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没有资金,沃达丰想法盯着缓慢死亡:分析师
周六,手头拮据的Vi的季度亏损扩大至7312卢比6985。1卢比的前三个月,受到更高的利息成本和沉重的客户流失。
加尔各答:沃达丰的想法(Vi)盯着“慢死”如果不能迅速筹集-50亿3.5美元(约26000 - 37000卢比),它迫切需要满足僵硬的付款义务,包括调整后总收入(AGR)会费,并投资于4 g网络,分析师表示。
周六,手头拮据的Vi的季度亏损扩大至7312卢比6985。1卢比的前三个月,受到更高的利息成本和沉重的客户流失。季度收入环比下降4.73%至9152。3卢比和每用户平均收入(ARPU)——关键绩效metric-fell Rs 104从107卢比。第六,事实上,报告了季度收入两年多来的最低水平。
“六世需要约3.5美元的-50亿资金在未来三到六个月,因为它必须能够泵至少1.5美元每年-20亿网络资本支出,即使会议立即AGR和频谱付款承诺,否则客户损失可能迅速加速到大约15 - 20百万四分之一,导致不可避免的缓慢死亡,”尼索尼,全球评级机构惠誉高级主管,告诉等。
电信企业之间英国的沃达丰(Vodafone)和印度的Aditya Birla集团失去了多达1230万客户在4 - 6月期间,减少其整体用户为2.554亿。Vi的季度生产顺序上升到3.5%从上季度的3%,表明电信正在迅速失去用户Jio Airtel,操作更广泛和更深入的4 g网络。
Jio和旅馆已经分别近4.41亿和3.2123亿个用户,和两个报告更高的arpu Rs在6月季度分别为138.4和146卢比。
全球领先的另一个高级分析师经纪口无遮拦,说“破产似乎越来越不可避免,现在政府采取快速调用是否真的希望Vi生存电信的co-promoters洗手在进一步投资于陷入困境的公司”。
沃达丰想法第一季度净亏损扩大7312.9卢比;ARPU落到Rs104
Vi集团表示,债务总额高达191588 .8卢比的AGR的下分期付款责任——约Rs9,000卢比——和债务总计16853。4卢比在未来12个月内支付。
在第一财政季度业绩,Vi重申了其生存能力的担忧,除非它设法筹集资金,进而取决于状态欠政府的法定费,等其他因素,也与银行的谈判条件也偿还。承运人一直试图通过混合筹集25000卢比债券和股票在过去的11个月,但尚未能达成协议。
电信部门寻求58254卢比从Vi转向AGR会费,电信的只支付7854卢比。电信的AGR负债,包括利息,现在约为62180卢比,根据部门的计算。
第六季度的净债务截至6月站在Rs 1, 90670卢比,其中下分期付款的AGR责任Rs 9000 crore-and应付债务总计16853。4卢比在接下来的12个月。电信的现金余额是920卢比6月底。
据报道政府的一部分,电信部门的救援方案做准备。
包可能包括允许投降的频谱,减少银行担保,逐步取消或减少征税许可费和频谱使用费用和前瞻性等重新定义AGR排除non-telecom物品。
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<\/figure>Kolkata: Vodafone Idea<\/a> (Vi) is staring at a \u201cslow death\u201d if it fails to quickly raise $3.5-5 billion (about Rs 26,000-37,000 crore) that it urgently requires to meet stiff payment obligations, including adjusted gross revenue (AGR) dues, and also invest in 4G networks, analysts said.
On Saturday, cash-strapped Vi\u2019s June quarter losses widened to Rs 7,312.9 crore from Rs 6,985.1 crore in the previous three-month period, stung by a mix of higher interest costs and heavy customer losses. Its quarterly revenue fell 4.73% sequentially to Rs 9,152.3 crore and average revenue per user (ARPU)\u2014a key performance metric\u2014fell to Rs 104 from Rs 107. Vi, in fact, reported its lowest quarterly revenue in more than two years.
\u201cVi needs around $3.5-5 billion of funding within the next three to six months as it must be able to pump in at least $1.5-2 billion annually towards network capex, even after meeting immediate AGR and spectrum payment commitments, failing which its customer losses could rapidly accelerate to around 15-20 million a quarter, leading to an inevitable slow death,\u201d Nitin Soni, senior director at global ratings agency Fitch, told ET.
<\/div><\/div>Soni said Vi\u2019s Rs 940 crore network capex in the June quarter, if annualised, translates to a paltry Rs 3,760 crore or around $500 million. \u201cThis is way too little to even maintain Vi\u2019s pan-India mobile network, let alone holding on to 4G users and competing effectively with stronger rivals, Reliance Jio<\/a> and Bharti Airtel<\/a>, who are both investing over $3 billion in network capex annually\u201d.
The telecom JV between UK\u2019s Vodafone and India\u2019s Aditya Birla Group<\/a> lost as many as 12.3 million customers in the April-June period, reducing its overall user base to 255.4 million. Vi\u2019s quarterly churn rose sequentially to 3.5% from 3% in the previous quarter, indicating that the telco is rapidly losing users to Jio and Airtel, who operate much wider and deeper 4G networks.
Jio and Airtel have nearly 441 million and 321.23 million users respectively, and both reported higher ARPUs of Rs 138.4 and Rs 146 respectively in the June quarter.
Another senior analyst with a leading global brokerage did not mince words, saying \u201cbankruptcy seems increasingly unavoidable and it\u2019s now up to the government to take a quick call on whether it really wants Vi to survive as the telco\u2019s co-promoters have washed their hands off in investing any further in the beleaguered company\u201d.
The telecom JV between UK\u2019s Vodafone and India\u2019s Aditya Birla Group<\/a> lost as many as 12.3 million customers in the April-June period, reducing its overall user base to 255.4 million. Vi\u2019s quarterly churn rose sequentially to 3.5% from 3% in the previous quarter, indicating that the telco is rapidly losing users to Jio and Airtel, who operate much wider and deeper 4G networks.
Jio and Airtel have nearly 441 million and 321.23 million users respectively, and both reported higher ARPUs of Rs 138.4 and Rs 146 respectively in the June quarter.
Another senior analyst with a leading global brokerage did not mince words, saying \u201cbankruptcy seems increasingly unavoidable and it\u2019s now up to the government to take a quick call on whether it really wants Vi to survive as the telco\u2019s co-promoters have washed their hands off in investing any further in the beleaguered company\u201d.
<\/div><\/div>Earlier this month, Aditya Birla Group (ABG) chairman Kumar Mangalam Birla<\/a> quit as Vi non-executive chairman and as a director on the board. His resignation had come less than two months after he wrote to the government that he was willing to give up his group\u2019s 27.66% stake in Vi to any government entity, which can ensure the telco's survival. Vodafone Group<\/a> and ABG have both reiterated that they won\u2019t infuse any more equity in their Indian joint venture.