Vodafone Idea Ltd recorded a fourth consecutive month of wireless subscriber additions
IDEA recorded a fourth consecutive month of wireless subscriber additions in May, and coverage said it has been expanding network services, including activating underground metro stations in Mumbai. That suggests customer momentum is improving even while the balance-sheet situation remains tight. The company’s management has also been in talks with the DoT after the Supreme Court allowed reassessment of AGR dues up to FY17, which keeps the regulatory angle very important.
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