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Vodafone Idea Vi

Vi Stares At Bleak Future; High Competition To Delay Price Hike By Telecom Companies: Brokerage Report

The brokerage also suspended the rating on Vi, making it clear that given a large debt of over Rs 2.3 lakh crore, which continues to rise, and further potential large dilution in market share, the fundraising would "remain...

27 March 2023

Vodafone Idea

Vodafone Idea Q3 Loss Widens To Rs 7,990 Crore

VIL said that its 4G subscriber base continued to grow and with 10 lakh 4G customers added during the quarter, 4G subscriber base of the company stood at 12.16 crore

15 February 2023

Vodafone Idea

Government Gets 33.44% Stake In Vodafone Idea Post Equity Allocation

The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments

07 February 2023

VIL Allots 12,000 Optionally Convertible Debentures To ATC Telecom Infrastructure

The balance 4,000 debentures will be allotted on receipt of application form and subscription money and due intimation of the same shall be filed as necessary, according to a regulatory filing

28 February 2023

5G Spectrum To Be Auctioned by Telecom Department In April 2024: Report

Last year, the department had auctioned spectrum in bands ranging from 3.3 GHz to 3.6 GHz and 26 GHz mmWave band attracting demand from all the leading telecom players like Reliance Jio, Vodafone Idea and Bharti Airtel

14 February 2023

Vodafone-Idea shares surged after the government approved conversion of over Rs 16,133 crore interest dues of the debt-ridden company into equity

Vodafone Idea Shares Surge 20% After Government Clears Conversion Of Debt To Equity 

After the conversion, which will take place at the price Rs 10 per share, the government will have a 33 per cent stake

06 February 2023

Need To Make Investments To Improve Cash Flows, Clear Vendor Dues: Vodafone Idea CEO

Moondra said that the company is engaged with banks for funding which could not progress earlier as the main requirement of banks was the conversion of the government's interest dues into equity

16 February 2023

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Vodafone Idea Limited Joins Hands With Motorola To Drive 5G Connectivity Across 5G Smartphone Portfolio

The announcement comes within days of Vodafone Idea getting a shot in the arm, with Centre on Friday clearing conversion of the troubled telco's accumulated interest dues worth Rs 16,000 crore into equity

06 February 2023

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06 January 2023
Vodafone Idea Debt Crisis: What Are The Consequences Of It Not Getting Emergency Loans?  

Vodafone Idea Debt Crisis: What Are The Consequences Of It Not Getting Emergency Loans?  

Without fresh capital infusion, there is no way the telecom company can overcome its consolidated debt of around Rs 2 lakh crore


20 December 2022
Telecom Subscriber Base Declines To 117 Crore In October 2022: TRAI

Telecom Subscriber Base Declines To 117 Crore In October 2022: TRAI

Reliance Jio and Bharti Airtel jointly added 22.1 lakh mobile customers while Vodafone Idea (VIL) lost 35 lakh mobile customer.


11 December 2022
Vodafone Idea, ATC Agree To Extend Rs 1,600 Crore Debentures Date Till February 28

Vodafone Idea, ATC Agree To Extend Rs 1,600 Crore Debentures Date Till February 28

Vodafone Idea's proposal to issue Rs 1,600 crore debentures to mobile tower vendor ATC Telecom Infrastructure has lapsed in the absence of any response from...


06 December 2022
Shareholders Approval For Rs 1600 Crore Optionally Convertible Debentures Issue To American Tower Corporation Lapses In Absence Of Govt Response: Vodafone Idea

Shareholders Approval For Rs 1600 Crore Optionally Convertible Debentures Issue To American Tower Corporation Lapses In Absence Of Govt Response: Vodafone Idea

Shareholders of debt-ridden Vodafone Idea (VIL) approved issuing optionally convertible debentures (OCD) worth Rs 1,600 crore to ATC Telecom Infrastructure


21 October 2022
DoT To 'Activate' Conversion Of VIL Dues Into Equity After Seeing Firm Action On Fundraising

DoT To 'Activate' Conversion Of VIL Dues Into Equity After Seeing Firm Action On Fundraising

The nod from market regulator SEBI came in earlier this year for the dues-to-equity conversion, and the Telecom Department is ready to "take the plunge" once...


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06 August 2022
What Made Reliance Jio Fight Fiercely For The 700 MHz Band In The 5G Auctions? 

What Made Reliance Jio Fight Fiercely For The 700 MHz Band In The 5G Auctions? 

The only telco to acquire the coveted 700 MHz, Jio has set its sights on capturing 5G space in India


02 July 2022
SBI Card Joins Hands With Aditya Birla Finance, Launches New Lifestyle Credit Card

SBI Card Joins Hands With Aditya Birla Finance, Launches New Lifestyle Credit Card

Cardholders will enjoy a host of benefits at Aditya Birla Group retail outlets, petrol pumps, entertainment, dining, and hospitality, among others.


13 May 2022
Govt's Rs 16K Crore Dues Conversion Into 33% Stake To Be Completed In Coming Weeks: VIL CEO

Govt's Rs 16K Crore Dues Conversion Into 33% Stake To Be Completed In Coming Weeks: VIL CEO

Vodafone Idea CEO Ravinder Takkar said as part of the telecom reforms package, the company has opted for converting government dues into equity and its...


10 May 2022
Vodafone-Idea Limited Losses To Narrow Rs 6,563 Crore In March Quarter

Vodafone-Idea Limited Losses To Narrow Rs 6,563 Crore In March Quarter

Its revenue from operations rose 6.6 per cent year-on-year to Rs 10,239.5 crore in Q4 FY22.


27 March 2022
Vodafone Idea Shareholders Approve Rs 14,500 Crore Fundraise Proposal

Vodafone Idea Shareholders Approve Rs 14,500 Crore Fundraise Proposal

Vodafone Idea (VIL) had placed special resolution of the issue of equity shares worth Rs 4,500 crore to the group firms of promoters Vodafone and Aditya Birla...


25 February 2022
Jio-Vodafone Against Airtel  Over Satellite Communication Spectrum Allocation

Jio-Vodafone Against Airtel Over Satellite Communication Spectrum Allocation

While Bharti Airtel and Intelsat have proposed that allocation must be done on a case-to-case basis, BSNL has suggested that allocation must be done through...


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23 February 2022
 Vodafone In Talks To Sell 5% Stake In Indus Towers To Bharti Airtel: Report

 Vodafone In Talks To Sell 5% Stake In Indus Towers To Bharti Airtel: Report

Vodafone currently holds about 28% in Indus Towers


21 February 2022
Government To Hire Advisor To Manage Vodafone Idea Equity Conversion: Report

Government To Hire Advisor To Manage Vodafone Idea Equity Conversion: Report

Vodafone Idea, which has opted for converting its dues to stock last month, has proposed the government convert interest dues amounting to Rs 16,000 crore for...


24 January 2022
Vodafone Idea Shares Tumble 8% After Q3 Loss Widens

Vodafone Idea Shares Tumble 8% After Q3 Loss Widens

The telecom operator's stock tanked 7.98 per cent to settle at Rs 10.95 on the BSE. During the day, it plummeted 9.66 per cent to Rs 10.75.


21 January 2022
Vodafone Idea Loss Widens To Rs 7,230 Crore In December Quarter

Vodafone Idea Loss Widens To Rs 7,230 Crore In December Quarter

Consolidated revenue from operations declined by 10.8 per cent to Rs 9,717.3 crore from Rs 10,894.1 crore in the corresponding quarter of 2020-21.  


13 January 2022
Guidelines For Telecoms' Dues Conversion Into Equity Likely In A Month

Guidelines For Telecoms' Dues Conversion Into Equity Likely In A Month

Post conversion of the liabilities, the government is projected to have a 35.8 per cent stake in VIL and around 9.5 per cent shareholding each in TTML and...


12 January 2022
Telecom Companies Will Not Become PSUs: Government

Telecom Companies Will Not Become PSUs: Government

The three debt-ridden companies have proposed to convert their interest liability payable to the government into equity.


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