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# Business

Idea Cellular Q3 consolidated net loss at Rs 1,284 crore

Idea Cellular posted consolidated net loss of Rs 1,284.5 crore for the third quarter (October-December) 2017-18, a company statement said…

IANS | New Delhi | January 24, 2018 4:34 pm

Idea Cellular Q3 consolidated net loss at Rs 1,284 crore

(Photo: Facebook)

Idea Cellular posted consolidated net loss of Rs 1,284.5 crore for the third quarter (October-December) 2017-18, a company statement said here on Wednesday.

The company had posted consolidated net loss of Rs 384 crore during the corresponding period in 2016-17.

The company attributed its loss to the reduction of mobile termination charge in the industry from 14 paisa to 6 paisa per minute by the Telecom Regulatory Authority of India.

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