Multiple reports saying the promoters of Vodafone Idea (Vi) will infuse capital soon into the company have surfaced online. However, Vodafone Group Plc, one of the promoters of the company, isn’t going to infuse any more of its money into Vodafone Idea. This is a little surprising since if Vi wants outside capital, the promoters must show confidence first and give their money to the telco. No official word from... Read More
5G is going to be the next revolution in the connectivity standards, and it is going to come with its share of challenges. One of the biggest issues that Vodafone Idea (Vi) and other telcos will have to navigate through will be delivering the network seamlessly to the end-user. Since 5G networks would operate on a higher spectrum band, they will require even denser infrastructure and backhaul to support the... Read More
Vodafone Idea (Vi) might soon see its promoters including the Aditya Birla Group (ABG) and Vodafone Group Plc infusing fresh capital into the company. However, note that nothing is confirmed at the moment and a final decision related to the equity capital will only be taken at the board level. This makes sense because Vodafone Idea needs an external investor, they need to first see what the promoters feel about... Read More
Vodafone Idea (Vi) has just announced that it was able to achieve a maximum download speed of 3.7 Gbps with the mmWave spectrum. For the unaware, Vi has been testing 5G networks in two parts of India, Gandhinagar, Gujarat and Pune, Maharashtra. The telco has now shared the 5G trial results of Gandhinagar, Pune, and said that it has been able to achieve a download speed of 3.7 Gbps. Vi... Read More
The Telecom industry in India can still “slip towards a duopoly” in absence of a “sizable tariff hike,” multiple analysts say. The Union government on Wednesday announced a set of “structural and process reforms” for the telecom industry to “promote healthy competition” and to “generate employment opportunities.” The measures announced by the Union government included a four-year moratorium for telecom companies to repay dues to the government along with the... Read More
Vodafone Idea (Vi), the merged entity between Vodafone and Idea, is not preferring to use the equity to pay both the principal and interest that it has to pay the government towards AGR (adjusted gross revenue) dues and spectrum fees. This has been revealed by people with direct knowledge of the matter at the Aditya Birla Group, claims a report by MoneyControl. The option of paying dues as equity to... Read More
Both Bharti Airtel and Vodafone Idea (Vi) might get a total of Rs 22,000 crores back from the Department of Telecommunications (DoT) if they opt for the moratorium of spectrum payments for the next four years. The Rs 22,000 crores in concern here are the Bank Guarantees (BGs) that the telcos had provided to the DoT. Out of the Rs 22,000 crores, Vodafone Idea will get Rs 14,000 crores and... Read More
The government yesterday announced a bailout package for the telecom sector. Brickwork Ratings has called the measures a “much-needed breather” for the industry. The telcos will now not have to worry about paying the adjusted gross revenue (AGR) dues and spectrum usage charges in the next four years. However, the interest on the dues will be added up and will be payable to the government once the moratorium period ends.... Read More
Vodafone Idea Limited’s (VIL) future, until yesterday, was mixed in dark clouds. Things weren’t clear, and the company had failed to secure any new investors. However, with the announcement of the relief package, one thing’s fixed, Vodafone Idea (Vi) is not going to go out of the market, even in the long-term, at least that’s what the evidence suggests. The company’s visibility as a “going concern” has increased with the... Read More
The kind of debt Vodafone Idea has, it will be very hard for the telco to pay it all in the next few years. The relief package will help the telco in stabilising a lot, but it will still require Vi to increase its revenues significantly and that too very fast to reach a good position. To ease the pain of the telcos even further, the Indian government is working... Read More
Vodafone Idea, Bharti Airtel, and Reliance Jio, all have shown their support for the relief measures that were announced by the government today. The Government of India (GoI) has changed its definition of the adjusted gross revenue (AGR) dues and have also allowed a moratorium with interest rates for four years in the payments related to AGR and spectrum purchased, ease in process of getting clearance for tower installation, 100%... Read More
Vodafone Idea (Vi) has launched India’s first cell broadcast-based public warning system with the Andhra Pradesh government and Celltick. The company will be taking the help of Celltick, one of the largest cell-broadcast based products provider and a global leader of Public Warning Systems. Celltick announced that Vodafone Idea (Vi) has become the first telecom operator in the state of Andhra Pradesh to support the CAP-compliant Integrated Public Alert and... Read More
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