Airtel and Jio have accused Vi of making it harder for customers to port out. The dispute recalls a 2021 row that led Trai to order telcos to enable port-out SMS on all plans
Vi denies wrongdoing, saying it operates within existing laws and regulations; Airtel and Jio allege deceptive solicitation and hurdles to mobile number porting
Vodafone Idea, the country's third-biggest wireless operator in terms of users but still loss-making, plans to use some funds to improve its network and better compete with Airtel and Jio
Vodafone Idea share price target: Jefferies has initiated coverage of Vodafone Idea with a 'Buy' rating and set a target price of ₹20, implying a 30 per cent upside from the previous close of ₹15.51.
The Supreme Court declined to interfere with a Bombay High Court ruling that quashed GST proceedings against Vodafone Mobile Services, which had ceased to exist after merger
The Supreme Court dismissed the Centre's appeal against a Bombay High Court ruling that had quashed a ₹363 crore GST demand against Vodafone Idea over a merged entity
In the past four trading days, the stock price of Vi soared 11% after it unveiled a new dynamic identity signalling optimistic future and roping in Shah Rukh Khan to tease what's next for the brand.
The six months from February through July mark a sharp reversal for Vi. During the preceding six months, the carrier lost more than 3.6 million customers
According to reports, Vodafone Idea is in the final stages of closing debt funding from a State Bank of India (SBI)-led consortium of public sector banks.
Pravesh Gour of Swastika Investmart believes the industry's growth model is shifting from cheap data and aggressive subscriber addition towards premiumisation, higher ARPU & better cash generation.
Airtel's withdrawal of select prepaid plans could lift its ARPU, but analysts say Vodafone Idea may gain more if it follows with a similar tariff rejig
The telecom operator has removed several 56- and 60-day prepaid plans as it seeks to move high-data users towards costlier packs and encourage migration to postpaid services