Page 8 - Vodafone Idea

Over 99% new telecom subscribers join Reliance Jio, Airtel network in May

The total number of telecom subscribers in India grew marginally to 120.7 crore in May with Reliance Jio and Bharti Airtel adding over 99 per cent new customers during the month, according to data published by sector regulator Trai on Friday. The total net subscriber addition by telecom service providers was 43,58,231 while Reliance Jio and Bharti Airtel jointly added 43,51,294, thereby accounting for 99.84 of the total net subscriber addition in May. The overall growth in subscriber base was mitigated by loss of subscribers by debt-ridden Vodafone Idea (Vi) and public sector firms BSNL and MTNL. The total telecom subscriber base in the country grew to 120.7 crore with landline connection growing by 3.34 per cent to 3.86 crore and mobile connections rising to 116.84 crore in May. The total subscriber base in April was 120.3 crore. Reliance Jio dominated the mobile subscriber base, comprising 5G FWA (fixed wireless access) connections, with 40.92 per cent share with net addition of

Vodafone Idea stock sees twin breakout, chart hints at 13% upside potential

Vodafone Idea stock has witnessed a twin breakout with the stock seen trading above the super trend line hurdle and the higher-end of the Bollinger Bands on the daily chart.

Vodafone Idea shares up 3% in trade; what is driving investor interest?

Vodafone Idea share price rose 3 per cent in trade, logging an intraday high at ₹7.1 per share; check all details here

Iran-Israel conflict, India's evacuation drive, Vodafone Idea AGR dues, Adani AGM & more

India has evacuated 292 more nationals from Iran, taking the total to 2,200. Meanwhile, 268 Indians have also been brought back from Israel amid rising tensions in the middle east.

Centre mulls relief for Vodafone Idea as threat of insolvency looms

The government is considering extending the repayment period for AGR dues from the current six years to 20 years, while also shifting from compound to simple interest on the outstanding amount

Vodafone Idea share price rises 2% on inking pact with AST SpaceMobile

Vodafone Idea shares surged following the announcement of a strategic partnership with AST SpaceMobile Inc. aimed at expanding mobile connectivity across India's most remote & unconnected regions.

Stocks to Watch today, June 19: Jio Financial, Inventurus, Hero MotoCorp

Stocks to Watch today, June 19: Jio Financial, Inventurus Knowledge, Hero MotoCorp, Zydus Lifesciences, Vodafone Idea are among stocks that may buzz in trade

Vodafone Idea partners AST Spacemobile to offer satellite phone services

Telecom operator Vodafone Idea on Wednesday announced a partnership with Satcom firm AST SpaceMobile, a rival of Elon Musk-owned SpaceX, to deliver satellite services on smartphones directly. AST SpaceMobile is building the first and only space-based cellular broadband network accessible directly by smartphones, designed for commercial and government applications, Vodafone Idea said in a statement. "Vi (Vodafone Idea) and AST SpaceMobile Inc...announced a strategic partnership to expand mobile connectivity across India's unconnected regions. AST SpaceMobile made history by placing the first-ever voice and video call from space using a standard mobile phone, a milestone that demonstrates the real-world viability of its advanced technology," the statement said. The company did not disclose the date for the launch of the service. Vi's competitors Bharti Airtel and Reliance Jio have joined hands with SpaceX to sell services of its satellite communications (satcom) arm Starlink in ...

Vi, AST SpaceMobile tie-up to offer direct-to-device satellite connectivity

US-based AST SpaceMobile develops satellites that deliver 4G and 5G connectivity directly to standard smartphones without the need for any other equipment

Vi survival in doubt as govt rules out equity swap, plans payment relief

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 share price rises after company launches 5G in Bengaluru

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

Banks may hold back on fresh loans to Vodafone Idea as AGR clouds linger

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

Vodafone Idea to seek shareholder nod for ₹20,000 cr fundraise, AoA tweak

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

RVNL, Vodafone Idea see huge long build-up; ABFRL open bets jump over 100%

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.

Vivo V50e gets Vi 5G bundle with OTT subscriptions: Check plan details

Vi offers an exclusive Rs 1,197 plan with the V50e 5G, featuring 5G access, OTT subscriptions, and more bundled perks. Check details below

Engaged with govt after SC's AGR dues ruling: Vodafone Idea CEO Moondra

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

Looking at further improvements in 4G subscriber base: Vi CEO Moondra

Vodafone Idea plans 5G rollout and debt stabilisation in India

Vodafone Idea Q4 results: Loss narrows 6.62% to ₹7,166 crore, ARPU at ₹164

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 approaches Jio, VIL on joint telecom initiative against fraud

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 Bharti Airtel, Reliance Jio smartphone users have shifted to 5G

43% of total smartphone users of Reliance Jio and Airtel have already jumped on the bandwagon