img

Vodafone-Idea Share price: Vodafone Idea has given information in the exchange filing. The company has said that the increase in earnings will be driven by the increase in tariff and increase in the number of customers in the coming time. The company also clarified that further price increases are needed to maintain reasonable returns and future investments. According to the company, after the tariff hike implemented from July 2024, there has been an annual growth of 11.7% in the financial year 2024-25 (FY25). Now the focus of the company will be on increasing ARPU (average revenue per user) and retaining customers. Vodafone Idea further said that a capital expenditure (Capex) of Rs 50,000 to Rs 55,000 crore has been planned for the next 3 years, which will be used to improve the network and services. According to the company, further increase in tariff is necessary to increase earnings and remain competitive so that a solid foundation can be created for future investment and growth.


Read More: YES BANK: Update on Yes Bank came after market closed- rating changed

--Advertisement--