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  1. ATC converts Rs 160 crore Voda Idea debt bonds into equity

    ATC converts Rs 160 crore Voda Idea debt bonds into equity

    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...
  2. Vodafone Idea has sought waiver of bank guarantee of Rs 24,700 crore from DoT

    Vodafone Idea has sought waiver of bank guarantee of Rs 24,700 crore from DoT

    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...
  3. After Jio, Airtel, Vodafone Idea increases tariffs for all prepaid and post-paid plans; Effective from 4th July

    After Jio, Airtel, Vodafone Idea increases tariffs for all prepaid and post-paid plans; Effective from 4th July

    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...
  4. Airtel, Vi to increase mobile tariffs by 10-24 percent from first week of July

    Airtel, Vi to increase mobile tariffs by 10-24 percent from first week of July

    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...
  5. Vodafone Idea will increase mobile tariffs by 11-24 percent from July 4.

    Vodafone Idea will increase mobile tariffs by 11-24 percent from July 4.

    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...
  6. Jio mobile tariff increased by 12-27 percent from July 3 after 2.5 years, limit for free 5G access fixed

    Jio mobile tariff increased by 12-27 percent from July 3 after 2.5 years, limit for free 5G access fixed

    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...
  7. Telecom spectrum auction completed, now all eyes on impending tariff hike: Analyst

    Telecom spectrum auction completed, now all eyes on impending tariff hike: Analyst

    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...
  8. Revenue of Rs 11,340 crore generated from auction of 141.4 MHz spectrum: Center

    Revenue of Rs 11,340 crore generated from auction of 141.4 MHz spectrum: Center

    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...
  9. The spectrum auction saw the sale of 141.4 MHz radio waves worth Rs 11,340.78 crore; Bharti Airtel Top Buyer

    The spectrum auction saw the sale of 141.4 MHz radio waves worth Rs 11,340.78 crore; Bharti Airtel Top Buyer

    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...
  10. India's spectrum auction ends early on second day; More than Rs 11,300 crore found

    India's spectrum auction ends early on second day; More than Rs 11,300 crore found

    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...
  11. Bid worth Rs 11,000 crore received in 5G spectrum auction, Bharti Airtel leads

    Bid worth Rs 11,000 crore received in 5G spectrum auction, Bharti Airtel leads

    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...
  12. Spectrum auction has a lackluster first day; Telecom companies placed bids worth Rs 11,000 crore in five rounds.

    Spectrum auction has a lackluster first day; Telecom companies placed bids worth Rs 11,000 crore in five rounds.

    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...
  13. The auction has reached the fourth round on the first day, telecom companies are eyeing four spectrum bands.

    The auction has reached the fourth round on the first day, telecom companies are eyeing four spectrum bands.

    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...
  14. Tenth spectrum auction worth Rs 96,238 crore for radio waves begins

    Tenth spectrum auction worth Rs 96,238 crore for radio waves begins

    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...
  15. 5G spectrum auction starts today in New Delhi

    5G spectrum auction starts today in New Delhi

    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...
  16. Tenth spectrum auction worth Rs 96,238 crore for radio waves to begin at 10 am

    Tenth spectrum auction worth Rs 96,238 crore for radio waves to begin at 10 am

    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...
  17. 10th spectrum auction to begin from June 25; Jio potential top bidder

    10th spectrum auction to begin from June 25; Jio potential top bidder

    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...
  18. VIL meets minimum rollout obligations for 5G network

    VIL meets minimum rollout obligations for 5G network

    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)...
  19. Vodafone sells 18 percent stake in Indus Towers for Rs 15,300 crore

    Vodafone sells 18 percent stake in Indus Towers for Rs 15,300 crore

    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...
  20. Bharti Airtel buys 1 percent equity stake in Indus Towers

    Bharti Airtel buys 1 percent equity stake in Indus Towers

    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...
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