Page 20 - Idea Cellular News Today

Avneesh Khosla Vi (the brand born after the merger between Vodafone and Idea) has completed a little over six months of existence in the country. In those months, Vi has been visible during two IPLs, seen a change in its marketing leadership with Avneesh Khosla being elevated as chief marketing officer (from marketing director), and a lot more.   We caught up with Khosla to learn about his frantic start, the state of the telco industry, data usage, and more…     You took over as CMO s...

Bharti Airtel to acquire Tata Teleservices on debt free cash free basis Bharti Airtel to acquire Tata Teleservices on debt free cash free basis Bharti Airtel Will Acquire Tata Group’s Loss-making Mobile Telephony Business, Almost For Free, Boosting Its Spectrum Holding And Raising Subscriber Base While Saving The Tatas From The Prospect Of Having To Shut Down The Struggling Unit. PTI | Updated on: 13 Oct 2017, 02:14:42 AM New Delhi: Bharti Airtel will acquir...

Lyca Group has announced a new Group CEO as part of its international expansion. Navanit Narayan has been appointed to the role, a promotion from his position as Lycamobile Group chief operating officer. Narayan has over 30 years’ experience in supporting the growth of businesses across a variety of sectors, including manufacturing, consulting and IT. He has previously held roles at Nokia, Idea Cellular and Vodafone Idea before joining Lycamobile last year. Commenting on his new role, Narayan...

Lenovo has appointed Amar Babu to succeed Ken Wong as the company’s Asia Pacific region leader. Babu is moving from the position of services and operations leader in the intelligent devices group to take over from Wong who is headed into the role of solutions and services group president. Based in Mumbai, Babu will oversee Japan, Korea, Taiwan, Hong Kong, ASEAN, Australia, New Zealand, and India / South Asia.  He was the Lenovo Asia Pacific vice president and chief operating officer for thre...

Broker’s Call: Sell Indus Towers | Updated on CMP: ₹254.25 The tenancy ratio of erstwhile Bharti Infratel — now known as Indus Tower after a scheme of amalgamation — peaked in FY17 to 2.34x and sharply fell to 1.87x in FY19, owing to mass exit of co-location after merger of Vodafone and Idea Cellular. Non-linear co-location addition has continued since FY19, which led to the tenancy ratio touching a 10-year low of 1.82x in Q3FY21. As the 5G launch in India is a couple of years away, te...

[Funding alert] Femtech startup Say Cheese raises seed round at Rs 10 Cr valuation The Mumbai-based femtech startup will use the funds to build its services and enhance the technology to make the platform more scalable. 0 claps Say Cheese, a Mumbai-based femtech startup, on Monday announced that it has raised an undisclosed amount in a seed funding round from Indian national angel investor Naved Khan, who is currently based out of Australia.   This seed round pegs the valuation of the start...

Spectrum acquisition in recent auctions to fill certain gaps in some circles has put VIL on a "strong footing" to be competitive in market, ensuring all elements are now in place to offer improved services and compelling proposition to customers, a senior company official said. Vodafone Idea Limited (VIL) Chief Regulatory and Corporate Affairs Officer, P Balaji sought to "debunk the myth" that VIL may not have acquired large amounts of spectrum due to financial constraints. He asserted that ...

For Vodafone Idea, the value of spectrum bought in auctions (11.80 MHz) was at Rs 1,993.4 crore. Industry sources said that its deferred option entails payment of Rs 574.6 crore as immediate upfront payment, and Rs 103.50 crore for frequencies available at later date. The payment for the same is as per prescribed schedule laid down by DoT.

The company has adequate spectrum to meet customers’ requirement and to be competitive in the market, the official said.

Bought enough spectrum to meet demand; on strong footing in competitive market: Vodafone Idea Vodafone Idea Limited (VIL) Chief Regulatory and Corporate Affairs Officer, P Balaji sought to "debunk the myth" that VIL may not have acquired large amounts of spectrum due to financial constraints PTI | March 11, 2021 | Updated 17:49 IST Representational Image Spectrum acquisition in recent auctions to fill certain gaps in some circles has put VIL on a "strong footing" to be competitive in market, e...