Page 18 - Idea Cellular News Today

From being the biggest telecom company in India post their merger with over 40 crore customers, today Vodafone Idea is the third-largest, still with a sizeable 26.8 crore consumers. If it files for bankruptcy, there will be a near-panic situation as customers will scramble to migrate to Jio or Airtel or BSNL/MTNL.

Vis review petition was filed within weeks of SC rejecting its earlier appeal to look into alleged arithmetical errors made by the DoT, thus confirming the AGR dues at Rs 58,254 crore, of which it has paid Rs 7,854 crore.

Vi’s new Rs. 1,699 and Rs. 2,299 RedX Family postpaid plans come with three-member and five-member connection benefits. Both the plans offer unlimited calls, unlimited data, 3,000 SMS messages per month, and benefits like Amazon Prime and Netflix subscription.

From bankruptcy to selling off of stakes to the government, rumours are abuzz about Vi. We tell the facts from the fake.

Asian shares were trading with mild gains on Thursday, shrugging off the worries about coronavirus infections and mixed overnight trade on Wall Street. MSCIs broadest index of Asia-Pacific shares outside Japan was up by 0.15 per cent.

India Business News: Shares of India's Vodafone Idea tumbled as much as 24% on Thursday, a day after the troubled telecom operator's board accepted billionaire-industriali

Vodafone Idea owes more than Rs 50,000 crore as outstanding AGR dues to the government Vodafone Group has no plans of infusing more equity into the loss-making Vodafone Idea, Vodafone Group CEO Nick Read said in a conference call, while acknowledging that the telco is going through difficult times. "It is a highly stressed situation that they are trying to navigate. We as a group try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any a...

Govt preparing relief package for telecom sector SECTIONS Share Synopsis An official said there has been no communication from Vodafone Group on the proposal so far and the government has also not sought any clarification. “We have already announced a ₹70,000-crore package for BSNL. The government’s hands are full,” the official added. The package will allow surrender of spectrum, reduce bank guarantees, phase out levies and prospectively define AGR to provide relief to the sector, an o...

Birla offers Voda Idea stake to government Top Searches Birla offers Voda Idea stake to government Pankaj Doval / TNN / Aug 3, 2021, 04:05 IST FacebookTwitterLinkedinEMail NEW DELHI: Unable to work out a revival for the ailing telcom company Vodafone Idea (VIL), company chairman Kumar Mangalam Birla has offered his group’s stake to the government or any other entity that it deems fit, saying that the measure is required in “national interest” as the operations are headed towards an “ir...

Synopsis If equalisation of stakes doesn’t happen even in four years, the UK telecom major can sell its holdings to reach ABGs level from the start of the fifth year to the 10th. Vodafone holds 44.39% of Vi. Agencies The Aditya Birla Group (ABG) has no plans to exercise its option under an existing shareholder pact to buy shares of Vodafone Idea from co-promoter, the UKs Vodafone Group, and increase its 27.66% stake, two people aware of the matter said. Under the pact, ABG has the option to ...