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.
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.
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.
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.
Mumbai/IBNS: Amid intense competition in the telecom sector, Vodafone Idea unveiled its new brand Vi on Monday, media reports said.
New Delhi/UNI: India's third largest telecom operator Vodafone Idea on Wednesday reported a net loss of Rs 73,878 crore for 2019-20, the highest ever annual loss by any Indian firm, after making provision for Supreme Court-mandated statutory dues.
New Delhi/IBNS/UNI: Telecom major Vodafone Idea on Sunday announced a hike in mobile calls and data charges from Dec 3.
Mumbai/IBNS: The Bharti Airtel and Vodafone Idea shares made significant gains after the telecom operators announced a hike in tariff rates from Dec 1, media reports said.