Vodafone Ideas net loss narrows as ARPU rises

Feb 14, 2021 AlShorts Web Desk

Vodafone Idea Ltd saw its losses narrowing down to INR45.32 billion in the third quarter ended December 2020. This came after a one-time gain from the sale of its stake in Indus Towers. The telco had posted a loss of INR72.18 billion in the preceding quarter. The company’s ARPU rose to INR121 during the three months ended December from INR119 in the previous quarter.