Page 49 - Vodafone Idea

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Confident that funding will take place in coming weeks: Vodafone Idea CEO

VIL had reported narrowing of consolidated loss to about Rs 7,023 crore for the quarter ended March 2021, mainly on the strength of cost optimisation.

Uncertainty on AGR, spectrum payments weighs on Vodafone Idea: Analysts

Without fundraising, the company may not be able to meet its payment obligations over the next 12 months

Voda Idea seeks 1-year moratorium on Rs 8,200 cr spectrum instalment

Vi has appro­ached the government to seek one-year mor­a­torium on payment of spectrum instalment of over Rs 8,200 crore, due in April 2022

Vodafone Idea's auditors raise doubts over its 'going concern' status

In its notes to the financial results for FY21 and the fourth quarter of last fiscal, the company said that the group has incurred losses of Rs 44,233.1 crore for the year ended March 31

Sky-high battle between satellite service providers and telcos for spectrum

Satellite companies are demanding spectrum free or at a nominal administered price as is done in other parts of the world. The move is being vehemently opposed by telcos through the COAI

Vodafone Idea slips 15% on weak operational performance in Q4

In Q4FY21, Vodafone Idea reported a loss of Rs 7,023 crore as against Rs 4,532 crore in Q3FY21

Stocks to watch: Vodafone Idea, SpiceJet, Union Bank, Dish TV, auto stocks

Shares of auto companies will be in focus as firms will release their sales figures for the month of June

Telcos sustain growth but FY21 revenue still far from FY16 peak

Report combined net sales of Rs 1.87 trn as against Rs 2.24 trn posted 5 years ago

Voda Idea cuts loss by 39.5% to Rs 7,022 cr on lower exceptional expenses

Posts highest-ever EBITDA margin, on the back of lower operating and exceptional expenses; lags peer on ARPU

Stocks to watch: Voda Idea, RIL, Cipla, Indiabulls Housing, pharma stocks

Vodafone Idea is likely to post a narrowing of losses in Q4FY21 even though subscriber losses and zero IUC regime may dent the top-line

Vodafone Idea Q4 preview: Losses may narrow; commentary on fundraising eyed

The management's commentary on fundraising, tariff hikes, and adjusted gross revenue (AGR) case will be keenly watched, apart from the headline numbers

Vodafone Idea partners with Cisco to support 4G and 5G user experience

Airtel also announced a partnership with Tata Consultancy Services earlier in the week to implement 5G broadband network solutions in India.

Stocks to watch: Hero Moto, NMDC, HDFC Bank, Centrum Capital, VIL, CDSL

Two-wheeler maker Hero MotoCorp will hike its vehicle prices by up to Rs 3,000 from July to partially offset the impact of the higher commodity prices

Vodafone Idea plans to raise Rs 7,000 crore via QIP; stock rises 10%

Vodafone Idea is looking for new investors after both its promoters have refused to infuse additional funds into the company

Jio sees near 100% sequential growth in new subscribers in March: Trai data

According to the latest data by TRAI, Bharti Airtel added 4 million subscribers to its network, followed by Vodafone Idea with 1.1 million users and Bharat Sanchar Nigam Ltd with 194,310.

March quarter results suggests signal remains weak for telecom companies

The subdued trend in ARPUs is among key concerns

Voda Idea offers one-time Rs 49 plan for free to 6 cr low-income customers

Vodafone Idea (Vi) on Tuesday announced that it will provide a one-time Rs 49 plan for free to its around 6 crore low-income customers to help them stay connected during this pandemic time. Additionally, Vodafone Idea customers in the target group will get almost double benefit on recharging their mobile service account with plan value of Rs 79, the company said in a statement. The scheme, covering 6 crore customers with Rs 49 recharge plan, is worth Rs 294 crore. "Vi will provide Rs 49 pack free to over 60 million low income customers due to the current situation. The pack offers talktime of Rs 38 and 100 MB data with a validity of 28 days. With this Vi is hopeful of enabling its customers to stay connected safely," the company said in a statement. Jio and Airtel have already announced relief plans for customers in select segments.

Mumbai helps Vodafone Idea add 1.56 million subscribers after 20 months

The company's subscriber base in Mumbai went up from 8.9 million in January this year to 10.47 million in February

Stuck with Vodafone, SpiceJet? Trading strategies for top losers of 2021

Among individual stocks, a total of 140 of the BSE500 stocks have given negative return so far in CY2021