Vodafone Idea said its Capex spend for Q4FY22 was Rs 12.1 billion vs Rs 10.5 billion in Q3FY22. Total Capex spend for FY22 stands at Rs 44.9 billion vs Rs 41.5 billion in FY21.
Vi added ~27,000 4G FDD sites primarily through refarming of 2G / 3G spectrum to expand 4G coverage and capacity as well as to upgrade core and transmission network.
Broadband site count stood at 455,264 as of March 31, 2022 compared to 452,650 a year ago. Vi has shut down ~32,000 3G sites during the year while adding over 35,000 4G sites. Till date, Vi deployed nearly 70,400 TDD sites in addition to the deployment of ~13,900 Massive MIMO sites and ~13,200 small cells.
Vi expanded LTE 900 presence in 12 circles at multiple locations, including through dynamic spectrum refarming, to improve customer experience. Vi’s 4G network covers over 1 billion Indians as of March 31, 2022.
ARPU of Vi improved to Rs 124, up 7.5 percent QoQ vs Rs. 115 in Q3FY22, aided by the tariff hikes in November 2021. The subscriber base declined to 243.8 million vs 247.2 million in Q3FY22, primarily due to tariff increase.
Vi added 1 million 4G customers in Q4 and 4G base now stands at 118.1 million. Subscriber churn was flat QoQ at 3.4 percent. Data usage per 4G customer stands at ~13.9 GB/month vs ~12.9 GB/month a year ago. The total data traffic rose 7.9 percent YoY.
Vi said revenue for the quarter was Rs. 102.4 billion, a QoQ improvement of 5.4 percent (+6.6% YoY), aided by tariff hikes taken in November 2021. The average daily revenue for the quarter witnessed a QoQ growth of 7.7 percent, the highest since the merger between Vodafone and Idea.