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
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, … Read More
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 … Read More
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 … Read More
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 … Read More
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