Vi declines report on acquisition by US telco; stock plunges 8%
The statement comes after several news reports during the weekend stated that US telecom majors -- Verizon, Amazon and Starlink are in the race to acquire the debt-ridden telecom company.
Airtel, Vodafone Idea shares fall after Reliance launches 'JioBharat' phone at ₹999
This disruptive move can halt incremental tariff increases for 2G and help Reliance Jio gain share in that segment, say analysts.
The Brief: Will The Real Owner Of Vodafone Idea Please Stand Up!
Vi’s woes will not end till government realises it is the “beneficial owner”
and not the company’s promoter.
Jio, Airtel add 19.8 lakh mobile subscribers in Feb; Vodafone loses 20 lakh users: TRAI
During the month under review, Jio added 10,04,797 mobile subscribers as against 16,58,448 subscribers in January.
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.
Telcos' return on capital to see limited upside: India Ratings
Ind-Ra expects telecom companies to increase their capex intensity for the next 12 months to deploy 5G services at an accelerated pace.
Vodafone Idea allots ₹1,200 cr debentures to ATC Telecom Infra; stock up 2%
Vi has issued 1,200 debentures of the face value of ₹10 lakh each to ATC Telecom Infrastructure, while the balance 400 securities will be allotted later.
Vodafone Idea Q3 losses widen to ₹7,990 cr
The company’s consolidated revenue from operations during the quarter under review stood at ₹ 10,552.90 crore as against ₹9,644.80 crore in the same period a year-ago.
Vodafone Idea shares zoom 24% as govt okays conversion of debt into equity
The Centre is now the largest shareholder in Vi, with a 33% stake as it agreed to convert its dues worth ₹16,000 crore into equity shares.