Vodafone Idea

Stocks to Watch on Dec 10: Vi, Metropolis, MapmyIndia, TaMo, LIC, PFC

Stocks to Watch on Dec 10: From Vodafone Idea (Vi) to Tata Motors, here is a list of stocks that will remain in limelight today

Vi board approves plan to raise Rs 1,980 crore from promoter units

Omega Telecom Holdings and Usha Martin Telematics to hold nearly 3 per cent of Vi after issue

Debt-ridden Vodafone Idea to raise Rs 1,980 crore through share issue

Vodafone Idea said it will issue shares to Vodafone Group entities Omega Telecom Holdings and Usha Martin Telematics worth up to Rs 1,280 crore and Rs 700 crore, respectively

Stocks to Watch, Dec 6: Vi, Canara Bank, rate sensitives, Nykaa, RITES

Stocks to Watch, Dec 6: From rate sensitives to Vodafone Idea (Vi) here is a list of stocks to remain in focus today

Debt-ridden Vodafone Idea to raise Rs 2,000 cr from Vodafone Group

Debt-ridden telecom firm Vodafone Idea on Thursday said its board will consider a proposal to raise Rs 2,000 crore from entities belonging to promoter Vodafone Group. The development follows Vodafone Group's announcement to sell a 3 per cent stake in Indus Towers to clear its debt of USD 101 million or about Rs 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea. " a meeting of the Board of Directors of the Company is scheduled to be held on Monday, 9 December 2024, inter-alia, to consider proposal for raising of funds not exceeding Rs 2,000 crore, by way of issuance of equity shares and / or convertible securities on a preferential basis to one or more entities belonging to Vodafone Group," the company said in a filing. British telecom firm Vodafone's 3 per cent stake in Indus Towers is valued at around Rs 2,800 crore. The company had announced that after settling the debt, it intends to contribute the residual proceeds from the placi

Stocks to Watch, Dec 3: Cipla, Axis Bank, Swiggy, TaMo, Adani Ports, SBI

Stocks to Watch, Dec 3: From Adani Group to Cipla here are few stocks that will be eyed today

Vodafone Idea becomes latest telco to launch AI-based spam detection filter

Vi is continuously working to develop solutions to curb spam, including voice calls, to ensure its users are further protected from unsolicited calls

Up 30% from lows; is Vodafone Idea share price headed towards Rs 10-mark?

Technical charts suggest that Vodafone Idea stock can potentially rally to Rs 10.90 on the upside, provided the stock sustains above this resistance zone.

Bank guarantee waiver for telecom operators comes with conditions

Additional 3 months' instalment along with annual payments to be paid

Cabinet waives bank guarantee for spectrum purchased in past auctions

The Union Cabinet has waived the requirement to submit bank guarantees for spectrum purchased through auctions held before 2022, according to sources. The move brings huge relief to debt-ridden Vodafone Idea as it already crossed the timeline to submit Rs 24,746.9 crore bank guarantee for spectrum payment coming up between October 2025 and September 2026. The decision will also provide relief to Bharti Airtel and Reliance Jio who have bought radiowaves through various auctions that were held before 2022. "Cabinet has waived the requirement of bank guarantees as per the relief sought by telcos," a source said. As part of telecom reforms announced in September 2021, the government has already waived the requirement of depositing bank guarantees for spectrum purchased through auctions. Vodafone Idea CEO Akshaya Moondra in the company's earning call had said the bank guarantees will impact the company's ability to seek debt facilities from the banks which the firm requires for investm

Telecom stocks gain as govt waives bank guarantee; Vodafone Idea surges 16%

Vodafone Idea is expected to be one of the key beneficiaries as the company was required to submit a total of Rs 24,700 crore in BGs, ICICI Securities said in a note.

Jio, Airtel, Vi lose over 10 mn mobile subscribers in Sep; BSNL adds users

Private telcos Reliance Jio, Bharti Airtel and Vodafone Idea cumulatively lost over one crore wireless subscribers in September, even as state-owned BSNL surprised with net adds of almost 8.5 lakh mobile users, as per monthly data released by TRAI. Reliance Jio lost 79.69 lakh mobile subscribers in September compared to the previous month, Bharti Airtel (14.34 lakh users), and Vodafone Idea (15.53 lakh users). Bharat Sanchar Nigam Ltd (BSNL) added 8.49 lakh users to its wireless subscriber tally. The wireless subscriber base of Reliance Jio stood at 46.37 crore in September, while that of Bharti Airtel was 38.34 crore. The wireless user base of Vodafone Idea was 21.24 crore as of September 2024. BSNL's gains in September pushed its subscriber tally to 9.18 crore. It is pertinent to mention that the three private telcos had hiked mobile tariffs by 10-27 per cent in July. BSNL, however, refrained from following the footsteps of its larger rivals, and its Chairman and Managing Direc

Telecom stocks mixed after SC allows to claim tax credits on infra duties

Bharti Airtel and Indus Towers shares rose in the early trade, while Vodafone Idea slipped after SC allowed telcos could avail themselves of central value-added tax (cenvat) credit on infra

Vi's Rs 25,000 cr debt-funding delay may threaten financial turnaround

Vodafone Idea owes Rs 70,320 crore in AGR-related dues, a liability that it is struggling to meet, especially after the Supreme Court's dismissal of its petition

Expect subscriber losses to reverse soon, says Vi CEO Akshaya Moondra

Vi CEO says talks are on with lenders, who remain in wait-and-watch mode

Stocks to watch, Nov 14: PFC, Eicher Motors, Vi, Nalco, Swiggy, ONGC

Stocks to watch, Nov 14: Here are few stocks that will be in limelight for today's session

Vi Q2 results: Net loss narrows to Rs.7,175 crores, Arpu at Rs 156

4G subscriber base falls after 11 quarters, overall user base shrinks 5 million

Vodafone Idea Q2FY25 results: Loss narrows to Rs 7,176 cr, revenue up 1.8%

Debt-ridden telecom firm Vodafone Idea on Wednesday said its consolidated loss narrowed to Rs 7,175.9 crore in the September quarter. The company had posted a loss of Rs 8,746.6 crore in the same period a year ago. The consolidated revenue from services of Vodafone Idea (VIL) increased 1.8 per cent to Rs 10,918.1 crore during the second quarter of the current fiscal year from Rs 10,714.6 crore in the year-ago period, it said in a regulatory filing. Its consolidated revenue from operations increased to Rs 10,932.2 crore during the quarter from Rs 10,716.3 crore a year ago, it stated.

Nokia to deploy 3,300 new sites for VI's 4G expansion by March 2025

Nokia said it will upgrade over 42,000 technology sites and complete more than 25,000 spectrum expansions across Vi's network

Any waiver to be sectoral, not just for Vodafone Idea: Jyotiraditya Scindia

Starlink needs to comply with existing norms, security concerns for satcom licence