Vodafone India

Telecom regulator asks Vi to check matter internally

Vodafone Idea is believed to have moved closer to securing funding for its capital expenditure plan, with SBI agreeing to sanction its share of the loan. The telecom operator agreed to provide guarant

Vodafone Idea share price gained 3 per cent to hit ₹13.30 against the last closing price of ₹12.91 apiece on the BSE. This marks the third straight day of gains for the stock.

Aditya Birla group co secures Rs 6,400 crore from warrants, fund and non-fund facilities; Co places capex orders of Rs 9,000 crore

From Vodafone Idea's financial struggles and Bengal's political tensions to oil market reactions during the Iran conflict, here are the top opinions of the day

The telco will also pay ₹100 crore annually, from March 2032 to March 2035

Reports indicate the Union Cabinet has likely cleared an adjusted gross revenue (AGR) relief package for the financially stressed operator, including a five-year moratorium on AGR payments

Motilal Oswal remains positive on the telecom sector and maintains 'Buy' ratings on Bharti Airtel and Reliance Jio via Reliance Industries

The Supreme Court on Monday deferred to October 13 the hearing on a plea of telecom major Vodafone Idea Ltd seeking quashing of the additional adjusted gross revenue (AGR) demands for the period until 2016-17. A bench comprising Chief Justice B R Gavai and Justice K Vinod Chandran, which was scheduled to hear the plea, was urged by Solicitor General Tushar Mehta, appearing for the Centre, that the hearing be deferred to next Monday. The submission was supported by senior advocate Mukul Rohatgi, representing Vodafone Idea Ltd (VIL). They urged the bench that the plea be heard before Diwali vacation. The CJI allowed the submissions. Earlier, the top court, on September 26, had deferred the hearing to October 6. The VIL has filed a fresh plea against the Department of Telecommunication's (DoT) fresh demand of Rs 5,606 crore relating to the financial year 201617. Earlier, the Centre had said that efforts were underway to arrive at a resolution with the company. The law officer said

The unit of India's third-largest wireless carrier plans to issue bonds with tenors of two and three years, raising ₹30 billion and ₹20 billion, respectively, the sources said

The billionaire Kumar Mangalam Birla-led wireless carrier had to earlier defer the plan as banks were concerned about the firm's weak finances and mounting dues to the government

The telecom department has approached regulator TRAI seeking recommendations on reserve price, block size, quantum and other modalities for auction of mobile spectrum in eight existing bands, including 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz and 2,300 MHz, according to sources. Other bands where TRAI's views have been sought by the Department of Telecom (DoT) include 2,500 MHz, 3,300 MHz and 2,6GHz bands, the sources told PTI. DoT has also urged the telecom regulator to offer fresh recommendations for auction of spectrum in 600 MHz bands. TRAI has also been asked to look at the possibility of auction for newly identified 6,425-6,725 MHz and 7,025-7,125 MHz bands for recommendations on auction timing, band plan, reserve price, and terms and conditions. In the last auction held in 2024, Sunil Bharti Mittal's Airtel had emerged as the biggest bidder for radio waves used to transmit mobile phone voice and data signals, cornering about 60 per cent of the Rs 11,341 crore worth of spectrum

Jio had about 44% of its subscriber base in rural parts by March

Telecom operators like Jio, Airtel, and Vi have engaged vendors for a caller ID service on all smartphone screens without requiring any third-party app like Truecaller

As per the Trai report, as of December 31, 2024, Vodafone Idea had wired and wireless 126.38 million subscribers

Vodafone Idea's consolidated net losses narrowed marginally to Rs 6,609.3 crore in Q3FY25, from a loss of Rs 6,985.9 crore in Q3FY24

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The company's consolidated loss after tax narrowed to Rs 6,609 crore ($762.20 million) in the quarter ended December 31, from Rs 6,986 crore a year earlier

Stocks to Watch, Jan 10, 2025: TCS, IREDA, Tata Elxsi will be in focus post their Q3 results, also, Swiggy, Zomato, Vi and others will be on the radar

The preferential allotment comes at a time when Vodafone Idea is trying to catch up with its stronger rivals