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August 30, 2021
The shares will be offered at Rs 535 apiece, including a premium of Rs 530
August 19, 2021
Paid licence fee dues for first quarter of 2021-22: Vodafone Idea
August 10, 2021
India is in talks with Vodafone Group Plc and Cairn Energy Plc to settle long-running tax disputes with them, a top government official said after the nation last week moved to abolish a rule on retrospective taxation scorned by investors.
July 30, 2021
The world’s cheapest data costs have done wonders for India by helping spread the benefits of the internet beyond a tiny, urban, affluent class. But there’s a problem: Successive governments have hounded telecom operators with outlandish financial demands. Now things have gone too far. Vodafone Idea Ltd., one of the three private-sector competitors left standing in what used to be a field of a dozen players, is very close to crumbling under the weight of its $30 billion debt. That will effe...
July 2, 2021
Vodafone Idea’s (VIL) Q4FY21 cash EBITDA at Rs22bn benefited from one-off gains in network cost of Rs4.5bn; adjusted cash EBITDA came in below estimate despite cost-saving efforts. Though VIL has seen marginal improvement in 4G subscriber (sub) addition and lower total subs loss, it is too little to make any difference. The brokerage sees liabilities coming up for payment soon and VIL may have cashflow mismatch. The efforts to raise funds has also not yielded any outcome yet. Relief from gove...
April 20, 2021
It’s always BGP (when it’s not DNS). Absent route filtering didnt help, either Share Copy Vodafone Idea, the Indian limb of the mega-carrier, has been fingered as the source of what’s been described as a “major BGP hijack” by Mutually Agreed Norms for Routing Security (MANRS), an organisation that “provides crucial fixes to reduce the most common routing threats.” Early on Saturday, net-watchers noticed that an autonomous system number (ASN) held by Vodafone Idea published...
April 8, 2021
Adani Transmission Ltd, Oriental Carbon & Chemicals Ltd, Edelweiss Financial Services Ltd and Vodafone Idea Ltd are among the other losers in the BSEs A group today, 08 April 2021. Adani Transmission Ltd, Oriental Carbon & Chemicals Ltd, Edelweiss Financial Services Ltd and Vodafone Idea Ltd are among the other losers in the BSEs A group today, 08 April 2021. Adani Total Gas Ltd crashed 9.87% to Rs 993.9 at 14:49 IST.The stock was the biggest loser in the BSEs A group.On the BSE, 2.52 lakh shar...
March 16, 2021
Vodafone Idea Ltd has lost 16.51% over last one month compared to 5.93% fall in S&P BSE Telecom index and 1.86% drop in the SENSEX Vodafone Idea Ltd gained 3.97% today to trade at Rs 10.47. The S&P BSE Telecom index is up 1.06% to quote at 1354.17. The index is down 5.93 % over last one month. Among the other constituents of the index, OnMobile Global Ltd increased 3.34% and Mahanagar Telephone Nigam Ltd added 2.96% on the day. The S&P BSE Telecom index went up 25.87 % over last one year compar...
March 2, 2021
Reliance Jio Infocomm Ltd said it acquired the right to use spectrum in all the 22 circles or zones across India. In all, it won 488.35 MHz of spectrum, taking up its spectrum footprint by 55 per cent to 1,717 MHz
March 2, 2021
Jios owned spectrum footprint has risen significantly by 55 per cent through the acquisition, a company release said