August 21, 2018 / 5:41 AM / 4 months ago

BUZZ-Idea rises, Airtel dips after June subscriber data

** Indian telecom firm Bharti Airtel slips as much as 2 pct, rival Idea Cellular rises ~3 pct

** India’s mobile phone customer base rose 1.4 pct to 1.15 bln in June from May - official figures

** Airtel user base grew by 10k to 344.6 mln, while Idea base jumped by 6.4 mln subscribers to 220.6 mln

** Airtel shares dip to lowest in >1 week, Idea climbs to highest in ~2 weeks

** Idea’s stock had fallen ~51 pct this year while Airtel has lost ~30 pct

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