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Faster mobile tariff hikes are the need of the hour in India, said Vodafone Idea Chief Executive Officer Akshaya Moondra.

Vodafone Idea’s stock dropped 6.5% to ₹8.21 despite a reduced Q3 net loss of ₹6,609 crore. ARPU rose to ₹173, yet the user base shrank. The company is in talks for debt financing to support a ...

Vodafone Idea's average revenue per user (ARPU) meanwhile rose 4.7 percent quarter-on-quarter to Rs 173 in Q3. This was driven by tariff hikes and customers upgrading to higher plans.