5 Key Takeaways From Vodafone Idea Q4 Earnings Report
Stabilisation in Revenue and Increased ARPU The telecom operator firstly noted that it was on the path of achieving stabilisation of revenue in the Q4 and it came majorly as a result of ‘service validity vouchers’. The earnings report highlighted that Revenues grew by +0.1% QoQ in Q4 (Q3: -2.2%, Q2: -7.1%). Q4 average daily revenue increased by 2.3% QoQ after 11 consecutive quarters of decline. Vodafone Idea also noted that its strategic initiatives to better the ARPU (Average Revenue Per User) also have started to come to fruition as the average daily revenue (ADR) for the quarter grew 2....