India, Feb. 7 -- Telecom operator Vodafone Idea on Wednesday reported a consolidated loss of Rs 5,005.7 crore for the third quarter of 2018-19 on account of high finance cost, network integration cost and mobile tower exit charges.
The books of Vodafone Idea recorded a comprehensive loss of Rs 1,284.5 crore in the same quarter a year ago. However, the results are not comparable as the merger between Vodafone and Idea completed on August 31, 2018.
The company's finance cost during the quarter stood at Rs 2,824 crore and recognised a provision of Rs 725 crore towards exit charges from mobile towers to be paid to different vendors.
Total income of Vodafone Idea stood at Rs 11,982.8 core during the reported quarter.
"The initiatives taken d...