Vodafone Idea Limited (VIL) is doing all it can to push customers to keep using its services. Regardless, there are many customers who have already left the telco’s networks. To put in exact numbers, in 2022, Vodafone Idea lost 20 million active users. A loss of inactive users doesn’t affect … Read More
Vodafone Idea (Vi) is going to see its shares slide 60% from the current levels, believes JP Morgan. The brokerage firm has set a target price of Rs 3 for Vi. This is because there are structural issues in the company. It is worth noting that the telco announced its … Read More
Vodafone Idea (Vi) has not yet made any comments on when it is going to launch 5G in India. This delay could cause the company to lose out on high-paying customers. That would be detrimental to the average revenue per user (ARPU) of the telco. Vi’s competitors are rolling out … Read More
Vodafone Idea (Vi) has just announced its quarterly results for Q3 FY23. The telco’s net loss has widened QoQ (quarter-on-quarter) while its revenues remained flat. The EBITDA (earnings before interest tax depreciation and amortisation) improved by a marginal percentage, but that is unlikely to have any positive impact on the … Read More
Vodafone Idea (Vi), the third largest telecom operator in India, is in discussion with the banks to refinance some of the debt and also for softer repayment terms. The telco has been struggling to make ends meet because of its poor cash flow situation. According to an ET report, the … Read More
Vodafone Idea (Vi), on February 3, 2023, got the order from the Ministry of Communications to go ahead with the dues to the equity conversion process. On February 7, 2023, Vi informed the stock exchanges that the board of directors of the company had approved the allotment of 16,133,184,899 equity … Read More
It’s known that Vodafone idea (Vi) is going through rough phases, but with the recent clearance of equity conversion by the Government of India, Vi got a short-term relief without facing bankruptcy proceedings soon. The Government’s shareholding in Vi stands at 33.44% after the equity conversion and is the largest … Read More
Vodafone Idea (Vi) is soon going to launch 5G, at least this is what the government expects. The cash strapped telco recently received a good news that it can finally go ahead and convert the dues into equity for the government. Vi can now look ahead and evaluate its fundraising … Read More
Vodafone Idea (Vi), a leading telecom operator, will reportedly approach the banks for fresh loans. The telco is likely going to prioritise servicing old debt in the short term. Banks had earlier said no to Vi for fresh loans by citing the condition that until the time dues to equity … Read More
Vodafone Idea (Vi) has partnered with Motorola to bring support for its 5G on Motorola smartphones. This is a push by Vi to evolve the 5G smartphone ecosystem. However, it is worth noting that Vi would be deploying 5G NSA (non-standalone) in the same spectrum band that Airtel has, and … Read More
Vodafone Idea (Vi), the third-largest telecom operator in India, received the get-go from the Ministry of Communications to convert the interest dues into equity for the government. Being a positive boost for the company’s future, the development has propelled the stock of Vodafone Idea up by more than 25% on … Read More
On Friday, Vodafone Idea (Vi) said that it had been directed by the Ministry of Communications to convert its interest dues on the deferred AGR and spectrum-related payments into equity for the government. The telco wanted this to happen for a long time. However, on multiple occasions, Vi said that … Read More
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