Vodafone Group's infusion of capital into Vodafone Idea (Vi) from the sale of its Indus Towers stake will ...More

Vodafone Group's infusion of capital into Vodafone Idea (Vi) from the sale of its Indus Towers stake will help the Indian telecom joint venture clear its dues to Indus Towers more quickly, potentially within 1-2 quarters. Vi has been repaying its dues regularly, and the infusion could accelerate this process. ...Less

Tejas Networks secured a three-year contract with Vodafone Idea (Vi) to provide backhaul equipment for Vi ...More

Tejas Networks secured a three-year contract with Vodafone Idea (Vi) to provide backhaul equipment for Vi's 4G and 5G networks. This marks Tejas Networks' first deal with a private telecom carrier in India. Vi aims to enhance its network capacity and performance using Tejas's equipment as it expands its 4G and 5G rollout. ...Less

Vodafone Idea has implemented an AI-based solution to identify and flag spam messages for its users. The ...More

Vodafone Idea has implemented an AI-based solution to identify and flag spam messages for its users. The system has already flagged over 24 million spam messages. It aims to protect customers from potential scam attempts by learning from patterns in data. Bharti Airtel also launched a similar solution to detect spam messages and calls earlier. ...Less

The Indian government waived bank guarantees for telecom spectrum payments due before 2022. This move pro ...More

The Indian government waived bank guarantees for telecom spectrum payments due before 2022. This move provides significant relief to Vodafone Idea, Airtel, and Jio, freeing up funds for network improvements. Vodafone Idea, facing financial difficulties, benefits the most with Rs 24,700 crore relief. This decision boosted telecom stocks, particularly Vodafone Idea's. ...Less

Vodafone Group is selling its remaining 3% stake in Indus Towers for over $300 million. The proceeds will ...More

Vodafone Group is selling its remaining 3% stake in Indus Towers for over $300 million. The proceeds will be used to repay debt and inject fresh equity into its struggling Indian telecom joint venture, Vodafone Idea (Vi), to help clear dues owed to Indus Towers. Airtel is a potential buyer of the stake. ...Less

The Department of Telecommunications has softened the bank guarantee waiver rules for spectrum auctions h ...More

The Department of Telecommunications has softened the bank guarantee waiver rules for spectrum auctions held before 2022, easing the financial burden on telecom companies, including Vodafone Idea. Telecom operators can now avoid paying an additional amount for three months in advance. This change is expected to help Vodafone Idea secure more credit and improve its financial position. ...Less

India’s telecom industry is set to see stronger cash flows as it transitions to 5G. Reliance Jio and Bhar ...More

India’s telecom industry is set to see stronger cash flows as it transitions to 5G. Reliance Jio and Bharti Airtel are expected to benefit most, with rising ARPU and reduced 5G-related expenditures. Vodafone Idea faces challenges due to its need for fresh capital to stay competitive and expand its 5G network. ...Less

Airtel's revenue market share is closing in on Jio's, shrinking the gap to just over 300 basis points in ...More

Airtel's revenue market share is closing in on Jio's, shrinking the gap to just over 300 basis points in Q2FY25. Airtel gained share in 21 of 22 circles, benefiting from strong urban and rural performance, while Jio's gains are expected to lag due to its long-validity recharge subscriber base. Vodafone Idea's market share, meanwhile, plummeted to a record low. ...Less

Vodafone Idea (Vi) clarified that it hasn't received official communication from the Department of Teleco ...More

Vodafone Idea (Vi) clarified that it hasn't received official communication from the Department of Telecommunications (DoT) regarding the waiver of bank guarantees for deferred spectrum payments. Although the cabinet approved the waiver, Vi awaits confirmation. This decision would significantly benefit Vi, which faced a substantial bank guarantee requirement, and positively impact Bharti Airtel and Reliance Jio. ...Less

Bharti Airtel emerged as the sole gainer in revenue market share among major Indian telecom companies in ...More

Bharti Airtel emerged as the sole gainer in revenue market share among major Indian telecom companies in the second quarter of the fiscal year. This gain was driven by industry-wide tariff increases and strong growth in mobile broadband and postpaid users. ...Less

India's top telcos Jio, Airtel and Vodafone lost millions of wireless customers in September. This happen ...More

India's top telcos Jio, Airtel and Vodafone lost millions of wireless customers in September. This happened for the third consecutive month. BSNL, on the other hand, gained subscribers. BSNL added close to a million subscribers as it did not increase its tariffs. Jio remained the biggest mobile operator despite losing the largest number of subscribers. ...Less

Vodafone Idea's network upgrade plans face potential delays as banks demand additional collateral for iss ...More

Vodafone Idea's network upgrade plans face potential delays as banks demand additional collateral for issuing letters of credit to equipment suppliers. Despite claims of sufficient funds for the fiscal year, banks remain cautious due to Vi's substantial debt, including AGR dues. This situation could hinder Vi's ability to compete effectively with rivals like Jio and Airtel. ...Less

Vodafone Idea (Vi) is set for a major boost after the Indian government waived bank guarantees for spectr ...More

Vodafone Idea (Vi) is set for a major boost after the Indian government waived bank guarantees for spectrum purchases. This move is expected to pave the way for Vi's crucial Rs 25,000 crore debt fundraising, vital for network expansion and 5G rollout. ...Less

The late night exchange filing came even as UK’s Vodafone announced plans earlier today plans to invest a ...More

The late night exchange filing came even as UK’s Vodafone announced plans earlier today plans to invest a portion of its residual 3% Indus Towers stake sale proceeds in Vodafone Idea (Vi) against fresh shares to help its Indian telecom joint venture with the Aditya Birla Group clear a portion of its old dues to Indus. ...Less

Vodafone Idea reported a larger loss in the second quarter of FY25. The loss increased to ?7,176 crore fr ...More

Vodafone Idea reported a larger loss in the second quarter of FY25. The loss increased to ?7,176 crore from ?6,432 crore in the previous quarter. The company experienced a decline in customer base and high interest costs. Revenue increased due to a tariff hike in July. Vi lost 0.8 million 4G subscribers and a total of 5 million users. ...Less

Vodafone Idea needs funds for 4G and 5G expansion. Banks are hesitant to lend until there is clarity on A ...More

Vodafone Idea needs funds for 4G and 5G expansion. Banks are hesitant to lend until there is clarity on AGR dues. The telecom operator awaits government response on potential relief measures. Vodafone Idea has already secured ?24,000 crore in equity funding. The company plans to invest in network expansion and 5G rollout in key markets by the fourth quarter. ...Less

Nokia is partnering with Vodafone Idea (Vi) to significantly expand its 4G network in India. The Finnish ...More

Nokia is partnering with Vodafone Idea (Vi) to significantly expand its 4G network in India. The Finnish company will deploy 3,300 new sites by March 2025, boosting Vi's coverage and data capacity. This expansion is part of a larger agreement between the two companies to enhance Vi's network infrastructure and prepare for a 5G rollout. ...Less

Nokia will deploy 3,300 new 4G sites for Vodafone Idea by March 2025. Nokia is one of the three vendors s ...More

Nokia will deploy 3,300 new 4G sites for Vodafone Idea by March 2025. Nokia is one of the three vendors selected by Vodafone Idea for a network equipment supply deal. The deal is worth USD 3.6 billion over three years. Nokia will deliver nearly 3,300 new sites and upgrade over 42,000 technology sites. ...Less

Vodafone Idea's financial turnaround is in jeopardy as its ?25,000 cr debt-funding plan faces delays foll ...More

Vodafone Idea's financial turnaround is in jeopardy as its ?25,000 cr debt-funding plan faces delays following the Supreme Court's AGR ruling. The delay has raised concerns about Vi's ability to invest in 4G and 5G expansion, crucial for competing with rivals Jio and Airtel. Analysts predict government intervention, including converting dues into equity, to prevent a collapse. ...Less

Vodafone Idea's CEO, Akshaya Moondra, has called for further tariff increases in the Indian telecom secto ...More

Vodafone Idea's CEO, Akshaya Moondra, has called for further tariff increases in the Indian telecom sector. He argued that customers with higher data consumption should bear a larger share of the cost to ensure industry profitability and widespread connectivity. This statement comes despite Vodafone Idea, alongside other major operators, experiencing subscriber loss to BSNL following a recent tariff hike. ...Less

Bharti Airtel has urged the Department of Telecommunications (DoT) to ensure equal treatment for all tele ...More

Bharti Airtel has urged the Department of Telecommunications (DoT) to ensure equal treatment for all telecom operators regarding the potential waiver of spectrum bank guarantees. This comes as the government reviews Vodafone Idea's (Vi) request for a waiver, citing financial difficulties. ...Less

Vodafone Idea is increasing its marketing budget for the next two months to boost awareness for its upcom ...More

Vodafone Idea is increasing its marketing budget for the next two months to boost awareness for its upcoming 5G services launch and regain subscribers. The recent ?24,000-crore equity funding will aid in enhancing their 5G narrative and service quality, despite not reviving iconic legacy campaigns. ...Less

The Elder Scrolls 6 fans are feeling disheartened after a new release date prediction for the highly anti ...More

The Elder Scrolls 6 fans are feeling disheartened after a new release date prediction for the highly anticipated game. ...Less

Reliance Jio, Bharti Airtel, and Vodafone Idea suffered significant subscriber losses in August due to a ...More

Reliance Jio, Bharti Airtel, and Vodafone Idea suffered significant subscriber losses in August due to a sharp tariff hike in July, according to TRAI data. Jio lost 4.01 million subscribers, Airtel lost 2.4 million, and Vodafone Idea lost 1.8 million. In contrast, BSNL gained 2.5 million subscribers. ...Less

Vodafone Idea (Vi) has entered the contact-centre-as-a-service (CCaaS) industry through a partnership wit ...More

Vodafone Idea (Vi) has entered the contact-centre-as-a-service (CCaaS) industry through a partnership with US-based Genesys. This collaboration aims to offer Indian businesses a cloud-based platform for managing customer interactions across multiple channels, enhancing efficiency using AI and Cloud technology while ensuring data residency. ...Less

Vodafone Idea is in talks with the Department of Telecommunications to waive bank guarantee requirements ...More

Vodafone Idea is in talks with the Department of Telecommunications to waive bank guarantee requirements for spectrum acquired before 2022. The company needs to submit guarantees worth over Rs 24,700 crore in the upcoming months. Similar waivers could benefit competitors Reliance Jio and Bharti Airtel. ...Less

Vodafone Idea plans to launch 5G services in 17 circles by March 2025, starting with Delhi and Mumbai. Th ...More

Vodafone Idea plans to launch 5G services in 17 circles by March 2025, starting with Delhi and Mumbai. The telecom operator also aims to expand its 4G coverage to reach 90% of India's population by June next year. These efforts are part of a revival plan funded by ?24,000 crore. ...Less

GTA 6 release date is currently top trending topic as gamers are eager to play Grand Theft Auto VI. ...More

GTA 6 release date is currently top trending topic as gamers are eager to play Grand Theft Auto VI. ...Less

The Department of Telecommunications has issued a notice to Vodafone Idea for failing to submit bank guar ...More

The Department of Telecommunications has issued a notice to Vodafone Idea for failing to submit bank guarantees for past spectrum auction dues. Despite initial rejections, a waiver is being reconsidered due to Vi's financial situation and recent reforms, potentially benefiting other companies as well. ...Less

Vodafone Idea has started new discussions with the government following an unfavorable Supreme Court deci ...More

Vodafone Idea has started new discussions with the government following an unfavorable Supreme Court decision on the re-computation of Adjusted Gross Revenue (AGR). Despite this setback, CEO Akshaya Moondra stated that the company's long-term business plans remain unchanged. The telco owes Rs 2,03,430 crore to the government as of March 31, 2024. ...Less

Bharti Airtel is likely to see stronger sequential revenue growth in Q2FY25 compared to Reliance Jio and ...More

Bharti Airtel is likely to see stronger sequential revenue growth in Q2FY25 compared to Reliance Jio and Vodafone Idea. Recent rate hikes benefit all three private telcos, though subscriber losses are expected. Airtel's user losses are anticipated to be minimal due to its lower base of price-sensitive customers. ...Less

Vodafone Idea (Vi) signs a ?14,000 crore deal with Ericsson to procure 4G and 5G equipment over three yea ...More

Vodafone Idea (Vi) signs a ?14,000 crore deal with Ericsson to procure 4G and 5G equipment over three years. Ericsson will supply base stations for key regions and enhance Vi's 4G and 5G services, helping the telco improve network performance and competitiveness against major rivals. ...Less

Vodafone Idea has finalized a $3.6 billion deal with Nokia, Ericsson, and Samsung to supply network equip ...More

Vodafone Idea has finalized a $3.6 billion deal with Nokia, Ericsson, and Samsung to supply network equipment over the next three years. This agreement is part of a broader $6.6 billion capital expenditure plan aimed at expanding 4G coverage from 1.03 billion to 1.2 billion, launching 5G in key markets, and enhancing capacity to meet growing data demands. ...Less

The Supreme Court has dismissed curative petitions by telecom companies like Vodafone Idea and Bharti Air ...More

The Supreme Court has dismissed curative petitions by telecom companies like Vodafone Idea and Bharti Airtel, seeking relief from penalties and interest on adjusted gross revenue (AGR) dues. This decision leaves the telcos with no further legal options, impacting their financial stability and market performance. ...Less

TRAI has introduced a new rule requiring telecom companies to provide information about network availabil ...More

TRAI has introduced a new rule requiring telecom companies to provide information about network availability on their websites. This helps users check which networks are available in their area. Additionally, TRAI is cracking down on spam calls by blocking unregistered telemarketers and considering higher tariffs for excessive calls and messages. ...Less

On Saturday, Nokia announced it has been selected by Vodafone Idea (Vi) as a major partner for 4G and 5G ...More

On Saturday, Nokia announced it has been selected by Vodafone Idea (Vi) as a major partner for 4G and 5G in India. This announcement follows Vi's recent $3.6 billion deal with Nokia, Ericsson, and Samsung for network equipment over three years. Vi, which has raised ?24,000 crore by selling shares, aims to implement a ?55,000 crore capital expenditure plan to expand 4G coverage and launch 5G in key markets. ...Less

Vodafone Idea will finalize deals with Ericsson and Samsung worth ?16,500 crore this week. These deals wi ...More

Vodafone Idea will finalize deals with Ericsson and Samsung worth ?16,500 crore this week. These deals will be for 4G and 5G network expansion. Ericsson will supply equipment for 10 circles, while Samsung will handle three circles. Vi recently signed a major deal with Nokia as well. These contracts aim to enhance Vi's market competitiveness. ...Less

The Supreme Court's rejection of Vodafone-Idea's curative petition on adjusted gross revenues has made ba ...More

The Supreme Court's rejection of Vodafone-Idea's curative petition on adjusted gross revenues has made banks hesitant to lend to the company. With liabilities now significantly increased, lenders are reassessing their positions. Private banks are cautious, while public sector banks may require a corporate guarantee from the Aditya Birla Group. ...Less

Telecom operators met with communications minister Jyotiraditya Scindia to discuss adjusted gross revenue ...More

Telecom operators met with communications minister Jyotiraditya Scindia to discuss adjusted gross revenue dues and calculation errors. They also urged for the continuation of existing license agreements and sought regulatory control over OTT communication players. Vodafone Idea and Bharti Airtel face significant AGR dues, while Reliance Jio remains unaffected. ...Less

The Supreme Court has dismissed pleas by telecom giants Vodafone Idea and Bharti Airtel to re-compute Adj ...More

The Supreme Court has dismissed pleas by telecom giants Vodafone Idea and Bharti Airtel to re-compute Adjusted Gross Revenue (AGR) dues. The companies sought corrections in the AGR calculations, a penalty reduction, and interest rate adjustments. Vodafone Idea's burden has now increased to Rs 70,320 crore as of FY24. ...Less

Vodafone Idea has been issued demand orders from various GST offices to pay over Rs 73 crore for alleged ...More

Vodafone Idea has been issued demand orders from various GST offices to pay over Rs 73 crore for alleged tax shortfalls and excess input tax credit claims. The company disputes the demands and intends to seek rectification or reversal of the orders, according to a regulatory filing. ...Less

Vodafone Idea has approached state-owned lenders Power Finance Corp. and REC Ltd for loans to cover a ?25 ...More

Vodafone Idea has approached state-owned lenders Power Finance Corp. and REC Ltd for loans to cover a ?25,000 cr funding gap. The funds are needed for capital expenditure and maintenance over the next three years. Discussions are also ongoing with the State Bank of India for partial funding. ...Less

Telecom operators contend proposed QoS norms are overly burdensome, highlighting challenges like RoW issu ...More

Telecom operators contend proposed QoS norms are overly burdensome, highlighting challenges like RoW issues, spectrum interference, and infrastructure constraints. COAI emphasizes the need for OTT regulation and fair contribution mechanisms, while noting the significant 5G expansion with millions of new users and FWA services emerging as a key use case. ...Less

Price-sensitive mobile users can now opt for voice and SMS-only packs as mandated by Trai, benefiting 150 ...More

Price-sensitive mobile users can now opt for voice and SMS-only packs as mandated by Trai, benefiting 150 million remaining 2G users, dual SIM owners, the elderly, and rural residents. Despite private carriers' opposition, this move may slow down migration to 4G and 5G, impacting ARPU growth. ...Less

In October 2024, Reliance Jio gained more active users than Airtel, but Airtel led in attracting high-pay ...More

In October 2024, Reliance Jio gained more active users than Airtel, but Airtel led in attracting high-paying 4G/5G users. Vodafone Idea continued to struggle, losing both active and 4G users. Jio's overall subscriber base shrunk as inactive users were removed, while Airtel's grew. Jio also extended its lead in the landline market. ...Less

Vodafone Idea (Vi) anticipates a reduction in its monthly subscriber churn rate, currently at 4%, startin ...More

Vodafone Idea (Vi) anticipates a reduction in its monthly subscriber churn rate, currently at 4%, starting from the fiscal fourth quarter. This improvement is expected as the company begins addressing 4G coverage gaps with its ongoing capital expenditure (capex) plans. ...Less

India's telecom regulator, TRAI, has fined major telecom operators around ?12 crore for failing to curb s ...More

India's telecom regulator, TRAI, has fined major telecom operators around ?12 crore for failing to curb spam calls, adding to previous unpaid penalties totaling ?141 crore. The operators argue they shouldn't be solely responsible, pointing to OTT platforms and businesses also contributing to the problem. ...Less

Entry-level 5G smartphones are poised for a surge in India by 2025, driven by sub-?10,000 devices and dis ...More

Entry-level 5G smartphones are poised for a surge in India by 2025, driven by sub-?10,000 devices and discounted older models. Increased 5G adoption and network expansions are fueling upgrades, with projections of 43% 5G smartphone penetration. While 4G remains dominant in the sub-?7,000 segment, 5G is capturing the higher budget market. ...Less

In July, major telecom operators like Reliance Jio, Bharti Airtel, and Vodafone Idea saw a decline in the ...More

In July, major telecom operators like Reliance Jio, Bharti Airtel, and Vodafone Idea saw a decline in their customer base due to a hike in mobile service tariffs. State-run BSNL was the only player to add new subscribers. The overall telecom subscriber base in India slightly decreased, while the fixed-line and broadband segments saw growth. ...Less

Vodafone Idea's revenue market share has dropped to a record low of 15% in the fiscal first quarter, losi ...More

Vodafone Idea's revenue market share has dropped to a record low of 15% in the fiscal first quarter, losing ground to Reliance Jio and Bharti Airtel. Experts believe the recent Rs 24,000-crore equity fundraise could help Vi improve its 4G coverage and roll out 5G services, enhancing its competitive position. ...Less

The Department of Telecommunications (DoT) is set to issue bank guarantee (BG) waiver letters to telecom ...More

The Department of Telecommunications (DoT) is set to issue bank guarantee (BG) waiver letters to telecom operators, offering significant relief to Vodafone Idea (Vi). This move, awaiting final approval from the communications minister, will waive over ?24,700 crore in BGs for Vi, enabling the telco to secure loans for network expansion and 5G rollout, boosting competition against rivals. ...Less

Indus Tower Share Price: Vodafone has fully exited Indus Towers via a Rs 2,800 crore block deal, causing ...More

Indus Tower Share Price: Vodafone has fully exited Indus Towers via a Rs 2,800 crore block deal, causing Indus Towers' shares to rise while Vodafone Idea's dipped. Vodafone will use the proceeds to repay debt and potentially invest in Vodafone Idea, which plans a Rs 2,000 crore fundraise. ...Less

Vodafone Idea (Vi) plans to increase capital expenditure on its network to stay competitive with larger r ...More

Vodafone Idea (Vi) plans to increase capital expenditure on its network to stay competitive with larger rivals Reliance Jio and Bharti Airtel, but its ability to invest will depend on raising additional capital, according to Fitch Ratings. ...Less

Vodafone PLC announced the sale of its remaining 3% stake in Indus Towers on Wednesday, with proceeds to ...More

Vodafone PLC announced the sale of its remaining 3% stake in Indus Towers on Wednesday, with proceeds to be used to repay Vodafone Idea's debt. The funds will primarily cover a $101 million loan, secured against Vodafone's Indian assets. ...Less

Vodafone Idea (VIL) is experiencing a rise in subscribers porting out to Bharat Sanchar Nigam Ltd (BSNL) ...More

Vodafone Idea (VIL) is experiencing a rise in subscribers porting out to Bharat Sanchar Nigam Ltd (BSNL) following recent tariff hikes. VIL CEO Akshaya Moondra believes that quick decisions to port out purely based on tariff action may not sustain, given the 4G coverage offered by VIL. The recent tariff hikes have led to a fair amount of arbitrage, and VIL is closely monitoring the situation. ...Less

Vodafone Idea (VIL) has denied that it has received any communication from the government regarding its s ...More

Vodafone Idea (VIL) has denied that it has received any communication from the government regarding its stake in the telco, despite reports suggesting that sovereign funds may be interested in offloading its stake. CEO Akshaya Moondra stated that the company has seen port-outs by users to BSNL increase since tariff hikes were imposed, and is closely monitoring the situation. ...Less

Indian telco Vodafone Idea reported a 4.5% increase in Average Revenue Per User (ARPU) in Q1 FY25, thanks ...More

Indian telco Vodafone Idea reported a 4.5% increase in Average Revenue Per User (ARPU) in Q1 FY25, thanks to a change in entry level plans and subscriber upgrades. The 4G subscriber base also showed steady growth, reaching 126.7 million by Q1 FY25, bringing the total to 210.1 million. ...Less

Vodafone Idea Q2 FY25 Results: Vodafone Idea has narrowed its losses to Rs 7176 crore in the September qu ...More

Vodafone Idea Q2 FY25 Results: Vodafone Idea has narrowed its losses to Rs 7176 crore in the September quarter, compared with Rs 8738 crore in the same quarter of last year. ...Less

Delhi's worsening air quality, reaching 'Severe+' under GRAP, has forced schools in Delhi-NCR to adopt hy ...More

Delhi's worsening air quality, reaching 'Severe+' under GRAP, has forced schools in Delhi-NCR to adopt hybrid learning for grades VI-IX and XI. This extends earlier measures for younger students, implemented as the AQI deteriorated to 'very poor'. Vehicle restrictions are also in effect, banning non-compliant petrol and diesel vehicles. ...Less

Indian telecom operators are exploring collaboration to tackle spam calls and messages. Bharti Airtel CEO ...More

Indian telecom operators are exploring collaboration to tackle spam calls and messages. Bharti Airtel CEO Gopal Vittal has suggested sharing corporate connection details among rivals like Reliance Jio and Vodafone Idea to monitor misuse. This initiative follows government directives aimed at reducing unsolicited commercial communications and emphasizes collective responsibility in addressing the issue. ...Less

Gulf Oil and Piaggio India have extended their exclusive lubricant partnership until 2030. This renewed a ...More

Gulf Oil and Piaggio India have extended their exclusive lubricant partnership until 2030. This renewed agreement covers factory fill, workshops, and retail, including BS-VI oils and EV fluids, for Piaggio's vehicles in India and select export markets. Both companies aim to leverage growth in the commercial and electric vehicle sectors. ...Less

VST Industries, a company partially owned by Radhakishan Damani, saw its shares rise 4% after announcing ...More

VST Industries, a company partially owned by Radhakishan Damani, saw its shares rise 4% after announcing the sale of its Hyderabad property for ?101.7 crore. The buyer is not affiliated with the promoter or promoter group. Despite the recent surge, the stock has experienced declines over the past six months. ...Less

Vodafone Idea (Vi) has settled its ?700 crore statutory dues for the April-June quarter, marking the firs ...More

Vodafone Idea (Vi) has settled its ?700 crore statutory dues for the April-June quarter, marking the first time in over two years the telecom operator has met its obligations on time. The payment includes licence fees and spectrum charges, a significant improvement from past partial repayments. Boosted by recent equity funding, Vi's cash reserves rose to ?18,150 crore as of June 30. The company is in discussions with banks to secure up to ?25,000 crore in debt and has begun securing network deals for 5G and 4G upgrades. ...Less

Accenture's acquisition of a stake in Vodafone Shared Operations received clearance from the Competition ...More

Accenture's acquisition of a stake in Vodafone Shared Operations received clearance from the Competition Commission of India. VSOL offers shared services to Vodafone. Mitsui & Co (Asia Pacific) also gained approval for acquiring equity in MTC Business Pvt Ltd. These approvals aimed at promoting fair competition and curbing unfair business practices. ...Less

Vodafone Idea may offer lower 5G service prices than rivals Jio and Airtel, according to CEO Akshaya Moon ...More

Vodafone Idea may offer lower 5G service prices than rivals Jio and Airtel, according to CEO Akshaya Moondra. While exact launch dates remain undisclosed, the company is finalizing 5G rollout plans. Vi expects some revenue boost from recent tariff hikes, even as some users migrate to BSNL due to increased prepaid rates. ...Less

Mobile users are switching back to private telcos like Airtel and Jio. BSNL gained subscribers after the ...More

Mobile users are switching back to private telcos like Airtel and Jio. BSNL gained subscribers after the July price hikes. However, its network issues are driving users away. BSNL's 4G rollout is slow, and 5G is absent. Airtel and Jio are regaining their lost customers. BSNL's competitive pricing is not enough to retain users. ...Less

The Department of Space allocated an additional 20 MHz spectrum in the 2500 MHz band for mobility, aiding ...More

The Department of Space allocated an additional 20 MHz spectrum in the 2500 MHz band for mobility, aiding Vodafone Idea (Vi) by offering a contiguous block for better 4G services. The harmonisation facilitates future auctions, which could attract interests from operators like Vi or BSNL for the enhanced spectrum portfolio. ...Less

Indus Towers' management foresees a delay in stabilising trade receivables, dependent on Vodafone Idea's ...More

Indus Towers' management foresees a delay in stabilising trade receivables, dependent on Vodafone Idea's clearance of past dues. Receivables dropped 11.3% to Rs 5,722 crore in Q1 with improved Vi collections but no fixed timeline yet. Indus CFO mentioned ongoing payment plan discussions with Vi. Indus initiated a share buyback, excluding major stakeholder Bharti Airtel; Indus reported a 43% YoY profit increase in Q1 FY25 driven by Airtel's 5G rollout and Vi overdue recoveries. ...Less

Vi has also acquired additional spectrum in the recently concluded spectrum auction, committing Rs 31 cro ...More

Vi has also acquired additional spectrum in the recently concluded spectrum auction, committing Rs 31 crore for 0.4Mhz of spectrum in the 900 Mhz band in Kolkata Circle and Rs 376 crore for 7.6 Mhz of spectrum in the 900 Mhz band in West Bengal Circle. ...Less

Vodafone sold its final 3% stake in Indus Towers for Rs 2,801.7 crore. Multiple global investors purchase ...More

Vodafone sold its final 3% stake in Indus Towers for Rs 2,801.7 crore. Multiple global investors purchased the shares. Vodafone will use some proceeds to repay debt. The remaining amount will be invested in Vodafone Idea. This investment will help Vodafone Idea pay its dues to Indus Towers. Vodafone Idea's financial health is crucial for Indus Towers. ...Less

Vodafone Idea has launched new plans for prepaid and postpaid customers starting July 4, 2024, following ...More

Vodafone Idea has launched new plans for prepaid and postpaid customers starting July 4, 2024, following Jio and Airtel's footsteps. The changes are minimal, aligning higher prices with increased usage, and Vi aims to provide simple, comprehensive plans. ...Less

The deal is part of Vi's larger network expansion plan, "for which they have started locking-in vendors", ...More

The deal is part of Vi's larger network expansion plan, "for which they have started locking-in vendors", SAR MD Rahul Sahdev told ET. "We are aiming for a deeper partnership with Vi as there is no operational hitch after the company concluded fundraising recently." ...Less

Vodafone Idea plans to settle its remaining ?1,500 crore dues to Nokia by December 2025 through cash inst ...More

Vodafone Idea plans to settle its remaining ?1,500 crore dues to Nokia by December 2025 through cash installments. Earlier, Vi issued equity shares to Nokia to clear half of its ?3,000 crore debt. Despite payment delays, Vi is negotiating with Nokia, Ericsson, and Samsung for network equipment. ...Less

The Supreme Court will soon decide on the listing of Vodafone Idea Ltd's curative petition related to adj ...More

The Supreme Court will soon decide on the listing of Vodafone Idea Ltd's curative petition related to adjusted gross revenue (AGR) dues. The company's new backers are seeking to know its exact liability towards AGR dues, citing DoT's errors in computing the final demand. The apex court had previously rejected Vodafone Idea's petition for rectification of alleged errors in the calculation of AGR dues payable by the company. ...Less

Arcane Season 2 Part 2 returns with Episodes 4-6 on November 16, 2024, available on Netflix. The new seas ...More

Arcane Season 2 Part 2 returns with Episodes 4-6 on November 16, 2024, available on Netflix. The new season delves deeper into the intense conflict between Piltover and Zaun. ...Less

Reliance Jio and Bharti Airtel are expected to show steady growth in the June quarter, driven by strong b ...More

Reliance Jio and Bharti Airtel are expected to show steady growth in the June quarter, driven by strong broadband user additions, while Vodafone Idea (Vi) is likely to experience a dip in revenue due to ongoing customer losses. Airtel is anticipated to outperform Jio in terms of average revenue per user (ARPU) due to 2G-to-4G conversions and rising postpaid adoption. Vi's ARPU is expected to remain stagnant amidst limited 4G user gains. ...Less

In June 2024, Reliance Jio significantly outpaced Bharti Airtel in adding new active users, with Jio gain ...More

In June 2024, Reliance Jio significantly outpaced Bharti Airtel in adding new active users, with Jio gaining nearly 4 million compared to Airtel's 0.67 million. However, Airtel added more higher-paying 4G and 5G users, while Vodafone Idea (Vi) continued to lose active users but saw some gains in 3G and 4G users. ...Less

Vodafone Idea (Vi) has announced completion of its Minimum Rollout Obligations (MRO) across all 17 circle ...More

Vodafone Idea (Vi) has announced completion of its Minimum Rollout Obligations (MRO) across all 17 circles where it acquired 5G spectrum in August 2022. This step is essential for commencing 5G services, although Vi has yet to announce detailed rollout plans due to financial constraints. Unlike its competitors Reliance Jio and Bharti Airtel, which have almost completed nationwide 5G rollouts, Vi plans to gradually expand its network starting with equipment orders to vendors like Nokia and Ericsson. ...Less

India's Vodafone Idea has spent Rs 3,510 crore to acquire 50MHz of spectrum in 11 circles, strengthening ...More

India's Vodafone Idea has spent Rs 3,510 crore to acquire 50MHz of spectrum in 11 circles, strengthening its 4G portfolio and launching 5G services. The acquisition will enable the use of dedicated sub-GHz spectrum for advanced technologies and customer experience. Vodafone Idea has also held 5G trials in three network circles using Samsung's virtual Radio Access Network (vRAN) solutions. ...Less

Vodafone Idea (Vi) remains optimistic that its operational creditors, including network equipment supplie ...More

Vodafone Idea (Vi) remains optimistic that its operational creditors, including network equipment suppliers Nokia and Ericsson, as well as tower vendor Indus, will maintain their support despite payment delays. Vi expects its forthcoming 4G and 5G initiatives to generate new business opportunities for these partners. According to Bharti Airtel chairman Sunil Mittal, Vi must settle all outstanding dues with Indus to continue using the tower company’s infrastructure for future services like 5G. ...Less

In India’s second 5G airwaves sale that concluded June 26, Bharti Airtel was the biggest spectrum buyer, ...More

In India’s second 5G airwaves sale that concluded June 26, Bharti Airtel was the biggest spectrum buyer, lapping up 97 MHz of 5G airwaves worth Rs 6,856.76 crore. Vi was the second-biggest buyer, acquiring 30 MHz of 5G spectrum for Rs 3,510.40 crore. Telecom market leader Reliance Jio bought a modest chunk of 5G airwaves worth Rs 973.62 crore, its lowest-ever in an auction. ...Less

The Indian government has reaffirmed its plan to allocate spectrum for satellite-based communication serv ...More

The Indian government has reaffirmed its plan to allocate spectrum for satellite-based communication services administratively, with a fee, rather than through auctions. However, exceptions may be made for public interest or governmental functions. The Department of Telecommunications is awaiting recommendations from the Telecom Regulatory Authority of India (TRAI) on spectrum pricing and terms, considering fair competition with terrestrial services. ...Less

New cybersecurity rules in India will increase costs for telecom companies. This could lead to higher mob ...More

New cybersecurity rules in India will increase costs for telecom companies. This could lead to higher mobile phone bills. The rules require companies to report cybersecurity incidents within six hours. This is much shorter than the 72 hours allowed in the US and EU. There are also concerns about user privacy. The rules allow the government to request user data. ...Less

Analysts and industry experts believe that Starlink's entry into the Indian market is unlikely to pose an ...More

Analysts and industry experts believe that Starlink's entry into the Indian market is unlikely to pose an immediate threat to Reliance Jio and Bharti Airtel. This is because Starlink's global satellite broadband tariffs are significantly higher than the fixed broadband rates offered by the Indian telecom giants. ...Less

Vodafone Idea failed to pay its second bank guarantee of ?350 crore due on November 1st for spectrum acqu ...More

Vodafone Idea failed to pay its second bank guarantee of ?350 crore due on November 1st for spectrum acquired in a 2012 auction. This follows a previous missed payment in September. The Department of Telecommunications is considering a proposal to waive bank guarantees for past spectrum auctions, which would primarily benefit the struggling Vodafone Idea. ...Less

Vodafone Idea (Vi) proposes borrowing Rs 23,000 crore in term loans and seeks Rs 10,000 crore in bank gua ...More

Vodafone Idea (Vi) proposes borrowing Rs 23,000 crore in term loans and seeks Rs 10,000 crore in bank guarantees to enhance its telecom infrastructure and compete with Reliance Jio and Airtel. ...Less

King Felipe VI and top officials visited Paiporta, a region heavily affected by Spain's floods. Enraged s ...More

King Felipe VI and top officials visited Paiporta, a region heavily affected by Spain's floods. Enraged survivors pelted them with mud, expressing anger over the management of the crisis. Over 200 people died and thousands lost homes. The officials eventually left the scene under police protection. ...Less

According to Trai data, Jio lost 8 million 4G/5G users in September while Airtel and Vodafone Idea added ...More

According to Trai data, Jio lost 8 million 4G/5G users in September while Airtel and Vodafone Idea added 0.4 million mobile broadband users each. State-run Bharat Sanchar Nigam Ltd (BSNL), which did not raise prices, added 1.5 million such users. ...Less

Vodafone Idea (Vi) has introduced 'Vi Guarantee Program' offering 130GB extra data for 4G and 5G smartpho ...More

Vodafone Idea (Vi) has introduced 'Vi Guarantee Program' offering 130GB extra data for 4G and 5G smartphone users. Users receive 10GB every 28 days for 13 cycles. Chief Marketing Officer Avneesh Khosla stated the program aims to enhance data experience. Available to users on specific plans, excluding certain regions. Aimed at maximizing smartphone potential. ...Less

Reliance Jio continues its dominance in the Indian telecom market, gaining 1.7 million subscribers in Sep ...More

Reliance Jio continues its dominance in the Indian telecom market, gaining 1.7 million subscribers in September 2024, while Airtel and Vi faced losses. Jio's success is attributed to its stable pricing strategy, particularly in the feature phone segment and strategic ISD plans. ...Less

Vi may also make more substantial payments to Indus towards cutting its dues after the telco raises debt ...More

Vi may also make more substantial payments to Indus towards cutting its dues after the telco raises debt of ?23,000-25,000 crore through term loans as planned, analysts added. After the recent sale of its 18% stake in Indus, UK's Vodafone holds 3.1% of the tower company and is said to be in talks with Bharti Airtel to sell these shares, people familiar said. ...Less

Vi’s ARPU, they said, needs to jump 2.2x to around Rs 320 by FY27—from Rs 146 now—even if the cash-strapp ...More

Vi’s ARPU, they said, needs to jump 2.2x to around Rs 320 by FY27—from Rs 146 now—even if the cash-strapped telco sees a 50% cut in its adjusted gross revenue (AGR) liability to Rs 35,000 crore via a favourable Supreme Court verdict on its curative plea. As per company data, Vi’s total AGR dues were pegged at Rs 70,320 crore in the quarter to March 2024. ...Less

While Airtel and Jio - which dominate the market - say they need to improve returns after paying high pri ...More

While Airtel and Jio - which dominate the market - say they need to improve returns after paying high prices for 5G airwaves in 2022, Vi is looking to back up its recent ?23,000 crore equity fundraising efforts as it strives to become more competitive, stem user losses and repair a stressed balance sheet to pay vendors and statutory dues. Analysts said the three telcos will see a 13-17% rise in ARPU with the main effect being felt in second and third quarters of this fiscal year. ...Less

Vi’s lenders are seeking clarity on future equity conversions by the government, as well as the outcome o ...More

Vi’s lenders are seeking clarity on future equity conversions by the government, as well as the outcome of the telco’s curative plea in Supreme Court over an earlier order on its arrears based on adjusted gross revenue. These issues, according to bankers, will ultimately determine the cash-strapped company’s future regulatory payment obligations, especially after the moratorium on the payment ends next year. ...Less

Vodafone Idea faces challenges in increasing ARPU through tariff hikes post-election, as price-sensitive ...More

Vodafone Idea faces challenges in increasing ARPU through tariff hikes post-election, as price-sensitive customers resist. 42% of Vi users may downgrade or close secondary SIMs due to upcoming higher tariffs. Vi seeks to upgrade 2G to 4G, double Ebitda by 2025. Vi has been securing funds for 4G expansion and potential 5G rollout. ...Less

Vodafone Idea (Vi) has initiated 5G trials in three network circles using Samsung's virtual Radio Access ...More

Vodafone Idea (Vi) has initiated 5G trials in three network circles using Samsung's virtual Radio Access Network (vRAN) technology on a non-standalone architecture. The trials, aimed at expanding its 4G and introducing 5G services, took place in Chennai, Karnataka, and Bihar. Despite its financial challenges and lagging behind rivals Airtel and Jio in 5G rollout, Vi fulfills its 5G spectrum obligations from the 2022 auction with these trials. ...Less

Reliance Jio maintained its lead over Bharti Airtel by adding 2.20 million mobile users in May, while Air ...More

Reliance Jio maintained its lead over Bharti Airtel by adding 2.20 million mobile users in May, while Airtel followed with 1.25 million additions, as per TRAI data. Meanwhile, Vodafone Idea (Vi) faced a loss of 924,797 users, marking its largest decline in three months. Airtel recorded the highest active subscriber percentage at 99.07%. Jio held 40.60% of the wireless market share with 474.62 million users, followed by Airtel at 33.17% with 387.77 million users, and Vi at 18.66% with 218.16 million users. ...Less

India’s second 5G spectrum sale starts on Tuesday, featuring bids from top carriers Reliance Jio, Bharti ...More

India’s second 5G spectrum sale starts on Tuesday, featuring bids from top carriers Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi). This sale is expected to run for a day or a day-and-a-half and is anticipated to be a low-key affair. Only 10.5 GHz of 5G airwaves are available this time, significantly less than the 72 GHz offered in the country's first 5G spectrum auction in July 2022. ...Less

This follows Vi announcing last month its plans to raise up to Rs 2,458 crore from the two vendors via a ...More

This follows Vi announcing last month its plans to raise up to Rs 2,458 crore from the two vendors via a preferential issue for partly clearing its dues in the run-up to expansion of its 4G networks and rollout of 5G services in priority markets. Nokia and Ericsson will participate for up to Rs 1,520 crore and Rs 938 crore respectively in the preferential issue. ...Less