[Valid RSS]

Is Vi going to an end?

By Prakalp Bhardwaj

According to reports company Vi got a loff of more than Rs.7200 crores due to decrease in it's subscriber base. The company was already debt ridden.

Also the company had posted a loss of Rs.4523 crores in the same period a year ago.

Also it was the first company to rise the tariff and later Airtel and Jio joined it. Maybe the rise in tariffs and worst services led to this loss.

Previously Vodafone and Idea merged to fight against Bharti Airtel and Jio but seems to be failing in this task.

Despite tariff hikes, average revenue per user (ARPU) during the reported quarter declined by about 5 per cent compared to Rs. 121 it recorded in the same quarter of 2020-21.

Now, my conclusion is that maybe if the same continues and Vi experience more subscribers lose than it can result in the closure of the company.

More details will be shared to you on our YouTube channel: https://youtube.com/c/TechwithPrakalp

If found this article interesting, than please like this and follow me.

Recent Posts

See All