"The operating environment for Indian mobile operators remained challenging with unrelenting pressure on pricing, introduction of GST of 18% (compared to service tax of 15%) and need for large investments to support the exploding data demand", Idea said in a statement on Monday.
The company said the seasonally weak quarter was marked by high competition, regulatory changes and consolidation in the industry.
Idea Cellular posted a consolidated net loss of Rs 1,106.8 crore for the second quarter of the current fiscal.
The revenue per subscriber fell 6.6 per cent QoQ to Rs 132 from 141 in June quarter.
Revenue from operations of the company, which is merging its operations with Vodafone Group Plc's (VOD.L) Indian unit, fell about 20 percent to 74.66 billion rupees.
Boeing nears deal with Emirates for 787-10 jets
Emirates is by far the largest buyer of the world's largest passenger jet, the A380, with 142 on order and 100 already delivered. Industry sources say at least one of the ex-Singapore jets will be operated by Portugal-based HiFly.
Man transporting cows in Rajasthan shot dead
People stage a demonstration against the alleged murder of Umar Mohammed by suspected cow vigilantes in Rajasthan's Alwar . Self-styled gau rakshaks allegedly killed a man in Rajasthan's Alwar , while critically injuring his fellow passenger.
Third at Phoenix International Raceway
Keselowski advances to the final round at the expense of Denny Hamlin , who had the best auto throughout much of Sunday's race. The drama comes just two weeks after Hamlin ended Elliott's shot at a first win and a spot in the championship race.
The transactions are expected to be immediately accretive to AFFO per share, and the deal is expected to close in the first half of 2018. "Idea's net debt as on September 30, 2017 was Rs 54,100 crore, including a large component of 'deferred payment obligation" for spectrum acquired in auctions.
Stock of Idea was trading 5.62 per cent down at Rs 91.60 on the BSE on Monday.
Idea Cellular, the Aditya Birla Group-led service provider is expecting to soon close the new 4G ICR arrangements with Vodafone India for an additional 4G coverage in almost 5,000 new towns and neighboring villages for each telco, having already entered into an active Infrastructure sharing arrangement with Vodafone to avoid duplication of spends and make the best use of capital expenditure (capex).
The replay didn't look that bad, but Russell immediately hobbled to the bench, and looked to be in real pain. Russell has been very impressive so far in the early season since being traded from Los Angeles to Brooklyn.
Riding the momentum, the Jaguars defense stopped the Chargers pretty consistently holding LA to only a FG and a 17-14 lead. Odd things happen in Duvall County, and the Chargers special teams unit learned that on a fake punt touchdown.
Houston had the chance for more points late in the first half, but Mark Barron made an interception at the Los Angeles 10. The Rams are back on the road in Week 11, as they take a 7-2 record to Minneapolis for a game against the Vikings.
The Star Tribune reports the suspect was wounded in the melee, that left one of the victims with numerous stab wounds. Police said the suspect was in the dressing room and tried to take another person's property.
That power will flow through Corvette's well-known Tremec TR7070 seven-speed manual gearbox or an optional eight-speed automatic. But the ZR1 isn't just about grunt, the Chevrolet engineers have tuned every element of the auto for maximum performance.
'Pregnant' Kylie Jenner Sparks Engagement Rumours With Fans
Another image of her bubblegum-pink nails gave further cause to the campaign that she is to give birth to a baby girl. From her ambiguous pregnancy and gender clues posts to engagement ones, the young beauty always keeps fans guessing.
Sask. Roughriders take the win against Ottawa Redblacks
Thigpen broke the game open in the 3rd quarter when he took a handoff and ran 75 yards for a touchdown to make it 31-14. They earned the East's final playoff seed after amassing more points than the third-place Hamilton Tiger-Cats.
PM Modi arrives in Philippines today for ASEAN Summit
This is the first Prime Ministerial visit to the Philippines from India in 36 years since the visit by Indira Gandhi in 1981. PM Modi shall attend the 15th India-ASEAN summit on November 12 followed by East Asia summit on November 14.
Shawn Mendes, Eminem among winners at MTV EMAs in London
He performed the track that won him best song - " There's Nothing Holding Me Back " - in front of an electrified crowd in London . David Guetta closed the show with his new single, "Dirty, Sexy, Money", with guests French Montana, Charli XCX and Afrojack.
Liz Smith dead at 94: celebrities react
She once said their friendship "really helped make my career" and that "it didn't do them any harm, either". She was still having breakfast, lunch and dinner outings with friends, family and associates, Evans said.
Instant Analysis: Bucs hang on for a crucial win vs. Jets
But a 21-yard fourth-quarter run by Charles Sims III, on a third-and-15 in which he broke two tackles, kept a scoring drive alive. Overall, the Jets defense didn't get off the field quick enough; they gave up two scoring drives lasting 7:56 and 7:25.
49ers eye Week 12 for Jimmy Garoppolo's debut as starter
According to ESPN's Adam Schefter , the 49ers are targeting November 26 against the Seahawks at home for Garoppolo's first start. That only cost the 49ers a timeout, however, as the Giants' series ended with a failed field-goal attempt from 34 yards.
Steelers rally for a 20-17 win over Colts
If he remains a part of the offense, Bryant could have a big game soon, but predicting if/when that occurs is almost impossible. The Steelers got back into the game with a Ben Roethlisberger to JuJu Smith-Schuster seven-yard score.
Keenum, Vikings Keep Rolling by Beating Redskins 38-30
This was Harris' first game action this season - he last played in January - and the score represented the first TD of his career. And with that, the Vikings improved to 7-2 on the season, on a day when their defense was far from ideal .