The funds will be used to retire debt, bidding for spectrum that begins next week, expansion of network and deployment of next generation technologies
Vodafone said it had always provided PoIs to other operators for all their fair, reasonable and legitimate requirements
To replace debt as competition further intensifies with the entry of Reliance Jio in the market
To spend around Rs 8,000 crore this year on network expansion and upgradation
Under the plan, they will be charged Re 1 per minute for outgoing calls and Re 1 per MB for data browsing on the home phone number
Variant of this plan is also available at Rs 1,699 which offers free roaming
Although the companies did not disclose financial details of the deal, market estimates say it is worth $750-850 mn
According to Greyhound Research estimates, the deal has been signed in the range of $750-850 million
Vodafone said under the Vodafone Delights bonanza, customers can now enjoy up to 67% more benefits on their existing packs
June 29 order had come on Vodafone's revision petition against the May 10 decision which too was challenged by the company
Despite a drag from EU roaming charge cuts and a weak home market
Total mobile customers of the company in the quarter increased 1.4 million giving a closing customer base of 199.4 million
Company also said that preparations for its much-delayed initial public offer is still underway but did not offer a time-frame
Faster growing markets in Africa, West Asia and Asia-Pacific grew by 7.7 per cent in the three months to end-June
63% of IoT adopters are seeing "significant" returns on investment, up from 59% last year, the report said
However, it asks I-T Dept not to give effect to its final order till next hearing in July
It would try incorporate the Indian unit's financials for the first half of the calendar year
Vodafone is amongst the top two mobile phone operators in UP (E) with subscriber base of 19.20 million
Vodafone ambitions reflect tougher telco times
Data revenue grew 45% to Rs 8,263 crore in FY16 compared with Rs 5,690 crore last year