Like its larger peers Bharti Airtel Ltd and Vodafone India Ltd, Idea Cellular Ltd’s June quarter results showed signs of stability on the revenue front. More From Livemint »Similar to Bharti Airtel, Idea Cellular also reported good growth in volumes. The strong volumes helped Idea Cellular arrest the revenue decline on a sequential basis. Pressure on tariffs and heavy discounts are putting undue financial pressure on Idea Cellular. Last quarter, Idea Cellular funded its capex mainly through cash profit.

Source: Mint July 27, 2017 16:30 UTC