Mobile services rates of Vodafone Idea may see another hike in 2022

Vodafone Idea MD and CEO Ravinder Takkar during the earnings call said that the minimum price of Rs 99 is not an expensive proposition for those who are using 4G services.

published on : 25th January 2022

Vodafone Idea shares tumble over 5 per cent after Q3 loss widens

The company had posted a loss of Rs 4,532.1 crore in the same period a year ago.

published on : 24th January 2022

Vodafone Idea’s consolidated net loss rises to Rs 7,231 cr in Q3

The company said its net debt stands at Rs 1.989 lakh crore as of December end.

published on : 22nd January 2022

Despite government aid, Vodafone Idea woes not over

Govt having stake in lieu of AGR & spectrum dues may give short-term relief, say experts

published on : 16th January 2022

Guidelines for telecom firms' dues conversion into equity likely in a month: Official

Post conversion of the liabilities, the government is projected to have a 35.8 per cent stake in Vodafone Idea and around 9.5 per cent shareholding each in Tata Teleservices (M) and Tata Teleservices.

published on : 13th January 2022

No role of government in Vodafone Idea decision making: CEO Ravinder Takkar

While addressing press managing director and chief executive officer Ravinder Takkar said that the government has no desire to run Vodafone Idea. In fact, it wants its promoters to run it.

published on : 13th January 2022

Telcos' debt liability will remain post conversion of interest dues into equity: Telecom Minister Ashwini Vaishnaw

Debt-ridden VIL, Tata Teleservices and Tata Teleservices Maharashtra have proposed to convert interest liabilities payable to the government into equity.

published on : 12th January 2022

Centre doesn't want to run company, existing promoters committed to managing ops: Vodafone Idea CEO

Addressing the press, managing director and chief executive officer of Vodafone Idea Ravinder Takkar categorically said the government doesn’t want a duopoly in the telecom sector

published on : 12th January 2022

Government to get 35.8 per cent stake in debt-ridden Vodafone Idea in lieu of dues liability

The company's total gross debt, excluding lease liabilities and including interest accrued but not due, as of September 30, 2021 stood at Rs 1,94,780 crore.

published on : 12th January 2022

Vodafone Idea shares slip nearly 19 per cent

VIL has decided to opt for converting about Rs 16,000 crore interest dues liability payable to the government into equity which will amount to around 35.8 per cent stake in the company.

published on : 11th January 2022

Government to hold 35.8 per cent stake in Vodafone Idea, dues liability to be converted into equity

Following the decision, the government will hold around 35.8 per cent shares, the promoter shareholders would hold around 28.5 per cent of Vodafone Group and 17.8 per cent Aditya Birla Group.

published on : 11th January 2022

Three telcos enough for Indian market; no scope for more: COAI

As per telecom regulatory data, Airtel has market shares to 30.35% while Vi has 23.07% and Jio has 36.58% in October.

published on : 9th January 2022

‘No tariff hike by telcos anytime soon’: COAI director general

In November, all the major Indian telcos — Bharti Airtel, Reliance Jio and Vodafone Idea — hiked prepaid tariffs by 20% to 25%.

published on : 6th January 2022

Reliance Jio adds 1.7 million subscribers in October; Airtel, Vi together lose 1.5 million: TRAI

The total wireless subscribers increased from 1,166.02 million at the end of September to 1,166.30 million at the end of October, registering a growth of 0.02%.

published on : 21st December 2021

Telcos tariff hike to spur inflation

Up to 25% hike in pre-paid tariffs will hurt users, slow down digital inclusion, say experts

published on : 19th December 2021
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