Page 75 - Vodafone Idea

Voda Idea to close m-pesa, writes off Rs 210 cr for payments bank closure

Vodafone m-pesa was one of the 11 firms that was given payments bank licence by the Reserve Bank of India in 2015

Nearly a quarter of listed stocks on the BSE trade below face value

Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent

Vodafone Idea stock plunges over 26% on weak June quarter result

Since launch of minimum service recharge plans firm loses 67 mn subscribers

Vodafone Idea to shut m-pesa biz, waives Rs 210 cr to close payments bank

Vodafone Idea CEO Balesh Sharma attributed regulatory changes for the payments bank business and deterioration in health of telecom sector to the decision

Vodafone Idea plunges 29% to hit new low on weak June quarter result

Reliance Jio has now surpassed IDEA in terms of the subscriber base

Jio emerges biggest telco after Vodafone Idea unveils Q1 numbers

Voda Idea's June quarter net loss at Rs 4,873 crore

Jio is India's biggest telecom player; Voda Idea user base dips to 320 mln

Reliance Jio had a user base of 331.3 million in June 2019.

Govt approves Rs 3,050-cr fine on Airtel, Voda Idea; telcos may move court

Airtel and Vodafone Idea had recently concluded their rights issue to pare debt. They raised Rs 25,000 crore each from their respective offers

DCC approves imposing Rs 3,050 cr penalty on Airtel, Vodafone Idea

In October 2016, Trai had recommended imposing a total penalty of Rs 3,050 crore on Airtel, Vodafone and Idea (now merged) for allegedly denying inter-connectivity to Reliance Jio

Vodafone Idea shares slip below face value to hit new low of Rs 9.90

Thus far in the current calendar year 2019, shares of the company have more than halved from the level of Rs 23 on poor earnings and high debt.

Vodafone Idea hires Bank of America, Morgan Stanley for $1.9-bn fibre sale

The bankers will initiate discussions with potential buyers for the fibre assets, which could be valued at as much as Rs 130 billion ($1.9 billion), the sources said

SC agrees to hear Centre plea against TDSAT order on Vodafone Idea

TDSAT had asked DoT to refund bank guarantee worth nearly Rs 21,00 crore to Vodafone Idea

Interest cost may force Vodafone Idea to raise funds at regular intervals

Vodafone Idea still has its Indus Tower stake, currently valued at Rs 6,160 crore

DCC asks Trai to review Rs 3,050 crore penalty on Vodafone Idea and Airtel

Both Airtel and Vodafone Idea have recently concluded their rights' issues to pare debt

Vodafone Idea transfers fibre infra to subsidiary after creditors approval

The meeting of shareholders and creditors of the company were separately held on June 6

Vodafone Idea lags Bharti Airtel, Jio in sequential revenue growth in Q4

Vodafone Idea, which recently concluded Rs 25,000 crore rights issue, is looking to monetise investments in tower venture as well as fibre assets

Vodafone Idea board approves merger of 2 subsidiaries with parent

The merger would, lead to simplification of the corporate structure, and efficient and economical management and control over the running of businesses of the subsidiaries

Vodafone Idea's consolidated loss narrows to Rs 4,882 cr in March quarter

Loss came down from Rs 5,004.6 crore in the Dec quarter; a year-on-year comparison not possible as the merger of Vodafone and Idea had not taken place as of the same quarter last year

Vodafone Group pledges entire 44.39% stake in Vodafone Idea with 7 banks

Shares of Vodafone Idea plunged 7.12 per cent on the BSE on Wednesday

Vodafone Idea slips 12%, hits new low as rights issue shares start trading

About 20,000 million new shares of Vodafone Idea have started trading at National Stock Exchange (NSE) and the BSE with effect from today.