vodafone

New Delhi, A day after Vodafone Idea announced that it will allocate Rs 2,458 crore of preferential equity to vendors Ericsson and Nokia for partial payment of dues, renowned banker Uday Kotak on Friday said the equity will be allocated to the creditors to pay their dues. Took a dig at the...

New Delhi: Debt-laden telecom operator Vodafone Idea will allot shares worth Rs 2,458 crore to vendors Nokia India and Ericsson India to partially repay their dues, a regulatory filing said on Thursday.The board of Vodafone Idea Limited (VIL) has approved the allotment of shares on a...

In a stock regulatory filing, the company said it will allot 102.7 crore shares (1.48 per cent) worth Rs 1,520 crore to Nokia Solutions & Networks India Pvt Ltd.The remaining over 63.7 crore shares (0.91 per cent) totaling Rs 938 crore will be given to Ericsson India Pvt Ltd, a non-promoter of...

New Delhi: Debt-laden telecom operator Vodafone Idea will allot shares worth Rs 2,458 crore to vendors Nokia India and Ericsson India to partially repay their dues, a regulatory filing said on Thursday.The board of Vodafone Idea Limited (VIL) has approved the allotment of shares on a...

Vodafone Idea Limited chief operating officer (COO) Abhijeet Kishore will be the president, while Bharti Airtel chief regulatory officer (CRO) Rahul Vats will be the vice president of the association.“As India enters the third innings of the Narendra Modi-led government, we are hopeful that...

New Delhi, Telecom operator Vodafone Idea on Thursday announced its partnership with global streaming giant, Netflix, as the telco looks to strengthen the entertainment ecosystem for customers.VIL has also promised to launch its postpaid offering with Netflix soon.In a release about the...

New Delhi: After the NCLT approved the amalgamation plan related to certain entities, about 35.37 crore shares or 0.52 per cent stake of Vodafone Idea held by Birla TMT Holdings has been transferred to Birla Group Holdings, although Aditya Birla Group has stake in the telco. The total...

New Delhi: The combined market capitalization of Aditya Birla Group companies has crossed US $ 100 billion (Rs 8,51,460.25 crore) on Friday.The group companies – UltraTech Cement, Grasim, Hindalco, Aditya Birla Capital, Aditya Birla Sun Life AMC, Vodafone Idea, Aditya Birla Fashion & Retail...

In a regulatory filing, the company said its board has approved the allotment of 139.54 crore equity shares of face value of Rs 10 each at an issue price of Rs 14.87 per equity share (including premium of Rs 4.87 per equity share). to Rs 2,075 crore.After the allotment of equity shares, the...

New Delhi [India], Department of Telecommunications has released the list of final bidders for spectrum auction in various band categories. The department has named Bharti Airtel, Vodafone Idea and Reliance Jio Infocomm as final bidders in the spectrum auction of 10,523.15 MHz. According to the...

New Delhi: Debt-laden Vodafone Idea plans to start 5G rollout in six months in select cities and locations where the density of 5G devices is high, a senior company official said on Friday.Vodafone Idea CEO Akshay Mundra said the company expects its capital expenditure to be between Rs...

New Delhi: Debt-laden telecom operator Vodafone Idea on Thursday said loss widened to Rs 7,675 crore in the March quarter amid rise in interest and financing costs.The company had registered a loss of Rs 6,419 crore in the same period a year ago.Consolidated revenue from operations during...

Vodafone Idea's revenue from operations increased marginally to Rs 10,606 crore from Rs 10,531 crore in the same quarter last fiscal.Its average revenue per user (ARPU) increased to Rs 146 from Rs 135 in the same quarter last fiscal.The company also said it recorded the highest quarterly...

New Delhi: Bharti Airtel Managing Director Gopal Vittal on Wednesday said he is happy to see Vodafone Idea raising funds and added that India will be well served with three private players active in the market.The comment assumes significance as Airtel's smaller rival Vodafone Idea recently...

New Delhi: Bharti Airtel Managing Director Gopa Vittal on Wednesday said tariffs in the Indian telecom industry are "extremely low compared to other parts of the world." He strongly advocated "tariff repair" to increase the return ratio.During Airtel's fourth quarter earnings call, Vittal...

New Delhi: Shareholders of debt-laden telecom company Vodafone Idea have approved a proposal to increase its authorized share capital to Rs 1 lakh crore and issue equity shares on a preferential basis to promoter group firm Oriana Investments, a regulator said on Thursday. This information was...

New Delhi: Financial services company Citigroup on Wednesday sold shares of telecom company Vodafone Idea for over Rs 233 crore through an open market transaction.US-based Citigroup sold Vodafone Idea shares through its affiliate, Citigroup Global Markets Mauritius, through a block deal on the...

New Delhi: Telecom operators Reliance Jio, Bharti Airtel and Vodafone Idea have submitted their applications to bid for the Rs 96,317 crore spectrum auction, which is scheduled to begin on June 6, according to sources.The Adani Group company was a surprise bidder in the last auction held in...

New Delhi: Telecom infrastructure firm Indus Towers is hopeful that Vodafone Idea will soon get its dues after the telecom company raised Rs 18,000 crore from the stock market. A senior official of the company said this on Wednesday.Without naming Vodafone Idea, Indus Towers Managing Director...

New Delhi, ATC Telecom Infrastructure on Friday sold its entire 2.87 per cent stake in telecom operator Vodafone Idea for Rs 1,840 crore through an open market transaction.American Tower Corporation (ATC) Telecom Infrastructure is one of the largest infrastructure service providers to Vodafone...