Vodafone Idea

November 23rd, 2018 5:01 PM 79 COMMENTS

Vodafone Idea to Focus on 4G Expansion as India is Not 5G Ready: Balesh Sharma

Vodafone Idea CEO, Balesh Sharma in a talk with reporters on Thursday informed that the company intends to retain its pole position in the industry and it will do so by simplified tariff plans, faster integration and bettering its balance sheet. Sharma also hinted that the current unsustainable pricing in the industry would correct itself as the effect of consolidation in the market is seen in the coming months. The... Read More

November 23rd, 2018 1:45 PM 15 COMMENTS

Vodafone Idea Favours Chinese Vendors Over European Providers for 4G Expansion

As Vodafone Idea Limited works upon its plan of expansion of the 4G network, the newly merged telco has finalised contracts for equipment deployment with Chinese equipment vendors Huawei and ZTE. This has come at the cost of lower purchase orders for the European equipment vendors like Nokia and Ericsson. This move has happened in the light of Vodafone Idea Ltd focusing on lowering the costs As per a report... Read More

November 22nd, 2018 5:45 PM 80 COMMENTS

Unsustainable Telecom Market is Damaging Digital India Initiative: Vodafone Idea

The largest telco by subscribers Vodafone Idea said the market is "unsustainable" due to aggressive competition and warned that it's detrimental to the government's flagship initiatives like Digital India. In his first interaction after the merger of the two companies, chief executive Balesh Sharma said on Thursday to reporters of PTI that all the three operators are burning cash and no one can expect them to invest in such a... Read More

November 21st, 2018 5:47 PM 248 COMMENTS

Airtel, Vodafone Idea Prepaid Users Baffled as They Receive Outgoing and Incoming Voice Calling Expiry Notice

In order to push unlimited prepaid plans, top telcos- Bharti Airtel and Vodafone Idea seem to have taken yet another major step. After removing the talk time plans, telcos are now barring outgoing and incoming calling facility on prepaid numbers. According to the information we have, Airtel and Vodafone Idea started restricting its users from making outgoing voice calls without an unlimited prepaid pack. In a country like India, where... Read More

November 21st, 2018 4:12 PM 33 COMMENTS

Kumar Mangalam Birla of Vodafone Idea Expresses Concerns on High Spectrum Payment to Government

Kumar Mangalam Birla, Chairman of Vodafone Idea Ltd, has flagged concerns about a severe liquidity crunch in the telecom sector and high spectrum payments at a recent meeting with Telecom Minister Manoj Sinha, an official said. Telecom sector has been battered by falling tariffs, eroding profitability, and mounting debt, in the face of stiff competition triggered by disruptive offerings of Reliance Jio, owned by richest Indian Mukesh Ambani. Birla, who... Read More

November 21st, 2018 1:27 PM 2 COMMENTS

Vodafone Idea Providing Three Month Free Talk Time for Lava A1 Feature Phone Users

The largest telecom operator of India, Vodafone Idea seems to have come up with a feature phone strategy of its own for the Indian consumers. Vodafone Idea has partnered up with phone manufacturer Lava to launch an offer for all Lava A1 feature phone owners. As part of this offer, all Lava A1 users will be able to get three months unlimited talk time from Vodafone and Idea Cellular both.... Read More

November 16th, 2018 2:37 PM 14 COMMENTS

Bharti Infratel Could Emerge as Potential Buyer of Fibre Assets from Vodafone Idea

As per latest reports, Bharti Infratel, the tower arm of Bharti Airtel might chip in for the asset sale of Vodafone Idea Limited. Notably, this fibre asset sale from Vodafone Idea will help the newly merged telco in raising funds for capex and other expenses as the profit margins grow thin. This asset sale will be in addition to the Rs 25,000 crore fund which Vodafone Idea will raise as... Read More

November 15th, 2018 8:58 PM 16 COMMENTS

Vodafone Idea to Raise $3.5 Billion: Industry to Take Another Hit Before Any Improvement

Vodafone Idea’s first quarterly financial report is out, and things are not looking good for the recently merged telecom operator. Listing the Ebitda of these companies, which is earnings before interest, tax, depreciation and amortisation the newly merged telco reported that it had EBITDA of Rs 977 crore for the quarter ending September, with the margins lying just at 8.1%. It’s noteworthy that in the pre-merger times, profit margins for... Read More

November 15th, 2018 6:24 PM 17 COMMENTS

Vodafone Idea Shares Dip 11% After the Announcement of Maiden Financial Results

Shares of Vodafone Idea on Thursday plunged 11% after the telecom services provider reported a consolidated loss of Rs 4,973 crore for the September quarter. The stock, which had opened on a weak note, dived 11.10% from the previous close to Rs 36.85 on the BSE. During the trading session, it had hit a low of Rs 36.30 and a high of Rs 40.45. Similar movement was seen on the... Read More

November 14th, 2018 8:06 PM 115 COMMENTS

Vodafone Idea ARPU Declined to Rs 88 in September Quarter, Posts Losses of Rs 4,973 Crore

Vodafone Idea on Wednesday reported a consolidated loss of Rs 4,973 crore for the September quarter in its maiden financial results post-merger. The merger of Vodafone India with Idea Cellular was completed on August 31, 2018. The numbers for the reported quarter include results for Idea Cellular up to August 30, 2018, and for Vodafone Idea from August 31 to September 30 and hence these are not comparable to the... Read More

November 8th, 2018 5:38 PM 71 COMMENTS

Vodafone Idea Follows Bharti Airtel, Plans to Deploy 2G and 3G Spectrum for 4G Network Services

Previously, we heard about Bharti Airtel plotting strategies to downscale its 2G and 3G spread in the country to make use of the airwaves and other resources for a better 4G network. Now Vodafone Idea seems to be following on the same lines. The newly merged telco has also announced that it would be using its spectrum which was previously being used to relay 2G network for implementing a better... Read More

November 7th, 2018 4:11 PM 145 COMMENTS

Bharti Airtel and Vodafone Idea Make a Major Move by Removing Prepaid Talk Time Plans

With every passing quarter, the Average Revenue Per User (APRU) of top telcos- Bharti Airtel and Vodafone Idea has been dipping alongside that of Reliance Jio's. But the Mukesh Ambani-led telco's ARPU has been slightly better than that of the other two telcos. In order to increase their ARPU, telcos have come up with a plan and that is to remove talk time prepaid plans. Yes, you heard it right.... Read More

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