Page 12 - Vodafone
Saudi Telecom looking to expand, in talks to buy 55% stake in Voda Egypt
The British-based Vodafone is one of the world's largest cellphone operators and the top provider in Egypt, with over 40 million Egyptian subscribers
 "Saudi Telecom looking to expand, in talks to buy 55% stake in Voda Egypt")
Sebi glare on Voda Idea writedown by mutual funds after AGR verdict
Franklin Templeton MF announced 100% mark-down; others followed valuation metric after SC rejected telcos' petition
 "Sebi glare on Voda Idea writedown by mutual funds after AGR verdict")
DoT to take no coercive action against telcos for missing AGR deadline
Bharti Airtel, Voda Idea and the Tatas are set to miuss the Jan 24 deadline as they would wait until next week, when their "modification" petition will be heard by the SC, before making AGR payments
 "DoT to take no coercive action against telcos for missing AGR deadline")
RBI scraps certificate of authorisation of Vodafone's mobile payment app
Last year, Vodafone Idea had decided to close m-pesa vertical following the closure of Aditya Birla Idea Payments Bank Ltd (ABIPBL), with which it was being merged.
 "RBI scraps certificate of authorisation of Vodafone's mobile payment app")
Amazon partners with Vodafone to set up pick-up points for customers
The partnership will enable Amazon.in customers to choose their nearest Vodafone store as a pick-up point to collect their packages at a convenient time
 "Amazon partners with Vodafone to set up pick-up points for customers")
Vodafone RedX and Airtel 999: Are these premium mobile plans for you?
Vodafone's RedX is for the traveller with high entertainment needs, while Airtel's plan is for the more value-conscious customer
 "Vodafone RedX and Airtel 999: Are these premium mobile plans for you?")
Jio becomes largest telco with 369 mn subscribers, Voda at 336.2 mn: Trai
Reliance Jio added 56 lakh new customers, followed by Bharti Airtel which added 16.59 lakh new subscribers and BSNL 3.41 lakh.
 "Jio becomes largest telco with 369 mn subscribers, Voda at 336.2 mn: Trai")
Vodafone Idea mobile customer base drops by 36.3 mn to 336.3 mn in Nov
The telecom operator had reported an increase of 1.89 lakh mobile customers on its network in October
 "Vodafone Idea mobile customer base drops by 36.3 mn to 336.3 mn in Nov")
Prasad hits out at Vodafone for 'dictating' terms to India on AGR ruling
He also said Mahanagar Telecom Nagar Ltd and Bharat Sanchar Nigam Ltd are strategic assets that should remain in the fray and ensure better competition
 "Prasad hits out at Vodafone for 'dictating' terms to India on AGR ruling")
Tariff hikes likely to double telcos operating profit in FY21: Report
The Supreme Court order on the AGR puts a burden of Rs 1.47 lakh crore on the industry that has been bleeding for years and sitting on a debt pile of close to Rs 4 lakh crore
 "Tariff hikes likely to double telcos operating profit in FY21: Report")
Facing competition, telcos ask Trai to set up floor price for data tariffs
COAI represents India's telecom service providers and network vendors excluding state-run Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL)
 "Facing competition, telcos ask Trai to set up floor price for data tariffs")
Surge in telecom stock over tariff hikes, Rs 33k cr added in m-cap
Over 146 crore shares of Vodafone Idea were traded on the NSE and more than 11 crore on the BSE
 "Surge in telecom stock over tariff hikes, Rs 33k cr added in m-cap")
Why MNCs are changing their India tune
The reasons are myriad - maturing of markets, change in business strategy -but there is a clear indication that global firms are not willing to tolerate any more slack in India
 "Why MNCs are changing their India tune")
Tariff hike may cause slower net user addition for telcos: BofA-ML report
Earlier this week, Reliance Jio, Airtel and Vodafone all announced tariff hikes to be effective from next month
Top 10 biz headlines: Telcos to hike tariffs, Budget 2020, and more
From NHAI issuing land bonds to Tata Steel's jobs cuts, here are the top 10 business headlines for the day.
 "Top 10 biz headlines: Telcos to hike tariffs, Budget 2020, and more")
Financial reforms like regulating co-op banks coming in winter session: FM
At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation
 "Financial reforms like regulating co-op banks coming in winter session: FM")
Vodafone pleads for govt relief after posting worst quarterly loss in India
Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay fees the government said were due from prior years
After biggest quarterly loss, Vodafone Idea seeks AGR relief from govt
The finance ministry won't back down from collecting the amount, which needs to be paid within three months as per the court order
 "After biggest quarterly loss, Vodafone Idea seeks AGR relief from govt")
AGR woes: Bharti Airtel, Voda Idea post a combined Rs 74,000-cr loss in Q2
Vodafone Idea and Airtel have made provisions for their liabilities arising from the Supreme Court order in their latest September quarter results
Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history
Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years
 "Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history")
