Vodafone Idea Loss
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Airtel Reportedly Approached Jio, Vodafone Idea (Vi) to Propose a Joint Initiative Against Fraud and Scam
Airtel has reportedly approached Reliance Jio and Vodafone Idea (Vi) to propose a joint initiative against fraud and scams. As per the report, Airtel has also informed the government, as well as the Telecom Regulatory Authority of India (TRAI), about approaching the two major telecom service providers. The company highlighted the rising instances o...
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Vodafone Idea Seeks 30-Day Extension to Pay Rs. 1,680 Crore for Spectrum Auction Instalment
Debt-ridden Vodafone Idea has sought 30 days more time to pay around Rs. 1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. The company has proposed to pay the amount with interest.
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Vodafone Idea Loss Swells to Rs. 7,990 Crore in Q3 Even as Company Posts Increased YoY Revenue
Vodafone Idea reported an increased consolidated loss of Rs. 7,990 crore for the third quarter ended December 31, 2022. The debt-ridden telecom operator’s consolidated revenue, however, increased by 9.29 percent to Rs. 10,620.6 crore from Rs. 9,717.3 crore in the December 2021 quarter.
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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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Vodafone Idea Q2 Loss Widens to Rs. 7,596 Crore, ARPU Rises as Telecom Operator Continues to Lose Subscribers
Vodafone Idea on Thursday reported that its Q2 loss had widened to Rs. 7,596 crore on the back of a decline in subscribers and higher expenses for the telecom service provider. The operator said its subscriber base declined to 234.4 million from 240.4 million in the first quarter, while total expenses rose 10 percent to Rs. 18,302 crore.
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India’s 5G Spectrum Auction Could See Muted Bids as Operators Jostle for Airwaves With Private Networks
Telecom giants Reliance Jio, Airtel and Vodafone Idea are expected to make muted bids at the 5G spectrum auction in July. The operators are concerned that they could lose about 40 percent in potential revenues due to the allotment of some airwaves to enterprises for private networks. Jio, Airtel and Vodafone Idea have failed to lobby the government...
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Reliance Jio Lost Most Wireless Subscribers in December 2021 as Airtel, BSNL Gained: TRAI
Reliance Jio registered a loss of over 12.9 million wireless subscribers in December 2021, though it still had the maximum market share at 36 percent, according to a report by TRAI. Bharti Airtel registered 30.81 percent market share after gaining over 450,000 subscribers, and Vi was at 23 percent after losing about 1.6 million users.
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Vodafone Idea (Vi) Expects Another Hike in Mobile Services Rates This Year, CEO Ravinder Takkar Says
Vi may raise mobile services rates this year as well but it will depend on the market reaction to the increase in tariff that the company made in November, a top official of the company said.
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Vodafone Idea (Vi) Subscriber Base Declines by Nearly 2 Crore YoY, Q3 Loss Widens to Rs. 7,231 Crore
Vodafone Idea (Vi) reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021.
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Airtel, Vodafone Lose Over 94 Lakh Subscribers in May, Jio Adds 36 Lakh New Ones: TRAI
TRAI report suggests that Bharti Airtel saw a decrease of 47.428 lakh subscribers whereas Vodafone Idea saw a loss of 47.263 lakh subscribers in the month of May. Collectively, Vodafone Idea and Airtel lost more than 94 lakh subscribers in one month. This is more than what the two telcos lost in the month of April, wherein they collectively lost ov...
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Vodafone Idea Sees Subscriber Base Drop to 29.1 Crores, Posts Biggest Ever Loss by an Indian Firm
Vodafone Idea, the country's third largest telecom operator, on Wednesday reported a staggering Rs. 73,878 crores of net loss in fiscal ended March 2020 - the highest ever by any Indian firm - after it provisioned for Supreme Court mandated statutory dues.
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Vodafone Idea Says ‘No Proposal’ Before Board on Stake Sale to Google
Vodafone Idea today released a clarification about a media report suggesting an investment from Google. The operator said that “no proposal as reported by the media” has been considered by the board.
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Overnight Payment Of Dues? Vodafone Will Have To Shut, Says Firm's Lawyer Mukul Rohatgi
Vodafone Idea has made a loss of over 2 lakh crores over the last decade and will have to shut shop if it has to pay all its dues to the government overnight. This would make 10,000 people jobless and inconvenience 30 crore subscribers, Mukul Rohatgi, the senior counsel for the company, told NDTV on Monday. It would also have an effect on the whole...
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Telcos Pay Part Of Government Dues, RBI Flags Fresh Concern: 10 Points
Debt-ridden telecom firms have paid part of the Rs 1.47 lakh crore they owe to the government as the Reserve Bank expressed concern on Monday about the possibility of their defaulting on bank loans. Bharti Airtel made a payment of Rs 10,000 crore on Monday. Vodafone Idea and Tata Group have already paid their share. The telecom companies -- which h...
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Vodafone Idea Reports Quarterly Loss, Sheds 7 Million Subscribers
Vodafone Idea reported a third-quarter loss on Thursday, as the troubled Indian telecom company shed millions of mobile subscribers due to intense competition.
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Airtel Reportedly Approached Jio, Vodafone Idea (Vi) to Propose a Joint Initiative Against Fraud and Scam
Airtel has reportedly approached Reliance Jio and Vodafone Idea (Vi) to propose a joint initiative against fraud and scams. As per the report, Airtel has also informed the government, as well as the Telecom Regulatory Authority of India (TRAI), about approaching the two major telecom service providers. The company highlighted the rising instances o...
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Vodafone Idea Seeks 30-Day Extension to Pay Rs. 1,680 Crore for Spectrum Auction Instalment
Debt-ridden Vodafone Idea has sought 30 days more time to pay around Rs. 1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. The company has proposed to pay the amount with interest.
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Vodafone Idea Loss Swells to Rs. 7,990 Crore in Q3 Even as Company Posts Increased YoY Revenue
Vodafone Idea reported an increased consolidated loss of Rs. 7,990 crore for the third quarter ended December 31, 2022. The debt-ridden telecom operator’s consolidated revenue, however, increased by 9.29 percent to Rs. 10,620.6 crore from Rs. 9,717.3 crore in the December 2021 quarter.
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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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Vodafone Idea Q2 Loss Widens to Rs. 7,596 Crore, ARPU Rises as Telecom Operator Continues to Lose Subscribers
Vodafone Idea on Thursday reported that its Q2 loss had widened to Rs. 7,596 crore on the back of a decline in subscribers and higher expenses for the telecom service provider. The operator said its subscriber base declined to 234.4 million from 240.4 million in the first quarter, while total expenses rose 10 percent to Rs. 18,302 crore.
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India’s 5G Spectrum Auction Could See Muted Bids as Operators Jostle for Airwaves With Private Networks
Telecom giants Reliance Jio, Airtel and Vodafone Idea are expected to make muted bids at the 5G spectrum auction in July. The operators are concerned that they could lose about 40 percent in potential revenues due to the allotment of some airwaves to enterprises for private networks. Jio, Airtel and Vodafone Idea have failed to lobby the government...
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Reliance Jio Lost Most Wireless Subscribers in December 2021 as Airtel, BSNL Gained: TRAI
Reliance Jio registered a loss of over 12.9 million wireless subscribers in December 2021, though it still had the maximum market share at 36 percent, according to a report by TRAI. Bharti Airtel registered 30.81 percent market share after gaining over 450,000 subscribers, and Vi was at 23 percent after losing about 1.6 million users.
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Vodafone Idea (Vi) Expects Another Hike in Mobile Services Rates This Year, CEO Ravinder Takkar Says
Vi may raise mobile services rates this year as well but it will depend on the market reaction to the increase in tariff that the company made in November, a top official of the company said.
-
Vodafone Idea (Vi) Subscriber Base Declines by Nearly 2 Crore YoY, Q3 Loss Widens to Rs. 7,231 Crore
Vodafone Idea (Vi) reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021.
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Airtel, Vodafone Lose Over 94 Lakh Subscribers in May, Jio Adds 36 Lakh New Ones: TRAI
TRAI report suggests that Bharti Airtel saw a decrease of 47.428 lakh subscribers whereas Vodafone Idea saw a loss of 47.263 lakh subscribers in the month of May. Collectively, Vodafone Idea and Airtel lost more than 94 lakh subscribers in one month. This is more than what the two telcos lost in the month of April, wherein they collectively lost ov...
-
Vodafone Idea Sees Subscriber Base Drop to 29.1 Crores, Posts Biggest Ever Loss by an Indian Firm
Vodafone Idea, the country's third largest telecom operator, on Wednesday reported a staggering Rs. 73,878 crores of net loss in fiscal ended March 2020 - the highest ever by any Indian firm - after it provisioned for Supreme Court mandated statutory dues.
-
Vodafone Idea Says ‘No Proposal’ Before Board on Stake Sale to Google
Vodafone Idea today released a clarification about a media report suggesting an investment from Google. The operator said that “no proposal as reported by the media” has been considered by the board.
-
Overnight Payment Of Dues? Vodafone Will Have To Shut, Says Firm's Lawyer Mukul Rohatgi
Vodafone Idea has made a loss of over 2 lakh crores over the last decade and will have to shut shop if it has to pay all its dues to the government overnight. This would make 10,000 people jobless and inconvenience 30 crore subscribers, Mukul Rohatgi, the senior counsel for the company, told NDTV on Monday. It would also have an effect on the whole...
-
Telcos Pay Part Of Government Dues, RBI Flags Fresh Concern: 10 Points
Debt-ridden telecom firms have paid part of the Rs 1.47 lakh crore they owe to the government as the Reserve Bank expressed concern on Monday about the possibility of their defaulting on bank loans. Bharti Airtel made a payment of Rs 10,000 crore on Monday. Vodafone Idea and Tata Group have already paid their share. The telecom companies -- which h...
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Vodafone Idea Reports Quarterly Loss, Sheds 7 Million Subscribers
Vodafone Idea reported a third-quarter loss on Thursday, as the troubled Indian telecom company shed millions of mobile subscribers due to intense competition.
