Vodafone Idea on Wednesday announced that the company’s Chief Regulatory & Corporate Affairs Officer P Balaji has resigned from his position. He will be relieved from the services of the company with effect from close of business hours on January 10, 2024.
“We wish to inform you that P Balaji, Chief Regulatory & Corporate Affairs Officer of the Company has resigned. Accordingly, he will cease to be a Senior Management Personnel of the Company w.e.f. close of business hours on January, 10, 2024,” the company said in a regulatory filing.
Earlier in December, Vodafone Idea reported an increase in active subscribers in September for the first time in 1.5 years. Per the data from the Telecom Regulatory Authority of India (Trai), out of the total 227.5 million subscribers, the company’s active subscribers at the end of September were at 199.8 million, an increase of 0.4 million from the previous month.
The last time Vodafone reported an increase in active subscribers base was in March 2022, when it was at 226.1 million. The reason for this surge in September this year can be attributed to improvement in subscriber mix with the addition of 4G users, according to analysts.