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Kripa B April 9th, 2025 10:39 AM 1 COMMENTS

Government Stake in Vodafone Idea Rises to 48.99 Percent After Fresh Equity Allotment

Vodafone Idea Limited (VIL) has allotted 36.95 billion equity shares to the Government of India, acting through the Department of Investment and Public Asset Management (DIPAM), following an order under Section 62(4) of the Companies Act, 2013. The allotment, approved by the Capital Raising Committee of the Board on April 8, is valued at Rs 36,950 crore, with shares issued at a face value of Rs 10 each. Also Read:... Read More

Kripa B April 8th, 2025 8:49 AM 19 COMMENTS

Bharti Airtel, Jio to See Revenue Growth in Q4FY25; Vodafone Idea to Continue Subscriber Loss: Report

Brokerage firms expect Bharti Airtel and Reliance Jio to report an increase in their cellular revenues for Q4FY25, while Vodafone Idea (Vi) is likely to see a continued decline due to ongoing subscriber churn. Vi's subscriber loss trend may continue, with its user base falling by 4.2 million in the March 2025 quarter. Also Read: Airtel Business Recognised for Best Adoption of AI in Marketing Airtel's Q4FY25 Performance "We see... Read More

Kripa B April 7th, 2025 4:11 PM 10 COMMENTS

Vodafone Idea Expands 5G Services to Cricket Stadiums Across 11 Cities

Vodafone Idea has now extended its 5G coverage to major cricket stadiums across several Indian cities, following the launch of its 5G services in Mumbai. The company announced on Monday, April 7, the expansion of its 5G network to key stadiums across 11 cities. "Cricket fans will now be able to experience the power of Vi 5G in stadiums Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai and... Read More

Srikapardhi April 7th, 2025 1:36 PM 18 COMMENTS

Airtel, Jio, and Vodafone Idea Entry-Level Unlimited 5G Prepaid Plans Detailed: April 2025 Edition

Indian private telecom operators Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) are all offering 5G services now. Although Vi recently joined the 5G bandwagon—only in the Mumbai circle as of now—the operator has joined the list of telecom providers offering 5G services to end users. So far, we have discussed Airtel and Jio's entry-level prepaid plans offering complimentary Unlimited 5G Data. Also Read: Airtel, Jio, and Vodafone Idea: Data... Read More

Kripa B April 7th, 2025 7:27 AM 0 COMMENTS

Macquarie Downgrades Vodafone Idea on Fresh Govt Equity Infusion: Report

Vodafone Idea (Vi) shares came under pressure after global brokerage firm Macquarie downgraded the telecom operator's stock rating to 'Underperform' and slashed its target price to Rs 6.50, down from Rs 7. The downgrade comes in response to the recent equity dilution by the Government of India (GoI), which has resulted in a significantly increased government stake in the company, according to an ET Telecom report. Also Read: Indian Government... Read More

Kripa B April 7th, 2025 7:03 AM 0 COMMENTS

Vodafone Idea Explores Letter of Credit Option for Equipment Purchases: Report

Vodafone Idea (Vi) has begun initial talks with banks and international vendors to procure 4G and 5G network equipment using letters of credit (LCs) instead of full upfront payments, leveraging the government's debt-to-equity conversion as support. The Indian government recently decided to convert Rs 36,950 crore of Vi's outstanding spectrum auction dues into equity, under the provisions of the September 2021 telecom reforms package. Also Read: Vodafone Idea Begins Search... Read More

Tanay Singh Thakur April 7th, 2025 6:55 AM 2 COMMENTS

Vodafone Idea to Launch 5G in Four Circles this Month

Vodafone Idea (Vi) announced the launch of its 5G in March. The telco first launched the 5G service in the Mumbai circle. In April 2025, the telco has confirmed that it will launch 5G in more circles. According to the website of the company, the 5G launch will happen in more circles including Bihar, Delhi, Karnataka, and Punjab. This will make it a total of five circles where Vi's 5G... Read More

Tanuja K April 6th, 2025 6:37 AM 0 COMMENTS

Vodafone Idea has Fresh Conversations with Banks for LCs: Report

Vodafone Idea Limited (VIL), an Indian telecom operator, has started fresh conversations with the banks. These conversations are focused on being able to secure letter of credits (LCs). These LCs will help the telco in getting more equipment from the vendors. Vi is in the processing of scaling up its capex (capital expenditure) to aggressively roll out 4G and 5G throughout India. However, the company needs to get equipment/gear from... Read More

Kripa B April 2nd, 2025 10:47 PM 7 COMMENTS

Vodafone Idea Begins Search for a New CEO: Report

Vodafone Idea Limited (VIL), India's third-largest telecom operator, has begun the search for a new chief executive officer (CEO) as incumbent Akshaya Moondra's tenure concludes in August, LiveMint reported, citing two senior industry executives aware of the development. Also Read: Indian Government to Raise Stake in Vodafone Idea to 48.99 Percent Vodafone Idea Begins Search for New CEO The company, which recently secured a second financial lifeline from the government,... Read More

Kripa B April 2nd, 2025 1:52 PM 0 COMMENTS

Banks Wary of Lending to Vodafone Idea Despite Government’s Equity Boost: Report

Vodafone Idea (Vi) said the Indian government's decision to convert part of its dues into equity bolsters the prospects of securing bank credit to the tune of Rs 25,000 crore, as the company seeks to expand and upgrade its telecom network. However, bankers said the move might not be sufficient assurance for them to lend to the troubled company, ET Telecom reported. Also Read: Indian Government to Raise Stake in Vodafone... Read More

Kripa B April 2nd, 2025 2:08 AM 11 COMMENTS

Airtel, Reliance Jio, and Vodafone Idea Network Coverage Maps Go Live for Users

Indian telecom operators Bharti Airtel, Reliance Jio, and Vodafone Idea make their network coverage maps available to users on their respective websites. This follows a directive from the Telecom Regulatory Authority of India (TRAI), which requires mobile carriers to display geospatial coverage maps on their websites, showing the geographical areas where they provide wireless voice and broadband services. Also Read: TRAI Directs Telecom Providers to Display Coverage Maps on Websites... Read More

Tanuja K April 1st, 2025 11:56 AM 7 COMMENTS

Vodafone Idea Shares Skyrocket More than 18% on Tuesday Morning

Vodafone Idea Limited (VIL)'s stock price shot up by 18% on Tuesday morning. The price of Vi's shares at the time of writing this is Rs 8.09, up 18.97% to be precise. This is a great start for Vodafone Idea in FY26 in the stock market. Indian government has agreed to covert AGR (adjusted gross revenue) dues worth Rs 36,940 crore into equity for itself in Vodafone Idea. This is... Read More