Vodafone Idea blames Covid for Q1 weakness, still looking for investors

Vodafone Idea has turned in another disappointing set of quarterly results but, despite once again expressing doubts about its ability to continue operations, has blamed the Covid-19 pandemic for its weak performance.
The troubled Indian telco did its best to big up data volume growth in the three months to the end of June, which it insists shows strong consumer engagement, but the headlines were all about a hefty revenue slide – turnover was down 14% year-on-year to 91.5 billion rupees (U