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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

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 ₹2,000 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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Market concentration of telecom sector leaders rises to 72% in FY23

Market concentration in the countrys telecom sector continues to scale new heights despite government bailouts of public-sector Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), and private-sector Vodafone Idea. The combined revenue (or net sales) share of the countrys top two telecom operators - Bharti Airtel and Reliance Jio - in the sectors total reached an all-time high of nearly 72 per cent in FY23 from 70.4 per cent in FY22 and around 60 per cent in FY20. The net sa...
United States Dominic Xavier Rediff Bharti Airtel Bharat Sanchar Nigam Ltd Mahanagar Telephone Nigam Ltd United States Justice Department
Source: rediff.com

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