Vi stock tanks 4% after Vodafone Group says telco needs liquidity support
Shares of Vodafone Idea plunged 4% to ₹7 apiece on the NSE.
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May 2023
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December 2022
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.
Vi stock falls to 52-week low amid uncertainty over funding
The stock fell 7.36% in the past week; its plans to raise funds are stuck as banks want clarity on the govt and promoters' plans first.
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.
Indus Towers: Data Gains
The merger with Bharti Infratel and a sharp rise in mobile data usage aided the revenue growth of the world’s second-largest telecom tower company.
