Vodafone Idea Posts Highest Quarterly Loss, Followed By Airtel, Over Dues | Read
PUBLISHED ON: November 15, 2019 | Duration: 2 min, 02 sec
Telecom giants Vodafone Idea and Airtel on Thursday reported a huge drop in earnings as the companies made provisions for potential outstanding payments to the government. Vodafone Idea said its consolidated net loss in the second quarter widened to Rs. 50,922 crore - it's biggest ever, while Airtel reported a net loss of Rs. 23,044.9 crore.