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Bharti Airtel: Vodafone Idea expects to close external equity funding in December Quarter, ET Telecom

Bharti Airtel: In the meantime, the telco will miss meeting the minimum rollout obligations for the first year of 5G spectrum acquisition in 15 out of the 17 circles it has bought spectrum in, and will have to pay Rs 12-13 crore in liquidated damages as a consequence, Moondra said, speaking at the telco’s fiscal first quarter earnings call.
Akshaya Moondra Bharti Airtel Btab Group Citi Research Vodafone Idea Vodafone India

Rs 2,000-crore financial support from a Vodafone Idea promoter insufficient: Analysts, ET Telecom

Earlier this week, loss-making Vi said one of its promoters had agreed to provide direct or indirect financial support to the extent of Rs 2,000 crore for meeting the telco’s impending payment obligations. Vi did not name the specific promoter.
West Bengal Btab Group Aditya Birla Group Citi Research India Aditya Birla Group Department Of Telecommunications Do

Rs 2,000 cr financial support from a Vi promoter insufficient: Analysts

Earlier this week, loss-making Vi said one of its promoters had agreed to provide direct or indirect financial support to the extent of Rs 2,000 crore for meeting the telcos impending payment obligations. Vi did not name the specific promoter.
Department Of Telecommunications Do Citi Research United Kingdom Vodafone Plc Aditya Birla Group Btab Group India Aditya Birla Group

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equity funding: Vodafone Idea expects to close external equity funding in December Quarter

Vodafone Idea had said in an exchange filing on Monday that one of its promoters has committed to providing financial support to the extent of โ‚น2,000 crore without saying which one. The Vodafone Group UK and the Aditya Birla Group are the main promoters of the company.
Akshaya Moondra Bharti Airtel Citi Research Btab Group Vodafone Idea Vodafone India

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