Analysts have sounded an alarm over the weak vitals of Vodafone Idea (VIL) post its first quarter results that indicated subscriber losses, ARPU declines, fast deteriorating cashflow and balance-sheet concerns, as several market watchers noted that government or regulatory support is 'critical' for its viability amid upcoming payment obligations. The results indicate that Vodafone Idea continues to face structural headwinds, BofA Securities said. Vodafone Idea lost 12.4 million subscribers in Q1 FY22 (versus 2 million loss in 4Q FY21) on account of lockdown and restricted store timings, it cited. Vodafone Idea -- which is struggling to stay afloat -- posted its Q1 earnings on Saturday. The debt-ridden telco posted a lower consolidated loss of ₹7,319 crore for the first quarter ended on June 30, 2021, against ₹25,460 crore loss in the same quarter a year ago.

Source: Mint August 16, 2021 10:17 UTC