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Vodafone Idea Q1 preview: Expect decline in revenue on account of loss of subscribers

Updated : August 05, 2020 05:27 PM IST

Vodafone Idea, the country's third largest telecom operator, is scheduled to release its financial results for the April – June quarter of the fiscal year 2020-21 (Q1FY21) on Wednesday (August 5).

The performance of Vodafone Idea is expected to be much weaker than Bharti Airtel and Reliance Jio. Coming to topline, the Street is working with revenue decline of 7 percent on a quarter-on-quarter basis.

The company has been steadily losing subscribers, its competitive position has been weakening and unlike peers, which managed to remove a big jump in their average revenue per users (ARPUs), for Vodafone Idea, the analysts are expecting the ARPUs to come down which also will be a negative.

Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
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