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Vodafone Idea
Vodafone Idea News
Vodafone Idea
21 May 2024
Vodafone Idea To Raise Rs 2,075 Crore Via Preferential Share Allotment
The company in April raised around 18,000 crore through a follow-on public offer.
Vodafone Idea
16 Apr 2024
Vodafone Idea's Rs 18,000 Crore FPO To Open On April 18 --Key Points
Vodafone Idea Limited has set the the Price Band of the Offer has been fixed at Rs 10 to Rs 11 Per Equity Share.
Vodafone Idea
13 Apr 2024
Vodafone Idea Announces Rs 18,000 Crore FPO; Offer Opens On Apr 18
The funds would also help VIL shore up finances for the much-delayed 5G rollout and strengthening 4G services.
Lok Sabha Elections 2024
13 Apr 2024
Mobile Recharge Prices Expected To Rise After Lok Sabha Elections
The expected hike is estimated to be between 15 to 17 percent.
Elon Musk
11 Apr 2024
Will Musk Announce Affordable Starlink Internet Service During India Visit?
Bharti Airtel currently lead the broadband market, followed by Vodafone Idea and BSNL.
Vodafone Idea
07 Apr 2024
Vodafone Idea Granted Board Approval To Raise Rs 2,075 Crore From Aditya Birla
Vodafone Idea, in which the government now also holds over 33% equity stake, has been fighting a desperate battle for survival.
Vodafone Idea
03 Feb 2023
Vodafone Idea Network Down! Customers Face Calling, Internet Issue
Vodafone Idea Mobile network down. Lakhs of customers have been affected.
Vodafone
15 Jan 2023
HUGE Layoffs: THIS company to fire employees soon; Read details here
The global telecommunications company, which employs some 104,000 people worldwide, intends to let go of hundreds of staff members, mostly from its London headquarters.
Vodafone Idea
09 Jan 2023
Shares of Vodafone Idea tank by 5.13% on Monday
The shares of Vodafone Idea declined 5.13 per cent to Rs 7.40 apiece on BSE. During the past five days, the shares of the telco had dropped 7.50 per cent while it lost 6.92 per cent during the last month. Telecom operator Vodafone Idea had sought at least Rs 70 billion in emergency funds from local banks.
Vodafone Idea
21 Oct 2022
Voda Idea gets board nod to raise Rs 1,600 cr from ATC via bonds
Vodafone Idea board approved a proposal to raise up to Rs 1,600 crore from mobile tower company ATC Telecom Infrastructure The Board of Directors of Vodafone Idea Limited held its meeting on October 21 The convertible, unsecured, unrated and unlisted debentures will have a face value of Rs 10,00,000 each
PM Modi
01 Oct 2022
5G launch: PM Modi launches 5G services at 6th IMC
Vodafone Idea
07 Aug 2022
Vodafone Idea says industry needs tariff increases at regular intervals
Vi said per user revenue remains lower than historic trends. All three private telecom operators last year raised charges for data, arresting average revenue per user (ARPU) declines.
Airtel
24 May 2022
Airtel, Vodafone Idea may increase prices of prepaid plans by Diwali
It was projected that telcos would increase ARPU (average revenue per user) by another 10-12 percent. Airtel and Vodafone Idea stated in November 2021 that they would be hiking prepaid charges by up to 20%-25%.
Vodafone Idea
11 May 2022
Vodafone Idea net loss narrows to Rs 6,563 crore, stock jumps 4%
Vi's revenue for the quarter ended March 2022 rose to Rs 10,240 crore. Vodafone Idea said that the growth in revenue was supported by tariff hikes effective November 25, 2021.
Vodafone Idea
01 May 2022
Vodafone Idea offers THESE affordable prepaid plans: Deets inside
The prices for these plans are Rs. 29, Rs. 39, Rs. 98, Rs. 195, and Rs. 319.
Vodafone Idea
26 Mar 2022
Vodafone Idea shareholders approve Rs 14,500 crore fundraise proposal
VIL had also sought shareholders' approval to raise Rs 10,000 crore through sale of equity or through a mix of ADR, GDR and FCCBs. Promoter firm Vodafone plans to infuse up to Rs 3,375 crore into debt-ridden Vodafone Idea Ltd. Besides, Aditya Birla Group plans to pump in up to Rs 1,125 crore.
Vodafone Idea
26 Feb 2022
Vodafone Idea realigns consumer digital function to drive operational scale
The digital function, under her leadership, delivered notable progress on various parameters and objectives. The function has evolved to a point where VIL is now looking to build upon the progress and create a more integrated digital organisation for accelerated scale and speed of execution for forthcoming initiatives. There is a comprehensive digital strategy in place and a product pipeline that will be launched over the coming months.
Vodafone Idea
25 Feb 2022
Vodafone Idea's board to meet on Mar 3 to discuss fundraising
British telecom operator Vodafone Plc in a statement earlier stated that it will participate in VIL's fundraising process along with the Aditya Birla group. The company's trading window will remain close till 48 hours from the conclusion of the board meeting and open on March 6, the filing said.
Airtel
25 Feb 2022
Airtel to acquire Vodafone's 4.7% stake in Indus Towers if funds used for VIL
Vodafone Idea (VIL) has been unable to pay dues of Indus Towers. VIL has committed to pay certain minimum amount each month to Indus Towers. The Sunil Mittal-led firm said the purchase would be at an attractive price representing a significant discount typically available for such large block transactions.
Vodafone Idea
23 Feb 2022
Vodafone looks to sell stake worth $2.5 billion in Indus Towers
Vodafone Idea's troubles have been compounded by huge dues owed to the Indian government. The British firm said on Wednesday it was in advanced talks with one of Indus`s largest shareholders to sell a 4.7% stake in the company. The company did not provide a name, but media reported Vodafone was in talks to sell a 5% stake in Indus to Bharti Airtel.
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