Idea posts fourth straight quarterly loss at ₹1,100 crore
Idea Cellular posted its fourth straight quarterly loss at ₹1,107 crore for the September quarter against a profit of ₹91.5 crore in the same period last year. The company said the seasonally weak quarter was marked by high competition, regulatory changes, and consolidation in the industry. Its revenue per subscriber fell 6.6% to ₹132 from ₹141 in June quarter.