Vodafone Idea posts 2nd straight quarterly loss since merger

The country's largest telecom operator Vodafone Idea on Wednesday reported a third-quarter loss of ₹5,005 crore as against ₹4,950 crore in Q2, its second quarterly loss since Vodafone merged its Indian operations with Idea. The company's domestic average revenue per user rose to ₹89 from ₹88 in the previous quarter. The company lost over 35 million subscribers since last quarter.