Vodafone Idea revenue market share hits all-time low in Q1 FY25

The TRAI information showed both Jio and Airtel reported RMS gains in the April-June duration, on the back of solid income development in both urban and country markets in spite of the lack of a tariff hike in the June quarter.

Market leader Jio had taken the lead in treking mobile rates by around 12-25% for most of its individuals from early July in a move focused on shoring up its stagnant ARPU. In feedback to its tariff move, Airtel and Vi as well had actually increased heading rates by 11-20% and 10-23% respectively.

The brokerage, however, said, Airtel’s circle-wise profits is “strictly not comparable” with Jio’s as the Sunil Mittal-led telco showed up to have actually made “some adjustments in earnings recognised under nationwide long distance revenue per circle,” thus, increasing circle profits for Q1FY25.

Vodafone Concept’s profits market share (RMS) has actually dived to an all-time low of 15% in the monetary initial quarter following market share losses in as many as 16 out of the 22 circles, latest telco monetary information collated by the industry regulatory authority revealed.

“Vi’s 1QFY25 market share goes to a lowest level. It lost market share in 16/22 circles, shedding 50-170 bps share in the more urban-centric metros and A-circles and a reduced 10-20 bps market share in the B & C (checked out: rural and country) circles,” Jefferies stated in a research note seen by ET.

Vodafone Idea’s earnings market share has dropped to a document low of 15% in the financial first quarter, losing ground to Dependence Jio and Bharti Airtel. Specialists think the recent Rs 24,000-crore equity fundraise might assist Vi boost its 4G protection and turn out 5G solutions, boosting its affordable position.

Telco economic data launched by the Telecom Regulatory Authority of India (Trai) underlined Vi’s proceeding lack of ability to combat bigger rivals, Dependence Jio and Bharti Airtel. Specialists expect the telco to contend much better after its Rs 24,000-crore equity fundraise recently, which will certainly help it increase its 4G protection and roll out 5G.