Key Points
Loss of subscribers, which was till now mostly restricted to the 2G segment, has spilled over to Vodafone Ideas 4G user base too..
In February, Vodafone Idea lost over 2 million total mobile subscribers, taking its mobile subscriber base to 237.96 million..
Owing to continuous loss of subscribers, Vodafone Ideas mobile subscriber market share fell to 20.84% in February from 20.99% in January...
We expect Bharti and Jios market share gains to accelerate at Vodafone Ideas expense especially among premium subscribers, driven by pan-India 5G rollouts and Vodafone Ideas cash constraints, long-delayed fund-raise and uncertainty on 5G launch, the brokerage firm added...
Notwithstanding the moratoriums, VIL needs to close the fund-raise exercise quickly for a meaningful increase in capex to boost upgrade of customers to MBB (mobile broadband), according to JM Financial.. Vodafone Ideas total active subscribers too fell for the 11th straight month in February..
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