Ltd. is trading below its 100 day SMA of 7.5
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