Vodafone loss doubles to $5.5 billion due to India write-down, hit by RJio entry - The Hindu

British telecom major Vodafone today posted over two-fold increase in losses at 5 billion euros, or Rs. 37,382 crore, in the first half of the fiscal ended September, due to impairment of non-cash assets of Indian arm impacted by stiff competition ...and more »

Pricing is a strategy, not a long term differentiator: Vodafone India - Livemint

New Delhi: The financials of Vodafone Group Plc may have come under stress because of the non-cash impairment on Indian operations, but its decision to invest Rs47,700 crore of equity in India has reduced the debt at Vodafone India by more than half.and more »

Vodafone says it has provided enough ports to Reliance Jio - Economic Times

MUMBAI: Vodafone today said it is hopeful of a "fair decision" by the government on the penalty suggested by TRAI for allegedly denying network connectivity to Reliance Jio, as it has provided ports capable to support as many as 50 million subscribers ...and more »

Vodafone India lost 100k data customers in the quarter that Jio launched - MediaNama.com

Vodafone India has more 3G/4G connections than 2G connections now. The company reported 33.6 million 2G connections, and as many as 36 million mobile broadband (3G/4G) connections for the quarter ended September 30th 2016 (Q2 FY17). The 3G/4G ...and more »

Vodafone sees sluggish growth, thanks to Reliance Jio - Livemint

Vodafone Group Plc said it was hit by an impairment charge of €6.38 billion ($6.86 billion) with respect to its investment in India. After accounting for a deferred tax asset, the net impairment charge was lower at €5 billion. A little over six years ...and more »

Vodafone blames €5bn H1 loss on cutthroat Indian competition - The Register

Vodafone struggled with declining revenues and profits in its first half of this fiscal year, despite blaming its €5bn net loss on a writedown of its Indian arm's value thanks to increased competition. The British telco, which from April this year has ...and more »

Vodafone takes €6.3bn hit on Indian business - Financial Times

Vodafone is counting the cost of its Indian foray after it booked an impairment charge of €6.3bn against its local operations to reflect the business it has lost to aggressive new competitor Reliance Jio. Sample the FT's top stories for a week. You ...and more »

Vodafone loss widens on large Indian write-down - MarketWatch

LONDON-- Vodafone Group PLC said Tuesday that it remained on track to meet its full-year goals despite reporting a sharply wider net loss and taking a EUR5 billion ($5.38 billion) write-down on its Indian business because of cutthroat competition in ...and more »

Jio Fallout: Vodafone Takes A $5 Billion Hit In Indian Business Amid Telco Wars - Huffington Post India

Mobile telecoms group Vodafone reported a first-half net loss of 5 billion euros ($5.5 billion) on Tuesday after writing down the value of its Indian business by the same amount due to the start of a price war sparked by a powerful new rival. Chief ...and more »

RJio effect: Vodafone losses double at Rs 37782 crores - Daily News & Analysis

Vodafone has also deferred plan of going public in India due to unfavourable market condition. British telecom major Vodafone posted over two-fold increase in losses on Tuesday at 5 billion euros, or Rs 37,382 crore, in the first half of the fiscal ...and more »