Will government rescue Vodafone Idea turning as its largest shareholder?
Shares of the company jumped more than 13% in the intraday trade on Wednesday expecting a positive response from the government.
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Who will break the deadlock at Vodafone Idea?
The banks want the government to come in as the largest stakeholder to release ₹20,000 crore loan to VIL.
Will delay in Govt equity affect Voda's 5G plans?
Vodafone Idea wants to complete ₹20,000 crore fundraising from the lenders and new investors before 5G auctions begin in July.
Vodafone Idea defers AGR dues payment of ₹8,837 crore
Vodafone Idea says the Department of Telecommunications has offered the company a moratorium of four years on all AGR related dues up to financial year 2018-19.
Vodafone Idea Q4 results: Net loss narrows to ₹6,563 crore
Revenue of the company rose 6.46% year-on-year to ₹10,240 crore during the quarter ended March 2022.
Airtel to purchase 4.7% of Vodafone’s stake in Indus Towers
The deal comes with a stipulation that the proceeds shall be used to induce fresh equity in Vodafone Idea and simultaneously remitted to Indus Towers.
THE BRIEF: Vodafone Idea’s long road to recovery
Telco struggles to tide over financial crisis with tariff hike and equity capital.
