Page 11 - Voda Idea
High spectrum prices, network costs to impact Indian telecom sector: Airtel
Vice-Chairman Rakesh Bharti Mittal said litigation in the sector was also adding to its woes
 "High spectrum prices, network costs to impact Indian telecom sector: Airtel")
Voda Idea turns to cheap recharges for regaining 14 mn lost subscribers
But spend on premium customers through content tie-ups may strain telco on both ends of ARPU scale
 "Voda Idea turns to cheap recharges for regaining 14 mn lost subscribers")
A first in 10 years: Aditya Birla group slips into red as Voda Idea bleeds
Group firms make combined losses of Rs 6,134 cr in FY19, but excluding Voda Idea net profit was Rs 8,470 cr
 "A first in 10 years: Aditya Birla group slips into red as Voda Idea bleeds")
Vodafone Idea gets shareholders' nod to raise share capital to Rs 50,000 cr
The increased authorised share capital provides headroom for the company to infuse additional funds
 "Vodafone Idea gets shareholders' nod to raise share capital to Rs 50,000 cr")
Reversing revenue fall top priority for new Voda Idea CEO Ravinder Takkar
Analysts feel the company may revisit dual brand strategy to bring down marketing costs
 "Reversing revenue fall top priority for new Voda Idea CEO Ravinder Takkar")
Vodafone Idea falls 6% as CEO Balesh Sharma resigns
Ravindar Takkar has been appointed as MD and CEO for a period of three years.
 "Vodafone Idea falls 6% as CEO Balesh Sharma resigns")
Ravinder Takkar replaces Balesh Sharma as CEO of Vodafone Idea
Ravinder Takkar, an experienced global executive, is currently a Board member of Vodafone Idea and Indus Towers where he is responsible for all Vodafone Group interests in India
Voda Idea losses spill over to other AB Birla group firms; m-cap down 6.2%
Vodafone Idea now has a m-cap of Rs 19,454 crore against Rs 39.942 crore at end of last month
 "Voda Idea losses spill over to other AB Birla group firms; m-cap down 6.2%")
Vodafone Idea plunges 29% to hit new low on weak June quarter result
Reliance Jio has now surpassed IDEA in terms of the subscriber base
 "Vodafone Idea plunges 29% to hit new low on weak June quarter result")
Vodafone Idea narrows consolidated loss to Rs 4,873.9 cr in June quarter
The revenue of Vodafone Idea for the June 2019 quarter fell to Rs 11,269.9 cr as against Rs 11,775 cr logged in the January-March 2019 quarter
 "Vodafone Idea narrows consolidated loss to Rs 4,873.9 cr in June quarter")
Vodafone Idea reports Q1 consolidated net loss of Rs 4,873.9 crore
The company's revenue stood at Rs 11,270 crore, while the EBITDA came in at Rs 3,650 crore
Vodafone Idea hires Bank of America, Morgan Stanley for $1.9-bn fibre sale
The bankers will initiate discussions with potential buyers for the fibre assets, which could be valued at as much as Rs 130 billion ($1.9 billion), the sources said
Voda Idea in talks to sell mobile tower stake, assets for Rs 20,000 crore
The company is also planning to raise Rs 25,000 crore through a rights issue to fund its capital expenditure and pare debt.
