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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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Vodafone Partners With Google to Promote AI Phones and Services
The 10-year expansion of an existing partnership will see Vodafone promote Google’s cloud storage subscriptions, including Google One AI Premium, which gives access to the Gemini chatbot, Vodafone said in a statement on Tuesday.
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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 To Sell $2.3 Billion Stake In India's Indus Towers: Report
Vodafone Group is looking to sell its entire $2.3 billion stake in India's Indus Towers through stock market block deals next week, two sources with direct knowledge said, as part of the British firm's effort to repay debt.
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Vodafone Germany To Cut 2,000 Jobs In Revamp
Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.
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Vodafone to Cut 11,000 Jobs in Next 3 Years as Part of New CEO's Restructuring Plan
British mobile phone giant Vodafone on Tuesday said it planned to axe 11,000 jobs over the next three years as new chief executive Margherita Della Valle seeks a "simpler" organisation. "Our performance has not been good enough," Della Valle said alongside news of flat annual revenue at the group.
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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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Vodafone Shares Up After Centre's Order To Convert $2 Billion Dues Into Equity
The total amount to be converted into equity shares is 161.33 billion rupees ($1.96 billion), Vodafone India Ltd said.
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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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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.
-
Vodafone Partners With Google to Promote AI Phones and Services
The 10-year expansion of an existing partnership will see Vodafone promote Google’s cloud storage subscriptions, including Google One AI Premium, which gives access to the Gemini chatbot, Vodafone said in a statement on Tuesday.
-
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 To Sell $2.3 Billion Stake In India's Indus Towers: Report
Vodafone Group is looking to sell its entire $2.3 billion stake in India's Indus Towers through stock market block deals next week, two sources with direct knowledge said, as part of the British firm's effort to repay debt.
-
Vodafone Germany To Cut 2,000 Jobs In Revamp
Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.
-
Vodafone to Cut 11,000 Jobs in Next 3 Years as Part of New CEO's Restructuring Plan
British mobile phone giant Vodafone on Tuesday said it planned to axe 11,000 jobs over the next three years as new chief executive Margherita Della Valle seeks a "simpler" organisation. "Our performance has not been good enough," Della Valle said alongside news of flat annual revenue at the group.
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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.
-
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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Vodafone Shares Up After Centre's Order To Convert $2 Billion Dues Into Equity
The total amount to be converted into equity shares is 161.33 billion rupees ($1.96 billion), Vodafone India Ltd said.
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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.
-
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.
