There are still ways for customers to avoid the full impact of the tariff increases
Leading telecom operators are targeting users with 365-day plans priced between Rs 2,545 and Rs 3,099 through aggressive in-app promotions
Stocks to Watch on July 1: After Reliance Jio, telecom majors Bharti Airtel, and Vodafone Idea have announced new tariff plans
In the last two rounds of tariff hikes, Vodafone Idea (Vi) in December 2019 and Bharti (Dec 2021) took the lead, while R-Jio was the last one to raise tariffs
Almost 60 per cent of MSMEs plan to digitise their business processes, and 43 per cent plan to increase their digitalisation budget by 2025, according to a study by Vi Business, the enterprise arm of Vi (Vodafone Idea). Medium, Small, and Micro Enterprises (MSMEs) are the backbone of India's economy, currently contributing nearly 30 per cent to the country's GDP, the report said. There are several studies that suggest MSMEs will boost their GDP contribution to 35-40 per cent by 2027. Hence, MSMEs must adopt digital transformation to unleash their growth potential and play a pivotal role in making India a Viksit Bharat (a developed economy) by 2047, it said. The 'Vi Business ReadyForNext MSME Growth Insights Study' drew insights from 1.6 lakh respondents across 16 industries. "In FY 2025, MSMEs are looking to prioritise digitalising business processes (59 per cent) over workspace optimisation (29 per cent), and customer engagement (12 per cent), indicating need for future-proofing
Reliance Jio and Airtel have hiked tariffs by 10% to 25% following a subdued response to the recent government spectrum auction
Telecom stock update: Bharti Airtel rallied 5 per cent to hit a new high at Rs 1,539; RIL rose 2% to Rs 3,129, and saw its market capitalisation touch Rs 21.12 trillion in intra-day trades today.
Stocks to watch on Friday, June 28, 2024: Shares of telecom companies expected to hog limelight; Stanley Lifestyles to debut on the bourses today.
Latest spectrum won't change sector dynamics, eyes on tariff action, they say
Vodafone Idea's higher-than-expected spectrum spends to boost network experience is a positive move, said Kotak Institutional Equities
Telco has already deployed Samsung's vRAN tech in 3 circles
Debt-ridden telecom operator Vodafone Idea bought spectrum worth Rs 3,510 crore to improve 4G network coverage and service, the company said on Wednesday. Besides renewing 900 megahertz spectrum in UP West and West Bengal, the company enhanced its 900 MHz spectrum holding in seven circles, namely Andhra Pradesh, Tamil Nadu, Karnataka, Punjab, Rajasthan, UP East and Kolkata. "VIL has strategically acquired spectrum in the select markets to enhance and strengthen its overall spectrum portfolio. This acquisition will enable us to effectively use dedicated sub GHz spectrum towards advanced technologies to enhance the experience we offer to our customers," VIL CEO Akshaya Moondra said in a statement. VIL has plans to invest up to Rs 55,000 crore over the next three years with focus on expanding and strengthening 4G coverage. During the calendar year 2024, the company has raised around Rs 24,000 crore through equity issue (including proposed preferential issue of Rs 2,458 crore to Nokia
Encouraged by the favourable trial outcomes and performance matching on par with current suppliers, Vodafone Idea has extended Samsung deployments to the Karnataka and Bihar regions
Shares of Vodafone Idea hit a 52-week high of Rs 18.47, surging 7% amid heavy volumes, surpassing its previous high of Rs 18.42 touched on January 1
Debt-ridden telecom operator Vodafone Idea on Friday said it has completed the minimum rollout obligation for 5G networks. Vodafone Idea (VIL) had acquired spectrum to provide 5G services in 17 telecom circles in 2022. "Vodafone Idea has completed its Minimum Rollout Obligation (MRO) across all Vi 5G circles on both spectrum bands," the company said in a statement. VIL had acquired 50 MHz spectrum in 3,300 Mhz band across 17 circles each for Rs 15,137.75 crore through auctions that were held in 2022. The company had to launch commercial service in at least one city in each circle by the end of the first year, 28 towns by 2025 across all telecom circle categories, and 87 towns across all categories of telecom circles by 2027. VIL estimates its capital expenditure requirement to be in the range of Rs 50,000-55,000 crore over the next three years. The company had recently raised around Rs 20,000 crore comprising Rs 18,000 crore from follow-on public offer (FPO), Rs 2,075 crore from
Bankers sentiments differ on loans sought by state-backed oil giant BPCL and telecom major Vodafone Idea, which cumulatively amount to Rs 55,000 crore
On June 19, Vodafone sold 18 per cent stake in Indus Towers for Rs 15,300 crore to repay debts. Post stake sale, Vi's holding in Indus Towers stood at 3.1 per cent
Vodafone Idea is all set to participate in the industry growth with right investments to expand its 4G coverage and offer 5G experience to its customers
Telecom major Vi plans to invest Rs 50,000-55,000 crore over the next three years to enhance and strengthen its 4G connectivity and rollout 5G networks in key markets
Asia-Pacific markets were buzzing ahead of the Reserve Bank of Australia's rate decision