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Fundraise Allowed Vodafone-Idea to Start Capex Cycle, Places Telco on Secure Footing: Kumar Mangalam Birla
The fundraise by Vodafone Idea enabled the telco to kick-start its capex cycle again, Aditya Birla Group Chairman Kumar Mangalam Birla said on Tuesday. Birla exuded confidence that with continued support of the government, Vodafone Idea Ltd (VIL) will do its part in realising India's digital destiny.
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Vodafone-Idea Concludes Network Equipment Deal With Nokia, Ericsson and Samsung Worth $3.6 Billion
India's Vodafone Idea has finalised a $3.6 billion (roughly Rs. 30,066 crore) deal with Nokia, Ericsson and Samsung for supply of equipment over the period of three years. Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage.
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Vi Max Family Postpaid Users Get Data Sharing and Unlimited Data for the Night
Vi, on Tuesday, October 3, announced Data Sharing and Night-Time Unlimited Data features for the users of its Max Family postpaid plans. While the data-sharing feature will allow primary and secondary members of the family plan also to share the additional data quota, the night-time unlimited web browsing will benefit Max Family postpaid users usin...
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Vodafone Idea Stock Jumps 10% As K M Birla Returns To Company Board
Shares of Vodafone Idea jumped nearly 10 per cent in morning trade today.
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Vodafone Idea Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity
Vodafone Idea said on Friday the government had ordered the company to convert into equity all the dues owed to the government for use of airwaves including the interest related to payments for spectrum. The total amount to be converted into equity shares is Rs. 16,133 crore, the mobile carrier said.
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Reliance Jio, Airtel Mobile Users Tally Increased in November, While Vodafone Idea Faces Loss: TRAI
Reliance Jio, Bharti Airtel cumulatively gained nearly 25 lakh mobile subscribers in November, while Vodafone Idea lost nearly 18.3 lakh customers, according to TRAI data. Reliance Jio cemented its lead in the market adding 14.26 lakh net subscribers in November, whereas Airtel added 10.56 lakh users. The top five service providers constituted over...
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Caller Name Display Implementation Should Not Be Mandatory, COAI Tells TRAI
The Cellular Operators' Association of India (COAI) has asked the Telecom Regulatory Authority of India (TRAI) to make the implementation of Calling Name Presentation (CNAP) for telecom operators. COAI has shared technical, privacy, and cost related concerns with the implementation of caller name display with the telecom regulator.
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Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report
The government is set to acquire a stake in Vodafone Idea but only after the company s stock has settled at Rs. 10 or a higher value, according to a report citing an official source. The proposal to acquire a stake in Vodafone Idea was reportedly cleared by the finance ministry in July, and is expected to give the government a 33 percent stake in ...
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Centre To Acquire Vodafone Idea Stake After Share Stabilises At Rs 10 Or Above
The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source.
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Why Did Google Invest In Bharti Airtel?
Tech giant splashes out Rs 5,220 crore to buy 1.2% of Bharti Airtel. Here's why.
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Telecom Subscribers in India Increased by 2.9 Million in May, Jio Adds 3.1 Million Subscribers
Telecom subscribers in India increased by 2.9 million in April, according to TRAI data. The total number of wireless subscribers in India is now at 1,170.73 million, according the regulator. Jio gained the most subscribers with 3.1 new users, while Airtel added 1.02 million subscribers. Vodafone Idea lost 759,258 subscribers during April.
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Vodafone Idea to Consider Raising Funds Worth Rs. 500 Crore at Wednesday Board Meeting
Vodafone Idea will consider raising funds worth Rs. 500 crore at a board of directors meeting scheduled for Wednesday. The telecom operator is seeking to raise funds through issuance of equity shares or convertible warrants on a preferential basis to one or more entities belonging to the Vodafone Group, which is one of the promoters of Vodafone Ide...
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Vodafone Idea Likely To Raise Rs 500 Crore By Shares Issue And
Vodafone Idea's board of directors will meet on Wednesday to consider a proposal for raising funds aggregating up to Rs 500 crore
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Vodafone Idea Shares Zoom During Intra-Day Trade
Shares of telecom company Vodafone Idea (VI) rose around 10 per cent in intra-day trade on Tuesday
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Airtel, Jio, Vodafone Idea Expected to Hike Tariffs in Second Half of 2022 for Revenue Growth: Report
Airtel, Jio and Vodafone Idea, India’s top three private telecom operators, will reportedly resort to another round of tariff hike in the second half of the current fiscal. This will let the companies close FY23 with a revenue growth of 20-25 percent, a report said on Tuesday.
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Fundraise Allowed Vodafone-Idea to Start Capex Cycle, Places Telco on Secure Footing: Kumar Mangalam Birla
The fundraise by Vodafone Idea enabled the telco to kick-start its capex cycle again, Aditya Birla Group Chairman Kumar Mangalam Birla said on Tuesday. Birla exuded confidence that with continued support of the government, Vodafone Idea Ltd (VIL) will do its part in realising India's digital destiny.
-
Vodafone-Idea Concludes Network Equipment Deal With Nokia, Ericsson and Samsung Worth $3.6 Billion
India's Vodafone Idea has finalised a $3.6 billion (roughly Rs. 30,066 crore) deal with Nokia, Ericsson and Samsung for supply of equipment over the period of three years. Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage.
-
Vi Max Family Postpaid Users Get Data Sharing and Unlimited Data for the Night
Vi, on Tuesday, October 3, announced Data Sharing and Night-Time Unlimited Data features for the users of its Max Family postpaid plans. While the data-sharing feature will allow primary and secondary members of the family plan also to share the additional data quota, the night-time unlimited web browsing will benefit Max Family postpaid users usin...
-
Vodafone Idea Stock Jumps 10% As K M Birla Returns To Company Board
Shares of Vodafone Idea jumped nearly 10 per cent in morning trade today.
-
Vodafone Idea Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity
Vodafone Idea said on Friday the government had ordered the company to convert into equity all the dues owed to the government for use of airwaves including the interest related to payments for spectrum. The total amount to be converted into equity shares is Rs. 16,133 crore, the mobile carrier said.
-
Reliance Jio, Airtel Mobile Users Tally Increased in November, While Vodafone Idea Faces Loss: TRAI
Reliance Jio, Bharti Airtel cumulatively gained nearly 25 lakh mobile subscribers in November, while Vodafone Idea lost nearly 18.3 lakh customers, according to TRAI data. Reliance Jio cemented its lead in the market adding 14.26 lakh net subscribers in November, whereas Airtel added 10.56 lakh users. The top five service providers constituted over...
-
Caller Name Display Implementation Should Not Be Mandatory, COAI Tells TRAI
The Cellular Operators' Association of India (COAI) has asked the Telecom Regulatory Authority of India (TRAI) to make the implementation of Calling Name Presentation (CNAP) for telecom operators. COAI has shared technical, privacy, and cost related concerns with the implementation of caller name display with the telecom regulator.
-
Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report
The government is set to acquire a stake in Vodafone Idea but only after the company s stock has settled at Rs. 10 or a higher value, according to a report citing an official source. The proposal to acquire a stake in Vodafone Idea was reportedly cleared by the finance ministry in July, and is expected to give the government a 33 percent stake in ...
-
Centre To Acquire Vodafone Idea Stake After Share Stabilises At Rs 10 Or Above
The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source.
-
Why Did Google Invest In Bharti Airtel?
Tech giant splashes out Rs 5,220 crore to buy 1.2% of Bharti Airtel. Here's why.
-
Telecom Subscribers in India Increased by 2.9 Million in May, Jio Adds 3.1 Million Subscribers
Telecom subscribers in India increased by 2.9 million in April, according to TRAI data. The total number of wireless subscribers in India is now at 1,170.73 million, according the regulator. Jio gained the most subscribers with 3.1 new users, while Airtel added 1.02 million subscribers. Vodafone Idea lost 759,258 subscribers during April.
-
Vodafone Idea to Consider Raising Funds Worth Rs. 500 Crore at Wednesday Board Meeting
Vodafone Idea will consider raising funds worth Rs. 500 crore at a board of directors meeting scheduled for Wednesday. The telecom operator is seeking to raise funds through issuance of equity shares or convertible warrants on a preferential basis to one or more entities belonging to the Vodafone Group, which is one of the promoters of Vodafone Ide...
-
Vodafone Idea Likely To Raise Rs 500 Crore By Shares Issue And
Vodafone Idea's board of directors will meet on Wednesday to consider a proposal for raising funds aggregating up to Rs 500 crore
-
Vodafone Idea Shares Zoom During Intra-Day Trade
Shares of telecom company Vodafone Idea (VI) rose around 10 per cent in intra-day trade on Tuesday
-
Airtel, Jio, Vodafone Idea Expected to Hike Tariffs in Second Half of 2022 for Revenue Growth: Report
Airtel, Jio and Vodafone Idea, India’s top three private telecom operators, will reportedly resort to another round of tariff hike in the second half of the current fiscal. This will let the companies close FY23 with a revenue growth of 20-25 percent, a report said on Tuesday.
