Vi bets on network expansion as subscribers rise

Agencies Vodafone Idea Ltd is stepping up its network expansion as the telecom major looks to build on improving subscriber additions and strengthen its customer proposition, CEO Abhijit Kishore said on Thursday. 'Our focus continues to remain firmly on execution,' Kishore said, adding that the company's Q2FY27 performance reflected 'steady progress' against its priorities. The company has seen a continued improvement in net subscriber additions, supported by network expansion and an enhanced customer experience, he said in a release to the exchanges. Vodafone Idea has also introduced new offerings aimed at strengthening its customer proposition, including free international roaming and family prepaid plans . “Our refreshed brand identity and related campaigns are resonating well with our subscribers,” Kishore said. Live Events Also Read | Vodafone Idea Q2 Results: Loss widens to Rs 5,975 crore, revenue rises 6% YoY; ARPU jumps to Rs 198 Capex push Vodafone Idea has placed capital expenditure orders worth more than Rs 13,200 cr, of which nearly Rs 6,000 cr has already been executed, according to Kishore. The company is looking to accelerate network expansion as it makes progress on discussions to raise funding. “Encouraged by our progress in discussions to raise funding, we are confident to place additional orders and sustain the momentum in our network expansion,” Kishore said. Vodafone Idea Q2 results Vodafone Idea Q2 loss widened to Rs 5,979 crore in the September quarter of FY27, compared with a loss of Rs 5,526 cr in the corresponding quarter of the previous financial year (Q2FY26). Meanwhile, revenue from operations increased 6.2% year-on-year to Rs 11,884 cr in Q2FY27 from Rs 11,195 cr in the year-ago quarter. Earnings before interest, taxes, depreciation and amortisation (EBITDA) declined 1.1% quarter-on-quarter to Rs 4,981 cr in Q2FY27 from Rs 5,034 cr in the previous quarter. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on Vodafone Idea network expansion subscriber gains CEO Abhijit Kishore capital expenditure free international roaming family prepaid plans revenue from operations vodafone idea ltd (Catch all the Business News , Breaking News and Latest News Updates on The Economic Times .) Subscribe to The Economic Times Prime and read the ET ePaper online. ... more less (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on Vodafone Idea network expansion subscriber gains CEO Abhijit Kishore capital expenditure free international roaming family prepaid plans revenue from operations vodafone idea ltd (Catch all the Business News , Breaking News and Latest News Updates on The Economic Times .) Subscribe to The Economic Times Prime and read the ET ePaper online. ... more less