Business
Q3 performance: Loss of subscribers because of price hike, says Vodafone Idea
Vodafone Idea on Monday downplayed subscriber churn for the October-December 2021 quarter, saying it was a result of tariff hikes, which led to SIM consolidation, while keeping its 4G base growing. The company also expects to complete the fundraising this fiscal year.
“Typically, two or three things happen when the price goes up, one is that recharges are a bit slower over the course of a few days, and two is that we’re seeing a phenomenon of SIM consolidation…a lot of our subscriber losses can be attributed to The price went up,” Ravinder Takkar, managing director and chief executive officer of Vodafone Idea, said on the analyst call regarding the third-quarter results.
When asked if the tariff hike also affected consumer usage, Takkar said the impact was small, as prices were still very affordable. Vodafone Idea lost 5.8 million subscribers in 3Q22 (compared to 2.4 million in 2Q22), while the 4G subscriber base edged up to 117 million from 116.2 million in 2Q22. Vodafone Idea’s average revenue per user (Arpu) increased from Rs 109 in the previous quarter to Rs 115 in the October-December quarter due to price hikes.
The company expects the full impact of the price hikes to be seen in the fourth quarter. “The next quarter will have a big impact,” Takkar said. Regarding the inquiry of another price increase, Takkar said that it will definitely increase the price, but it has to look at the time, which may happen in 2022 or 2023.
“The last rate hike (November 2021) was almost two years later, so we certainly think the next rate hike is less than two years away,” he added. The executive also reiterated that the company expects Financing completed in fiscal year. It has been planning to raise Rs 25,000 crore for more than a year. Following the fundraising, the company’s capital expenditure will also trend upward as the company will focus on increasing 4G coverage.
The company expects to return a bank guarantee (BG) worth Rs 17,000 crore. It has received licensing fee-related BGs worth over Rs 1,000 crore from the Department of Telecommunications (DoT). The bulk of the BG, totalling Rs 15,000 crore, is related to spectrum and will be returned by the DoT shortly after completion of the formalities.
Complete News Source : financialexpress
Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
Group Media Publications
Entertainment News Platforms – anyflix.in
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/
Podcast Platforms – https://anyfm.in
Vijay Deverakonda and Mrunal Thakur’s Family Star opens with a first-day box office collection of more than ₹5 crore in India.
Day 8 global box office earnings for the Kareena Kapoor, Tabu, and Kriti Sanon film reaches ₹90 crore
Fans are stunned when Nushrratt Bharuccha displays her enormous shoe collection in new images and videos. Observe
Rasha, the daughter of Raveena Tandon, discusses how trolling affects her: “I think in processing it, feeling bad for a bit.”
Benny Blanco and Selena Gomez have a “very serious” relationship; her friends and family adore him: Report
Why Vijay Deverakonda won’t collaborate with a first-time filmmaker is revealed: “I need them to be prepared to take advantage of me.”
The final trailer for Maidaan, which was released on Ajay Devgn’s birthday, establishes the mood for India’s crucial football match. Observe
Salman Khan served drinks to Ranbir Kapoor’s sister Riddhima’s wedding. This is the reason Rishi Kapoor chased him away.
The phrase “female-led projects” annoys Bhumi Pednekar. “It disgusts me deeply.”
Rasha, the daughter of Raveena Tandon, discusses how trolling affects her: “I think in processing it, feeling bad for a bit.”
The phrase “female-led projects” annoys Bhumi Pednekar. “It disgusts me deeply.”
%20(1).jpg "Fighter OTT: The third-most-watched non-English movie on Netflix worldwide stars Deepika Padukone and Hrithik Roshan.")
Fighter OTT: The third-most-watched non-English movie on Netflix worldwide stars Deepika Padukone and Hrithik Roshan.
%20(1).jpg "Aditi Rao Hydari makes it clear that she is not married to Siddharth; instead, the couple displays rings.")
Aditi Rao Hydari makes it clear that she is not married to Siddharth; instead, the couple displays rings.
%20(1).jpg "Anushka Sharma, who hasn’t posted on Instagram since Akaay’s birth, is at last back, and she seems happy.")
Anushka Sharma, who hasn’t posted on Instagram since Akaay’s birth, is at last back, and she seems happy.
%20(1).jpg "Family Star teaser: Mrunal Thakur and Vijay Deverakonda struggle with miscommunication and love")
Family Star teaser: Mrunal Thakur and Vijay Deverakonda struggle with miscommunication and love
%20(1).jpg "A glimpse of Varun Tej and Lavanya Tripathi’s romantic walk at twilight is shared. View photos")
A glimpse of Varun Tej and Lavanya Tripathi’s romantic walk at twilight is shared. View photos
%20(1).jpg "According to Kangana Ranaut, she and Shah Rukh Khan represent the final generation of stars. “Stars nahin ban rahe hain OTT pe”")
According to Kangana Ranaut, she and Shah Rukh Khan represent the final generation of stars. “Stars nahin ban rahe hain OTT pe”
.jpg "Surfaces of the Motorola Edge 50 Ultra with Snapdragon 8S Gen 3")
Surfaces of the Motorola Edge 50 Ultra with Snapdragon 8S Gen 3
Udd Jaa Kaale Kaava | Gadar 2 | Sunny Deol, Ameesha |
“AIR Movie Review: A Riveting Tale of Survival and Intrigue”
A Story About Madan Mohan
A Story About Laxmi Kant Pyarelal , The Legendry Musicians
Exclusive Interview of Taruna Tanwar and Amit Tanwar
BKU अध्यक्ष नरेश टिकैत ने किया है बड़ा ऐलान, चुनाव में किस पार्टी को करेंगे सपोर्ट?
बीजेपी जल्द जारी करेगी बाटी गई टिकट की लिस्ट
उत्तर प्रदेश का चुनावी शतरंज 13 January 2022
उत्तर प्रदेश का चुनावी शतरंज। चुनाव के लिए पार्टियों के बनते – बिगड़ते समीकरण
-
Bollywood2 months agoAishwarya Rai maintains her stunning appearance in a new L’Oreal ad.
-
health and remedies2 months agoThe article discusses the potential health risks associated with swallowing dry ice
-
.jpg "Sidhu Moosewala’s father and baby brother feature on Times Square billboard; fans react. Watch")
Music1 month agoSidhu Moosewala’s father and baby brother feature on Times Square billboard; fans react. Watch
-
Entertainment2 months agoThe Anant Ambani-Radhika Merchant pre-wedding bash in Jamnagar has received a list of guests.
-
Trending2 months agoDolly Chaiwala: “Didn’t Know Who He Was” in reference to giving Bill Gates tea
-
Bollywood3 weeks ago
Rasha, the daughter of Raveena Tandon, discusses how trolling affects her: “I think in processing it, feeling bad for a bit.”
-
Bollywood3 weeks ago
The phrase “female-led projects” annoys Bhumi Pednekar. “It disgusts me deeply.”
-
Trending2 months agoOppo Reno 12 Pro Key Features Leak Online: Expected to Receive a 1.5K Display with a Density 9200+ SoC