Page 9 - Voda Idea

Banks bracing up for a massive spike in stressed loans after SC AGR order

Say loans may not immediately turn into bad debt, but a big chunk of it eventually could

Telcos' AGR dues: Will decide after hearing from DoT, says FM Sitharaman

Addressing a press conference in Bengaluru, Sitharaman said: "In light of court's orders, the department is engaging with telecom companies after the reviews and I will wait to hear from the dept"

Without Voda Idea, Vodafone Group will become smaller than Airtel and Jio

Based on Statista data for 2019, Vodafone has 17.2 million subscribers in the UK, 29.5 million in Germany, and over 13.7 million in Spain

AGR order: Are you a Voda Idea customer? Key things you should know

If firm files for bankruptcy, rules say its daily functions will continue till sale

AGR dues: After SC denies relief, is it the end of road for Vodafone Idea?

Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year

AGR dues: DoT asks telecom operators to pay up as SC breathes fire

Telecom operators ignore midnight deadline; Bharti to pay Rs 10,000 cr by Feb 20; Voda Idea still silent

AGR order: Why Jio is set to gain more than Airtel as Voda faces collapse

Vodafone has 304 million subscribers of which 45 per cent are data subscribers

AGR dues: DoT withdraws order seeking no coercive action against telcos

The department's move came after the Supreme Court directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them

No case for differential treatment to PSUs on AGR dues matter, says COAI

Fifteen telecom companies owe the government Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges.

AGR dues: $3 bn fundraising reduced business flow risk, says Airtel Africa

It added that the group has adequate committed and non-committed facilities to operate as a going concern.

Franklin Templeton MF sidepockets Voda Idea debt following NCD downgrade

Fund house has carved out separate portfolios in six schemes to hold the exposure

Ind-Ra downgrades Voda-Idea's Rs 3,500 cr NCD over AGR-related debt

Vodafone Idea AGR dues as estimated by the Department of Telecom stands at a cumulative Rs 53,038 crore, including Rs 24,729 crore of SUC dues and Rs 28,309 crore in licence fee

Reliance Jio pays Rs 195 cr to DoT to clear all AGR dues in advance

The company has made provision of Rs 177 crore to pay for the government revenue share based on the Supreme Court judgement dated October 24, 2019.

Fund houses take differing stance on Vodafone-Idea AGR-related debt

Experts say not taking markdown can benefit savvy investors that exit exposed schemes

Year in Review: Jet collapse to NBFC mess, biggest business news of 2019

With 2019 drawing to a close, Business Standard looks at the biggest news developments from the world of business that shaped the year

Vodafone Idea mobile customer base drops by 36.3 mn to 336.3 mn in Nov

The telecom operator had reported an increase of 1.89 lakh mobile customers on its network in October

RIL's post-tax ROCE could rise by 11% in two years: Morgan Stanley

Reliance Jio, the telecom arm of RIL, last week raised tariff by up to 39 per cent following hikes effected by other service providers.

Voda Idea falls 9% after chairman says will shut in absence of govt relief

The Bombay Stock Exchange (BSE) has sought clarification from Vodafone Idea about Birla's comment

Airtel, Voda Idea and Jio to hike mobile, data tariffs by up to 40%

Tariff hike for Airtel and Vodafone will be effective from Dec 3, while for Jio the new rates will be applicable from Dec 6

Telco tariff hike to benefit users, boost govt revenue, create jobs: COAI

According to official data, the telecom sector's gross revenue fell about Rs 41,000 crore in three years on account of a dip in mobile services rates.