Vodafone to trim 11,000 jobs; forecasts 'no growth' in new financial year
According to Valle, a significant investment has been reallocated in FY24 towards customer experience and brand.
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Vodafone Idea shares jump 10% as Kumar Mangalam Birla returns to board
KM Birla has returned to the board of Vi as an additional director (non-executive and non-independent) with effect from April 20, 2023.
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.
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.
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.
Can Vodafone Idea die to live?
The government has to choose either a collapse or a possible bailout by BSNL. Either of the outcomes is good for Jio and Airtel.
What next after the Vodafone tax arbitration?
The telecom major has scored yet another win in the legacy tax dispute. But it is premature to assume that the tribunal’s award is the last word.
No election cheer for markets
Equity markets opened in the green expecting an easy BJP win in Maharashtra and Haryana, but lost steam over lukewarm corporate earnings and the SC verdict ordering telcos to pay ₹92,000 crore.
Vodafone-Idea merger will not dent Airtel, Jio in the near future
The merger sent jitters across the industry that has been dominated by Bharti Airtel for over a decade now, but analysts see it as a consolidation of the telecom industry.
Bharti Airtel’s profit plunges 78% in Q4
The country’s largest telecom operator suffered in the previous quarter due to aggressive pricing from Jio.
