Page 22 - Vodafone Idea

Vodafone Idea likely to get extension to pay Q1 spectrum and licence fees

The govt is of the view that the troubled VI should be given adequate time to raise funds, especially now that potential investors are comfortable knowing that the govt is also taking equity in VI

Starlink a step closer to launching its satellite-based internet in India

As Starlink goes ahead with its plan, it will have rivals like Bharti Group company OneWeb, Amazon, and Reliance Jio's satcom waiting for it

Telcos dole out 7-8% salary hikes, up to 110% bonus to retain talent

The market leader, Reliance Jio has not announced the increments and bonuses so far

How do brokerages view Reliance Jio's new feature phone offering?

Brokerages estimate that the launch of 'JioBharat' phones could disrupt the 2G market, and delay the tariff hike discussions in the near-term

ZTE gets Centre's nod to help Vodafone Idea update its network: Report

ZTE and Huawei have also applied to the National Security Council Secretariat to become a 'trusted source'

Ericsson, Nokia not ready to supply 5G equipment to Vi on credit: Report

Recently, Ericsson provided the telco with 2G radios, but only after it made the entire payment

Top headlines: Go First lenders approve $55 mn infusion, Vi turnaround soon

Business Standard brings you the top headlines at this hour

Voda Idea turnaround expected soon, negotiations on to raise funds: Govt

The telecom firm is in advanced negotiations with three to four private equity funds to raise about Rs 20,000 crore

VIL needs promoters, govt to work in tandem to attract new investors

The struggling telecom service provider urgently needs the promoters and the government to work in tandem to attract new investors

Vodafone Idea cuts ties with 25,000 retail partners to reduce costs

As competition in the telecom market rises due to competitive packages by Bharti Airtel and Reliance Jio, Vi is taking drastic cost-cutting measures

COAI re-elects Jio's PK Mittal as chairperson, VIL's Balaji as vice-chair

Reliance Jio Infocomm President and former DoT official Pramod Kumar Mittal has been re-elected as chairperson of the Cellular Operators Association of India for 2023-24, the industry body said on Wednesday. Vodafone Idea Chief Regulatory and Corporate Affairs Officer P Balaji was elected as vice-chairperson at the annual general body meeting of COAI for the financial year 2022-23 "Pramod K Mittal, President, Reliance Jio Infocomm Ltd, will once again hold the position of Chairperson while P Balaji, Chief Regulatory & Corporate Affairs Officer, Vodafone Idea Limited, will be the Vice Chairperson," COAI said in a statement. Mittal comes with an experience of over 40 years in telecommunications. Before joining Reliance Jio Infocomm, Mittal served in the Department of Telecommunications (DoT) for over 37 years. Since 2000, he served as Deputy Director General (DDG) and then as Senior DDG, working in the telecommunication policy formulation and implementation, licensing and regulatory

Vodafone Idea zooms 10% amid report of Rs 14,000-crore fund raise plan

As per a report, promoters Aditya Birla Group (ABG) and UK's Vodafone Group Plc could infuse Rs 14,000 crore in the company

Airtel, Jio target Vi's postpaid users with competitive int'l packages

Indian telecom providers are introducing international roaming packages for postpaid customers with competitive prices as Vodafone Idea reports financial troubles

Jio, VIL pitch for Satcom spectrum allocation via auction, Airtel opposes

While the satellite industry has unanimously demanded spectrum allocation through administrative methods, major telecom firms Reliance Jio, Vodafone Idea, and Bharti Airtel offered divergent views to sector regulator Trai. The comments on a consultation paper on spectrum assignment for space-based communication by the Telecom Regulatory Authority of India were made public on Friday. Reliance Jio and Vodafone Idea (VIL) have suggested that the spectrum for satellite communication services should be allocated through auction, while Bharti Airtel has opposed it. Reliance Jio has submitted that spectrum assignment between space-based and terrestrial networks must maximise public good and serve the greatest number of people. "There is no better method than free and fair auctions to achieve this goal. Auctioning spectrum is the most transparent method of spectrum assignment and allows service providers to decide on their technology, be it terrestrial, satellite, or any other," Reliance J

Funding discussions are on with banks, other sources: Vi CEO Moondra

Says lack of 5G not hurting customer numbers so far, will rollout service as soon as investments come.

Stocks to Watch today, May 26: Voda Idea, Hind Zinc, RIL, SAIL, Zee, Emami

Stocks to watch on May 26, 2023: BEML, BHEL, Grasim, M&M, ONGC, Shree Renuka Sugars, Sun Pharma and Wockhardt among prominent companies scheduled to announce Q4 results on Friday.

Jio adds 3.05 mn mobile users in March, Vodafone Idea loses 1.2 mn users

India's largest telecom operator Reliance Jio added 30.5 lakh mobile subscribers in March, accelerating its momentum of February, while Vodafone Idea lost 12.12 lakh wireless users during the month, according to data released by telecom regulator TRAI. Sunil Mittal-led telecom company Bharti Airtel onborded 10.37 lakh mobile subscribers in March, raising its subscriber base to 37.09 crores in March against 36.98 crores in February. Reliance Jio added 30.5 lakh subscribers in March, as its subscriber count exceeded 43 crore, compared to 42.71 crore in February. It is pertinent to mention that in February too, Reliance Jio had added the maximum number of mobile subscribers (at about 10 lakh) among telcos, while Airtel had gained 9.82 lakh mobile users during February. A look at March data released by TRAI showed that Vodafone Idea -- which trails Reliance Jio and Bharti Airtel in the mobile market subscriber tally -- lost 12.12 lakh mobile users in March. Vodafone Idea's mobile ...

Stocks to Watch today, May 17: Paytm, Voda Idea, JK Tyre, Oberoi Realty

Stocks to Watch on Wednesday: The Supreme Court will, on Wednesday, hear a batch of Public Interest Litigations (PILs) seeking an investigation into the Adani Group-Hindenburg report

VIL still needs additional liquidity to survive, says Vodafone Group

Vodafone Group owns 32.29% stake in VIL while Aditya Birla group owns 18.07% stake in VIL after the government picked up 33% stake in the loss-making company

VI adopts Ericsson's online charging solution for faster product launches

Ericsson's solution implemented across India, replaces VI's three existing solutions