After four-year hiatus, the loss-making Vodafone Idea (VIL) added 0.2 million active users in March 2022.
According to a JP Morgan report, high leverage makes the value of Vodafone Idea (VIL) equity complicated and very sensitive to small changes in assumptions, thus largely unforecastable.
Telecom service provider Vodafone Idea narrowed its year-on-year loss to Rs 6,563 crore in the fourth quarter that ended March 31,2022.
The tie-up is aimed at improving the students' education and employment prospects across Science, Technology, Engineering, and Mathematics.
The centre has been named InViCT- ICRIER and Vodafone Idea Centre for Telecom, which will drive research advisory and policy support efforts, according to a statement.
Mukesh Ambani-led-Reliance Jio continued to lose its subscribers for a third month in a row as it lost nearly 3.6 million users in February 2022.
The high base price of 5G spectrum will invite a weak participation from telecom operators in the upcoming 5G spectrum auctions, said telecom experts on Wednesday.
Bharti Airtel launched a new video streaming service, Airtel Xstream Premium, which aggregates content from 15 Indian and global video OTTs in one app.
Experts say the move is a signal of promoter’s intent to rebuild the company. They say the renewed confidence by the parent company would have a rub-off effect on other investors.
Prime Metals held 2,18,55,26,081 equity shares, representing 7.61 per cent of the equity share capital, of Vodafone Idea Limited.
Vodafone Idea Limited (VIL) on Thursday informed that its board members have approved allotment of 338.3 crore equity shares to its three promoters to raise Rs 4500 crore.
India lost around 9.38 million mobile users in January 2022 as per the data released by Telecom Authority of India (TRAI) on Wednesday.
VIL informed that its board had approved a proposal to raise Rs 14,500 crore from its promoters and investors through equity, warrants and convertible debentures.
Sources said that VIL believes that the time is right for re-aligning and streamlining Consumer Digital resources so as to be able to achieve greater operational scale and deliver with speed.
Bids were invited for 4 properties of BSNL and 2 properties of MTNL on 18 November 2021 and opened on 4 January 2022.