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Telecom Diary: Vodafone Idea: Start of a new era?, Telecom News, ET Telecom

Through the FPO, Vodafone Idea has put concerns of its survival and competitiveness away but it's not viable yet, as per a Ambit Capital report. A significant rise in mobile tariffs will be necessary following the fundraising to help Vodafone Idea in navigating the present crisis seamlessly.

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₹18kcr FPO Marks Start of Vi 2.0: Kumar Birla

Aditya Birla Group (ABG) chairman Kumar Mangalam Birla on Thursday said Vodafone Idea (Vi) is a national asset and its successful ₹18,000 crore follow-on public offer (FPO) sets the stage for the cash-strapped telcos financial turnaround and start of Vi 2.0.

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ATC Telecom Infra: ATC Telecom Infra sells 2.8% stake in Voda Idea for ₹1,840 crore

ATC Telecom Infrastructure sold a 2.8% stake to Vodafone Idea, worth ₹1,840 crore, in an open market transaction. Citigroup Global bought shares worth ₹611 crore, with other buyers remaining unknown. Last month, ATC converted debentures allotted by Vodafone Idea into equity, and in January 2024, Canada's Brookfield acquired ATC's India unit in a $2.5 billion deal. Vi recently raised ₹18,000 crore through a follow-on public offer, priced at ₹10-11 per share.

India , Vodafone-plc , Vodafone , Atc-telecom-infrastructure , Aditya-birla-group-idea-cellular , Vodafone-idea , Aditya-birla-group , Idea-cellular , Atc-telecom-infra , Vi , Brookfield

Kumar Mangalam Birla thanks PM Modi for support; says FPO marks the beginning of Vodafone-Idea 2.0

TECH NEWS : Kumar Mangalam Birla praises the FPO's success, acknowledges the key role of government leaders, highlights the importance of telecom networks, and ap

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Vodafone Idea closes 26% higher than listing price

Vodafone Idea closes 26% higher than listing price
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Vi got a new lease of life, says Birla - Times of India

India Business News: Aditya Birla Group chairman Kumar Mangalam Birla said the Rs 18,000-crore fund-raise has given Vodafone Idea a "fresh lease of life", and set the stag

India , Mumbai , Maharashtra , United-states , America , Kumar-mangalam-birla , Dinesh-kumar-khara , Vodafone , Aditya-birla-group , Tata-group , Vodafone-idea , Idea-cellular

Vodafone Idea FPO: Dial Vi for victory: Cash-strapped telco pulls off biggest FPO

Vodafone Idea FPO: Dial Vi for victory: Cash-strapped telco pulls off biggest FPO
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Vodafone Idea FPO: Applaud the Endeavour, Skip the Ride - The Hindu BusinessLine

Vodafone Idea FPO: Applaud the Endeavour, Skip the Ride - The Hindu BusinessLine
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Three pvt telecom operators ideal for India: Sunil Mittal, Telecom News, ET Telecom

Bharti Airtel: Bharti Enterprises chairman Sunil Mittal emphasizes the importance of three private telecom operators in India as Vodafone Idea secures funding to avoid a duopoly. Vi's funding plans include equity, debt, and a follow-on public offer to strengthen its market position against competitors.

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Three pvt telecom operators ideal for India: Sunil Mittal

Bharti Enterprises chairman Sunil Mittal emphasizes the importance of three private telecom operators in India as Vodafone Idea secures funding to avoid a duopoly. Vi's funding plans include equity, debt, and a follow-on public offer to strengthen its market position against competitors.

India , Sunil-mittal , Bharti-airtel , Akshaya-moondra , Bharti-enterprises , Pvt-telecom-operators-ideal-for-india , Sunil-mittal-et-bureau , Airtel , Vodafone-idea , Reliance-jio , Bharti-enterprises-owned , Vodafone-india