Telcos roll out festive offers to retain top prepaid users

The latest battle to retain high-value prepaid users between India's top three telcos comes even as loss-making Vi itself is struggling to hold onto its own users. Vi's stock plunged almost 11.5% to close at Rs 13.36 on the BSE on Friday, just days after its revenue market share (RMS) plummeted to an all-time low of 15% in the fiscal first quarter, as per latest data collated by the telecom regulator.