The Supreme Court’s recent dismissal of Vodafone Idea’s (Vi) curative petition regarding the computation of adjusted gross revenues (AGR) has raised significant concerns among banks about lending to the beleaguered telecom company. The court’s ruling has made banks wary of lending to the company, according to a report by ET. … Read More
Vodafone Idea’s Chief Executive Officer, Akshaya Moondra confirmed on a recent company call with the investors and analysts on September 23, 2024, that Rs 170 billion towards government debt could be converted into equity. “The total payout to the government is Rs 43,000 crore annually, or Rs 430 billion. Out … Read More
Vodafone Idea Limited (VIL), the third-largest telecom operator in the country, recently announced that it had concluded a $3.6 billion USD deal wherein it would source equipment from Nokia, Ericsson and Samsung. The deal will expand the presence of 4G in the country. What does this mean for the company, … Read More
Vodafone Idea (Vi), the third-largest private telecom operator in India, offers a range of prepaid plans to its over 215 million wireless subscribers as of July 2024. (Source: TRAI). Typically, we see recharges with validities of 1 month, 28 days, 56 days, 84 days, or 1 year. However, Vodafone Idea … Read More
Vodafone Idea (Vi) has called special investors and analysts meet on September 23, 2024. It will be Monday and this meeting is scheduled from 2:30 PM to 3:00 PM. The company said that this meeting is to provide an update on the recent developments. For the unaware, the Supreme Court … Read More
Vodafone Idea Limited (VIL) has just announced that it concluded a mega $3.6 billion mega-deal with Nokia, Ericsson, and Samsung for the supply of network equipment over a period of three years. This aligns with the company’s plan to spend Rs 55,000 crore ($6.6 billion) on capex over the next … Read More
Vodafone Idea (Vi), the third-largest private operator in India, offers a range of data packs at various price points to cater to its users’ unforeseen data needs. However, if we look at the benefits offered by Vi, such as Hero, Vi Guarantee, or Extra Data, very rarely do customers need … Read More
Vodafone Idea (Vi) is reportedly on track with its talks with lenders and vendors, despite the Supreme Court’s recent rejection of its curative petition related to adjusted gross revenue (AGR) dues. According to sources familiar with the matter, the outcome of the curative petition was not included in the company’s … Read More
Vodafone Idea (Vi) has enhanced its network across Kerala by deploying additional 900 MHz spectrum on 8,000 sites. This expansion promises improved indoor coverage and faster data speeds for customers throughout the state. The upgrade follows a successful FPO in April, where Vi raised Rs 18,000 crore to further its … Read More
In a major setback to Vodafone Idea (Vi) and Bharti Airtel along with some other companies, the Supreme Court has quashed the curative plea made by the telecom operators for recalculation of AGR (adjusted gross revenue) dues. The telcos were seeking the recalculation because as per them, the telecom department … Read More
Vodafone Idea Limited (VIL) has reduced the validity of two prepaid plans which cost Rs 666 and Rs 479. These plans have been available for users for quite some time. Now the overall cost of these plans has gone up, even though you are essentially spending the same amount. It … Read More
Vodafone Idea (Vi), the third-largest private mobile operator in India, serves a subscriber base of around 217 million, offering a range of prepaid plans with various benefits. Just over the weekend, we reviewed all the benefits Vi bundles in its prepaid plans for its users. We have already explored Vi’s … Read More
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