Vodafone Idea’s Q1 losses widen five-fold

Troubled telecom operator Vodafone Idea’s April-June quarter losses mounted more than five times on an year-on-year basis due to its provisioning for exceptional losses, including adjusted gross revenue. India’s third-largest telecom operator posted its eighth consecutive loss of 254 billion rupees (US$3.39 billion) as against 49 billion rupees ($654 million) in the same period last […]