June 17, 2024 16:40 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Elon Musk has not understood what the Indian EVM is: Rajeev Chandrasekhar counters Tesla CEO's claim | Result of mismanagement and negligence of Modi govt: Rahul Gandhi on Kanchanjungha train accident | Kanchanjungha train accident: Case of signal disregard, says Railway board chairman | Kerala Congress apologises for X post on Modi-Pope meeting after BJP counter | My entry into AIADMK has commenced: VK Sasikala declares her comeback in Tamil Nadu politics

Vodafone Idea net loss widens in Q4FY24; ARPU up 7.6 pc at Rs 146

New Delhi: Vodafone Idea, a leading private sector telecom company with a government stake of 32.2%, recorded a loss of Rs 76,746 million (Rs 7,674.6 crore) in the fourth quarter of the financial year 2023-24, compared to Rs 64,189 million (Rs 6,418.9 crore) in the same period of 2022-23.

Vodafone Idea's successful FPO likely to end Reliance Jio and Airtel's dominance: Report

Mumbai: Cash-strapped Vodafone Idea’s Rs 18,000 crore follow-on public offer (FPO) has been fully subscribed, giving a much-needed push to enable the telco to compete with Reliance Jio and Bharti Airtel, media reports said.

Vodafone Idea raises Rs 5,400 cr from over 70 anchor investors

Mumbai: Vodafone Idea has garnered Rs 5,400 crore from 74 anchor investors, according to a statement released on Wednesday.

Vodafone Idea expects to roll out 5G service in next six-nine months

Telecom major Vodafone Idea is planning to launch its 5G service in select pockets across India in the next six to nine months, media reports said.

Vodafone Idea FPO worth Rs 18,000 cr to open on Apr 18

Mumbai: Vodafone Idea has announced its follow-on public offer (FPO) worth Rs 18,000 crore which will be open for subscription starting April 18.

GQG Partners, SBI Mutual Fund invest in Vodafone Idea: Report

Mumbai: GQG Partners, an investment firm, and State Bank of India Mutual Fund are contemplating a combined investment of around $800 million in the $2.16 billion share offering of telecom company Vodafone Idea, media reported.

Vodafone Idea to raise Rs 20,000 cr via equity

Mumbai: Vodafone Idea Ltd is poised to raise Rs 20,000 crore through a combination of equity and equity-linked instruments following approval from the company's board, media reports said.

Vi to convert Rs 16,100 cr debt into equity; govt to take 33 pc stake

Mumbai: The Centre has asked the cash-strapped telco Vodafone Idea (Vi) to convert all interest related to payments for spectrum and other dues into equity.

Vodafone Idea narrows Q1FY23 loss to Rs 7,295 cr; ARPU surges 23.4 pc to Rs 128

Mumbai: Vodafone Idea Wednesday reported a consolidated loss of Rs 7,295 crore in the quarter ending June 2022 compared to Rs 7,312 crore in the same quarter last year.

Vodafone Idea reports net loss of Rs 6,563.1 cr in Q4FY22

Mumbai: Telecom major Vodafone Idea Tuesday announced a net loss of Rs 6,563.1 crore for the quarter ending March 30, 2022, coming down from Rs 7,022.8 crore from the same quarter last financial year.

Govt not interested in participating in Vi's management: Ravinder Takkar

After Vodafone Idea's decision to convert the interest on spectrum auction installments and AGR dues into equity that made the government the biggest shareholder in the company, its Managing Director Ravinder Takkar said the government has no intention to participate in management.

Govt to become largest shareholder in Vodafone Idea

New Delhi/UNI: The Board of stressed telecom company Vodafone Idea has approved conversion of interest on spectrum auction installments and adjusted gross revenue (AGR) dues into equity.

Tariff hike will boost loss-making Vodafone's EBITDA by 70 pc: Report

Mumbai/IBNS: Vodafone Idea is likely to see almost 70 percent and 14 percent jumps in operating income and revenue respectively in FY22 following a hike in all prepaid tariffs by up to 25 percent, provided it does not suffer consequent market share losses, ET reported citing analysts.

Vodafone Idea opts for 4 yr moratorium to clear AGR dues

Mumbai/IBNS: Vodafone Idea on October 20 announced that its board has opted for the four-year moratorium to clear Adjusted Gross Revenue (AGR) dues, according to media reports.

Vodafone Idea unveils new brand Vi

Mumbai/IBNS: Amid intense competition in the telecom sector, Vodafone Idea unveiled its new brand Vi on Monday, media reports said.