New Delhi: Mobile tower company ATC Telecom Infrastructure has converted Rs 160 crore of optionally convertible debentures issued by Vodafone Idea into equity in lieu of payment, it said in a regulatory filing on Thursday.Debt-laden telecom operator Vodafone Idea (VIL) had issued Optional...
New Delhi: Debt-ridden Vodafone Idea has approached the Department of Telecom seeking a waiver of a financial bank guarantee worth Rs 24,747 crore for spectrum payment due in September 2025, sources said.Vodafone Idea (VIL) needs to securitize the annual fee one year before the payment due...
New Delhi [India] After Reliance Jio and Bharti Airtel, Vodafone Idea also announced new plans for its prepaid and postpaid plans, starting July 4.Under the new plans, rates increase by 11 to 24 percent across different prepaid and postpaid plans. The company says that over the coming quarters...
New Delhi, Bharti Airtel and Vodafone Idea will implement revised tariffs for mobile services, increasing rates by 10 to 24 percent from the first week of July.Bharti Airtel announced a 10-21 per cent hike in prepaid and postpaid mobile tariffs from July 3, a day after its larger rival...
New Delhi: Loss-making telecom operator Vodafone Idea will increase mobile tariffs by 11-24 per cent across the board from July 4, according to a company statement.Vodafone Idea (Vi) on Thursday followed the tariff hike phase set by Reliance Jio.Reliance Jio and Bharti Airtel will implement...
In New Delhi, Reliance Jio, India's leading telecom operator, announced a 12 to 27 percent increase in mobile tariffs, the first in two and a half years, paving the way for other operators such as Vodafone Idea to increase prices. rates.The company has also restricted access to unlimited free...
New Delhi, Payment by telcos in the muted spectrum auction is expected to be manageable and with the bidding process concluded, all eyes are now on the tariff hikes that appear to be imminent, a news agency said on Thursday. representative sample of analysts.Multiple analyst reports expressed...
This year the auction has seen activity in the 900 MHz, 1800 MHz, 2100 MHz and 2500 MHz bands.Bharti Airtel spent the most at Rs 6,856.76 crore to buy spectrum in the 900 MHz, 1800 MHz and 2100 MHz bands, followed by Vodafone Idea at Rs 3,510.40 crore and Reliance Jio Infocomm at Rs 973.62...
New Delhi: Telecom czar Sunil Bharti Mittal's Airtel on Wednesday emerged as the highest bidder for the radio waves used to transmit mobile phone voice and data signals, grabbing around 60 per cent of the spectrum worth 11,341 crore sold in an auction that ended in two days.While Bharti Airtel...
The New Delhi, India spectrum auction concluded within hours of bidding on Day 2, with telcos purchasing more than 11.3 billion rupees worth of airwaves in total, accounting for just 12 percent of the minimum value of Rs 96,238 crore that the government had estimated. the spectrum offered.The...
Spectrum demand in the Rs 96,000 crore auction held by the government was focused on the 900 MHz and 1,800 MHz bands.According to telecom analyst Parag Kar, while the 900 MHz band received bids worth Rs 6,985 crore, the 1800 MHz band received bids worth Rs 3,579 crore.In the 2100 MHz band...
New Delhi, The auction of radio waves used for mobile services had a muted opening on Tuesday, with five rounds attracting bids worth around Rs 11,000 crore from telecom companies.The government has put up for auction over 10,500 MHz of spectrum in eight frequency bands - 800 MHz, 900 MHz...
In New Delhi, telecom operators showed interest in four spectrum bands (900 MHz, 1,800 MHz, 2,100 MHz and 2,500 MHz) as the auction entered the fourth round around 3 pm on Tuesday, sources said.The auction of spectrum for mobile services above 10,500 Mhz worth over Rs 96,238 crore began at 10...
New Delhi, The auction for spectrum worth Rs 96,238 crore began on Tuesday and companies like Airtel and Reliance Jio are expected to bid to acquire radio waves that will help boost their 5G services.This is the tenth spectrum auction since the process of selling radio waves began through an...
New Delhi [India], The government is all set to hold the 5G spectrum auction on June 25, 2024, the Ministry of Communications said in an official statement.He said the government's objective is to provide high-quality and affordable telecom services to the people of India.The call for the...
New Delhi, spectrum auction for mobile services radio waves above 10,500 megahertz worth over Rs 96,238 crore will begin at 10 am, an official statement said on Tuesday.This is the tenth spectrum auction since the process of selling radio waves began through an online bidding process in 2010...
New Delhi: Spectrum worth over Rs 96,000 crore will be sold as auctions in eight bands begin on Tuesday, with telecom operators Reliance Jio, Bharti Airtel and Vodafone Idea vying for airwaves crucial for services 5G mobiles.In August 2022, the last spectrum auction was held, which, for the...
New Delhi: Debt-ridden telecom operator Vodafone Idea on Friday said it has fulfilled the minimum rollout obligation for 5G network.Vodafone Idea (VIL) had acquired spectrum to provide 5G services in 17 telecom circles in 2022."Vodafone Idea has completed its minimum rollout obligation (MRO)...
New Delhi, British telecom company Vodafone said on Wednesday that it has sold 18 percent stake in Indus Towers for 1.7 billion euros (about Rs 15,300 crore).The company will use the bulk of the proceeds to pay off outstanding bank borrowings of 1.8 billion euros secured against Vodafone's...
In a stock exchange filing, Bharti Airtel said it bought 2.695 crore shares in Indus Towers 'on-market'.The telecom service provider had received directors' approval for the acquisition of 2.7 crore (27 million) equity shares in Indus Towers Ltd.Before this deal, Bharti Airtel had 47.95...