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India's Vodafone Idea narrows quarterly loss on bigger per-user revenue

India's Vodafone Idea narrows quarterly loss on bigger per-user revenue

- Vodafone Idea VODA.NS, India's third-largest telecom operator, reported a narrower first-quarter loss on Monday, driven by higher average revenue per user (ARPU) amid more users migrating to higher-value 4G and 5G services.

The debt-laden company's consolidated loss after tax narrowed to 37.54 billion rupees ($393.91 million) in the quarter ended June 30, from 66.08 billion rupees last year.

($1 = 95.3000 Indian rupees)


(Reporting by Aleef Jahan and Anuran Sadhu in Bengaluru; Editing by Harikrishnan Nair)

((aleefjahan.cs@thomsonreuters.com))

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