Though Vodafone Idea Limited (VIL) is by no means over the hump yet, for the first time since October 2019, the telco has shown positive subscriber net additions, totting up 0.7 million subscribers in February 2021. This has been thanks to a 1.56 million rise in net subscribers in Mumbai, which represents a sharp 18 per cent increase month on month.
The company’s subscriber base in Mumbai went up from 8.9 million in January this year to 10.47 million in February.
The numbers would be a relief for VIL. However, the increase in its net adds is not universal across circles — it lost subscribers in 14 of the 22 circles while gaining only moderately in the other