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Centre To Convert Vodafone Idea Spectrum Dues Worth Rs 36,950 Crore Into Equity
Vodafone's spectrum auction dues worth Rs 36,950 crore will be converted into equity by the government, which will increase its holding in Vodafone Idea to 48.99 per cent - up from 22.6 per cent.
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Vodafone Idea (Vi) 5G Roundup: Rollout Date, List of Available Cities, 5G Speeds, and More
Vodafone Idea (Vi), in its quarterly report for the third quarter of the financial year 2024-25, revealed that it is planning to roll out its 5G services in the country. The company has confirmed that it will begin the rollout of its 5G services in April 2025, though the exact date of the rollout is not known at the time of writing.
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Centre's Big Move Comes As Boost For Vodafone Idea, Welcomed By Industry
Hailing the government's landmark decision to waive bank guarantees for telecom spectrum acquired before 2022, industry players on Tuesday said such supportive policy measures are instrumental for technological innovation.
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After Jio And Airtel, Vodafone Idea Hikes Mobile Plan Tariffs From July 4
Vodafone Idea too announced new plans for its prepaid and post-paid plans, effective from July 4.
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After Jio, Airtel, Now Vodafone Idea To Raise Mobile Tariffs From July 4
Loss-making telecom operator Vodafone Idea will raise mobile tariffs across the board by 11-24 per cent from July 4, according to a company statement.
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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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Telecom Firms Surpass 3-Year 5G Rollout Target In 6 Months: Official
Both Reliance Jio and Bharti Airtel have been rolling out a 5G network across the country. However, debt-ridden Vodafone Idea is awaiting fund raise post which it will infuse capital for rolling out 5G services.
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Centre Converts Vodafone Idea's Dues Into Equity Worth $2 Billion
The government will take 33 per cent equity in Vodafone Idea after converting all interest related to payments for spectrum and other dues into equity, making it the largest shareholder in the telecom firm.
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Capital Infusion In Vodafone Idea By Centre Under Discussion: Telecom Minister Ashwini Vaishnaw
Vodafone Idea (VIL), reeling under debt burden of over Rs 2 lakh crore, has opted for converting about Rs 16,000 crore of interest liability payable to the government into equity, which will amount to around a 33 per cent stake in the company.
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Vodafone Idea Suffers Subscriber Loss As Jio, Airtel Add To User Tally
India's total mobile subscriber base fell by 3.6 million in September, with Vodafone Idea suffering subscriber count decline even as larger rivals Reliance Jio and Bharti Airtel added users month-on-month, according to telecom regulator's data.
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Telecom Tariffs At "Unsustainable Levels", Correction Needed: Vodafone Idea CEO
Telecom operator Vodafone Idea (VIL) has said telecom tariffs in India continue to remain at "unsustainable levels" and the industry needs "tariff correction" to support continued investments.
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SEBI Clears Centre's Proposal To Turn Vodafone Idea Dues Into Equity: Report
India's capital market regulator approved the government's proposal to convert dues of over $1.92 billion by telecom operator Vodafone Idea to equity, two senior government officials said on Thursday.
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Vodafone Idea Ready To Be Part Of 5G Revolution: Kumar Mangalam Birla
The network of Vodafone Idea is compatible for conversion into the fifth generation telecom technology and the company will make all efforts to be a part the 5G revolution, Kumar Mangalam Birla, Chairman of Aditya Birla Group, said on Saturday.
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India 5G Launch: PM Modi Launches 5G Services In India
Prime Minister Narendra Modi on Saturday launched the 5G telephony services that promise to provide ultra high-speed internet on mobile phones, saying it marks the beginning of a new era and presents a sea of opportunities.
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5G Service Launch Updates: PM Narendra Modi Launches 5G Services In India
Prime Minister Narendra Modi launched 5G services in India today. The service is expected to progressively cover the entire country over the next couple of years.
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Centre To Convert Vodafone Idea Spectrum Dues Worth Rs 36,950 Crore Into Equity
Vodafone's spectrum auction dues worth Rs 36,950 crore will be converted into equity by the government, which will increase its holding in Vodafone Idea to 48.99 per cent - up from 22.6 per cent.
-
Vodafone Idea (Vi) 5G Roundup: Rollout Date, List of Available Cities, 5G Speeds, and More
Vodafone Idea (Vi), in its quarterly report for the third quarter of the financial year 2024-25, revealed that it is planning to roll out its 5G services in the country. The company has confirmed that it will begin the rollout of its 5G services in April 2025, though the exact date of the rollout is not known at the time of writing.
-
Centre's Big Move Comes As Boost For Vodafone Idea, Welcomed By Industry
Hailing the government's landmark decision to waive bank guarantees for telecom spectrum acquired before 2022, industry players on Tuesday said such supportive policy measures are instrumental for technological innovation.
-
After Jio And Airtel, Vodafone Idea Hikes Mobile Plan Tariffs From July 4
Vodafone Idea too announced new plans for its prepaid and post-paid plans, effective from July 4.
-
After Jio, Airtel, Now Vodafone Idea To Raise Mobile Tariffs From July 4
Loss-making telecom operator Vodafone Idea will raise mobile tariffs across the board by 11-24 per cent from July 4, according to a company statement.
-
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.
-
Telecom Firms Surpass 3-Year 5G Rollout Target In 6 Months: Official
Both Reliance Jio and Bharti Airtel have been rolling out a 5G network across the country. However, debt-ridden Vodafone Idea is awaiting fund raise post which it will infuse capital for rolling out 5G services.
-
Centre Converts Vodafone Idea's Dues Into Equity Worth $2 Billion
The government will take 33 per cent equity in Vodafone Idea after converting all interest related to payments for spectrum and other dues into equity, making it the largest shareholder in the telecom firm.
-
Capital Infusion In Vodafone Idea By Centre Under Discussion: Telecom Minister Ashwini Vaishnaw
Vodafone Idea (VIL), reeling under debt burden of over Rs 2 lakh crore, has opted for converting about Rs 16,000 crore of interest liability payable to the government into equity, which will amount to around a 33 per cent stake in the company.
-
Vodafone Idea Suffers Subscriber Loss As Jio, Airtel Add To User Tally
India's total mobile subscriber base fell by 3.6 million in September, with Vodafone Idea suffering subscriber count decline even as larger rivals Reliance Jio and Bharti Airtel added users month-on-month, according to telecom regulator's data.
-
Telecom Tariffs At "Unsustainable Levels", Correction Needed: Vodafone Idea CEO
Telecom operator Vodafone Idea (VIL) has said telecom tariffs in India continue to remain at "unsustainable levels" and the industry needs "tariff correction" to support continued investments.
-
SEBI Clears Centre's Proposal To Turn Vodafone Idea Dues Into Equity: Report
India's capital market regulator approved the government's proposal to convert dues of over $1.92 billion by telecom operator Vodafone Idea to equity, two senior government officials said on Thursday.
-
Vodafone Idea Ready To Be Part Of 5G Revolution: Kumar Mangalam Birla
The network of Vodafone Idea is compatible for conversion into the fifth generation telecom technology and the company will make all efforts to be a part the 5G revolution, Kumar Mangalam Birla, Chairman of Aditya Birla Group, said on Saturday.
-
India 5G Launch: PM Modi Launches 5G Services In India
Prime Minister Narendra Modi on Saturday launched the 5G telephony services that promise to provide ultra high-speed internet on mobile phones, saying it marks the beginning of a new era and presents a sea of opportunities.
-
5G Service Launch Updates: PM Narendra Modi Launches 5G Services In India
Prime Minister Narendra Modi launched 5G services in India today. The service is expected to progressively cover the entire country over the next couple of years.
