Page 20 - Vodafone Idea

Voda Idea rallies 19%, hits highest level since Jan 2022 on heavy volumes

A combined 1,321 million equity shares, representing 2.7 per cent of total equity of Vi, changed hands on the NSE and BSE till 01:55 PM

Telecom tribunal asks DoT to adjust excess Rs 755 crore collected from Vi

Last month, the Bombay High Court also issued an order in Vi's favour asking the Income Tax department to refund Rs 1,128 crore paid by the telco in taxes for AY2016-17

Govt not considering any proposal to take over Vodafone Idea: MoS

The government is not considering any proposal to take over Vodafone Idea (VIL), Parliament was informed on Wednesday. This was stated by Minister of State for Communications Devusinh Chauhan in a written reply in Lok Sabha. To a question on whether the government has any plan to take over Vodafone Idea, Chauhan said, "No such proposal is under consideration in the Department".

Trai directs Jio, Airtel to clarify terms on unlimited 5G data offerings

Bharti Airtel and Reliance Jio have both clarified that unlimited does not equate to infinity as data usage is restricted by speed and network

Vodafone Idea likely to miss December deadline to raise funds: Report

The delay in plans to raise fresh funds is crippling the telco's plan to launch its 5G services

Reliance Jio gains 3.24 million users in Aug, Vi loses nearly 50K: Trai

Jio has consistently posted robust growth in user numbers, having added 2.2 million users in June

Jio cements lead with net additions of 3.2 mn mobile users in Aug: Trai

India's largest mobile operator Reliance Jio added 32.4 lakh users in August, and its wireless subscriber tally topped 44.57 crore, according to data released by telecom regulator Trai. Bharti Airtel gained 12.17 lakh wireless subscribers in August, while cash-strapped Vodafone Idea lost 49,782 users. The mobile subscriber count of Bharti Airtel rose to 37.64 crore in August. Vodafone Idea (Vi), on the other hand, saw its wireless subscriber numbers dip to 22.82 crore during the month. Reliance Jio cemented its position as India's largest mobile operator, adding 32.45 lakh users in August and its wireless subscriber base swelled to over 44.57 crore, according to monthly telecom subscription data released by Telecom Regulatory Authority of India (Trai). Jio's net adds for August were, however, lower than 39 lakh additions in July. "In August, 12.67 million subscribers submitted their requests for Mobile Number Portability (MNP)," Trai said. With this, the cumulative requests (sinc

Trai asks telecom companies to quickly deploy consent driven anti-spam tech

Telcos say businesses dragging feet on new Digital Consent Authorization

This telecom stock nearly doubled in 4 months on institutional buying

Shares of Vodafone Idea hit a 22-month high of Rs 14.45 on the BSE in the intraday trade on Friday, recording positive monthly returns for seven straight months

Vodafone Idea up 12%, hits 21-month high on hopes of equity infusion by Dec

A combined 774 million equity shares, representing 1.6 per cent of total equity of Vi, changed hands on the NSE and BSE till 12:57 PM

Stocks to Watch today: RIL, Voda Idea, SBI, Adani, TTML, Jaiprakash Power

Stocks to Watch on Friday, October 27, 2023: Tata Sons, the holding company of the Tata group, will have to infuse an additional Rs 2,055 crore in its loss-making subsidiary Tata Teleservices

Vodafone Idea Q2 results: Net loss surges 15.2% to Rs 8,746 crore

Company incurred higher expenses on rising finance cost, slow revenue growth

Vodafone Idea Q2 results: Consolidated net loss widens to Rs 8,738 crore

Debt-ridden telecom operator Vodafone Idea on Thursday said its consolidated net loss widened to Rs 8,737.9 crore in the second quarter ended September 30. The company had posted a net loss of Rs 7,595.5 crore a year ago. Its consolidated revenue from operations was almost flat at Rs 10,716.3 crore during the reported quarter against Rs 10,655.5 crore in the September 2022 quarter.

Delhi HC directs govt to refund Rs 7.12 crore IGST to Vodafone-Idea

On the issue of limitation, the court said the controversy whether the petitioner had made the claims within the period of limitation is no longer a contentious issue

License fee by telecoms to be treated as capex not revenue expenditure: SC

This decision overturns previous rulings by the Delhi, Bombay, and Karnataka High Courts, which had favoured the telecom firms

Jio-Airtel battle for home Wi-Fi connections as they aim for higher Arpu

The mobile Arpu for Airtel stood at Rs 200 at the end of the first quarter of FY24. On the other hand, Airtels's Arpu for home services stood at Rs 608

Vodafone Idea files plea in Supreme Court seeking correction of AGR dues

When the CJI asked Salve how long the arguments would take, he said it would only take a day

DoT disposes VIL objections over license fee demand of Rs 3,273 crore

The telecom department has disposed-off Vodafone Idea's (VIL) representation and objections related to license fee demand of Rs 1,749 crore and Rs 1,524 crore, respectively, for FY2016 and FY2017, the troubled telco said. The company further said it is studying the communication to decide the next course of action. "Department of Telecommunication (DoT) vide its communication dated 04.10.2023 has disposed-off the company's representation and objections in respect of license fee demand of Rs 1,749 crore and Rs 1,524 crore respectively (including Interest till 31.03.2023) for financial Year(s) 2015-16 and 2016-17," VIL said in a regulatory filing. The company said in the past it has written to the DoT to correct the errors in demands up to FY 2016-17 "which DoT has not acted upon so far". "If, however, it is permissible for DoT to modify the demands for the period covered by the Judgment of the Supreme Court, then in that event there are various errors which need to be corrected and

May restrict services to Vodafone Idea if dues unpaid: Indus Towers to Trai

Indus Towers has also criticised the telco for 'wilful and continuous' failure to make the due payments

IT shares, RIL, F&O expiry send Sensex 610 pts down, Nifty near 19,500

Closing Bell on September 28, 2023: Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'