New Delhi, Oct 22 (IANS) Debt-ridden telecom company Vodafone Idea’s board on Friday approved issuance of convertible debentures up to Rs 1,600 crore, convertible into equity shares at a conversion price of Rs 10 per equity share, to ATC Telecom Infrastructure.
New Delhi, Oct 1 (IANS) Vodafone Idea (Vi) on Saturday switched on its live 5G network here as Prime Minister Narendra Modi made the first call, using the ‘Vi 5G Digital Twin’ technology, to interact with the construction workers at Delhi
New Delhi, June 30, 2022: SBI Card, India’s largest pure-play credit card issuer, today announced the launch of ‘Aditya Birla SBI Card’, a highly rewarding lifestyle credit card, in a strategic partnership with Aditya Birla Finance Ltd (ABFL), the lending subsidiary of Aditya Birla Capital
New Delhi, Jan 24 (IANS) Shares of telecom service provider Vodafone Idea declined over six per cent on Monday after the company reported about its widening net losses during Q3FY22. The company’s net losses widened year-on-year to Rs 7,230 crore during
New Delhi, Jan 22 (IANS) Telecom service provider Vodafone Idea’s net losses widened year-on-year to Rs 7,230 crore during the Q3FY22. In the same quarter last fiscal, it was Rs 4,532 crore. In Q2FY22, it was Rs 7,132 crore. Revenue from
New Delhi, Nov 23 (IANS) Telecom operator Vodafone Idea announced on Tuesday that it would raise tariffs for its prepaid users by around 20 per cent. The revised tariffs will come into effect from November 25, the telecom operator said. This
New Delhi, Nov 11: Department of Telecommunications (DoT)on 27.05.2021, for 5G testing in Gujarat, allotted license and spectrum to : Vodafone Idea Limited in Gandhinagar (for urban), Mansa (for semi urban) and Unava, (rural) with Nokia as equipment supplier. Reliance Jio Infocomm in Jamnagar (semi urban /
New Delhi, Oct 21 (IANS) Telecom operator Vodafone Idea lost over 8.33 lakh subscribers on a sequential basis in August, the Telecom Regulatory Authority of India (TRAI) data showed on Wednesday. Vodafone Idea’s subscriber base went down by 8.33 lakh to
Mumbai, Sep 20 Telecom operator, Vodafone Idea Ltd (VIL) on Sunday claimed that it has achieved peak speed in excess of 3.7 Gbps with very low latency on the mmWave spectrum band in its 5G trials. The company is conducting 5G
New Delhi, Sep 17 (IANS) Vodafone Idea would opt for the equity conversion for interest payout during moratorium period, resulting in sizable dilution and might restrict potential equity infusion from any financial/strategic investor, analysts said. Emkay Global Financial Services said in
New Delhi, Sep 7 In what may come as a major relief for the telecom sector, more so for the severely-stressed Vodafone Idea, the Union Cabinet is likely to consider and discuss a relief package for the sector on Wednesday, sources
New Delhi, Sep 7 Vodafone Idea’s severe financial crisis may result in higher impact on the tower industry. An ICRA report said that Vodafone Idea Ltd (VIL) has been under financial stress as reflected by mounting losses and burgeoning debt levels,
Mumbai, Aug 4 Vodafone Idea shares continued to fall on Wednesday as Aditya Birla Group Chairman Kumar Mangalam Birla offered to hand over his stake in the debt-ridden company to government entities in a bid to keep the company operational.
Mumbai, July 23 Shares of Vodafone Idea plunged over 7 per cent on Friday after the Supreme Court dismissed the plea by telecom operations to correct the alleged errors in Adjusted Gross Revenue (AGR) calculation. At around 12.20 p.m., shares of
Mumbai, July 01 Vodafone Idea on Wednesday reported a consolidated net loss of Rs 6,985.1 crore for the January-March quarter. During the October-December quarter, the company had reported a net loss of Rs 4,540.8 crore. Its total revenue for the
Mumbai, April 13 Vodafone Idea Ltd will pay the remaining amount of license fee by April 15 along with the interest. Days after the Department of Telecommunications issued a show cause notice to the company over non-payment of license fee
Mumbai, Oct 30 Vodafone Idea has narrowed its consolidated net loss for the quarter ending September to Rs 7,218.2 crore. During the corresponding period of the last fiscal, the company had reported a consolidated net loss of Rs 50,921.9 crore.
New Delhi, Sep 23 Vodafone Idea and Bharti Airtel have balance dues under AGR to the tune of Rs 54,754 crore and Rs 25,976 crore respectively. In a written reply to a question in Rajya Sabha, Minister of State for
New Delhi, Sep 22 Vodafone Idea’s inability to raise debt from external investors could increase equity requirements and push promoters to subscribe to the debt issuance too, according to a report by US financial services house Morgan Stanley. The company
New Delhi, Sep 7 Telecom operator Vodafone Idea will offer its services under a new brand name Vi, as merger and integration of Vodafone and Idea has been successfully completed. In a statement, the company said that the coming together
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