US-based AST SpaceMobile develops satellites that deliver 4G and 5G connectivity directly to standard smartphones without the need for any other equipment
The Centre is working on a relief plan for Vi, including a longer AGR payment schedule, but remains firm on not raising its equity stake beyond 49 per cent due to viability and cash flow concerns
Vodafone Idea or Vi shares were in demand on bourses after the company launched its 5G services in Bengaluru after rollouts in Mumbai, Delhi-NCR, Patna and Chandigarh
Supreme Court (SC) had dismissed petitions by telecom companies Vi and Airtel seeking a waiver on paying interest, penalty, and interest on penalty components as part of their long-standing AGR dues
The planned fundraise is part of Vodafone Idea's broader effort to strengthen its balance sheet and support investments in network expansion and 5G rollout
NSE F&O data shows that RVNL, Vodafone Idea and Uno Minda are witnessing long build-up of positions; while Aditya Birla Fashion is seeing short build-up.
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The statement comes after the SC dismissed petitions by Vi and Airtel seeking a waiver on paying interest, penalty, and interest on penalty components as part of their long-standing AGR dues
Vodafone Idea plans 5G rollout and debt stabilisation in India
Vi board approves plan to raise Rs 20,000 crore through FPO or private placement as Q4 net loss narrows and ARPU rises for fourth consecutive quarter
Airtel has informed the government and regulator Trai that it has approached Reliance Jio and Vodafone Idea with a proposal for a joint initiative to unite the industry against rising telecom fraud and scams. Airtel has also urged all telcos to collaborate and collectively address the growing threat of deceptive and malicious scams targeting vulnerable individuals. In separate letters to the telcos, it cited data that India recorded over 1.7 million cybercrime complaints in the first nine months of 2024, resulting in financial losses exceeding Rs 11,000 crore. The call for action comes at a time when cybercriminals are using increasingly sophisticated tactics like phishing links, fake loan offers, and fraudulent payment pages, leading to a surge in digital fraud and identity theft incidents. Airtel has upped the ante on the war on digital spams and scams, and the last few weeks have seen the Sunil Mittal-led telco rolling out fraud detection solution to block rogue sites across ...
43% of total smartphone users of Reliance Jio and Airtel have already jumped on the bandwagon
Vi must urgently raise capital
India’s telecom giants, Vodafone Idea, Airtel, and Tata Teleservices, are in for big trouble as the Supreme Court has dismissed their latest plea for relief in the AGR dues case.
Vodafone Idea said that the Hon'ble Supreme Court refused to admit the Writ Petition filed by the company, seeking appropriate relief in the AGR matter.
Vodafone Idea AGR Relief: According to reports, the Supreme Court, on Monday, dismissed writ petitions filed by Vodafone Idea asking the Court to direct the Government to exempt interests on AGR dues
The call for collaboration comes at a time when the government is intensifying efforts to detect and prevent potential cybersecurity attacks
The government on April 29 rejected the request by Vodafone Idea CEO Akshaya Moondra for a waiver on interest and penalties it owes on $9.76 billion in dues
Bharti Airtel and Bharti Hexacom have moved the Supreme Court seeking relief from AGR dues, following Vodafone Idea's plea. The telcos warn of financial strain without a waiver on interest & penalties
The report comes a day after Vi filed a fresh plea before the Supreme Court seeking a waiver of over ₹30,000 crore of Adjusted Gross Revenue (AGR) dues