In its run-up to raise money for operational costs and to better compete with telcos like Reliance Jio and Bharti Airtel, Vodafone Idea Limited has transferred its fibre networks assets to a wholly owned subsidiary. This segregation of the fibre network assets by the company will allow it to now … Read More
Telecom operators Airtel and Vodafone have shown some recovery in terms of revenue in metro cities during the September quarter, while Reliance Jio gained strength in a majority of telecom circles, according to analyst reports on revenue data published by telecom regulator Trai. Research firm UBS observed that the revenue … Read More
Vodafone Idea Limited (VIL) the newly merged telco has stated that once it acquires the 5G spectrum and combined with the right ecosystem in India, the transition to 5G will only be a software update for the telco. VIL’s chief technology offer, Vishant Vora in a talk with ET revealed … Read More
With the ongoing changes in the prepaid sector, it’s pretty evident that more and more customers will choose postpaid as their service option going forward. Back in August 2016, postpaid plans used to offer better benefits than prepaid plans as the combo plans didn’t exist back then. But the scenario … Read More
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 … Read More
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. … Read More
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 … Read More
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 … Read More
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 … Read More
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, … Read More
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 … Read More
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 … Read More
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