Vodafone Idea

Tanuja K

Vodafone Idea Subsidiary is Looking to Raise Rs 5000 Crore

Vodafone Idea Subsidiary is Looking to Raise Rs 5000 Crore

Vodafone Idea Limited’s (VIL) wholly owned subsidiary Vodafone Idea Telecom Infrastructure is looking to raise about Rs 5,000 crore or Rs 50 billion ($569.5 million) through debt. The company is targetting this fundraise in September, according to a Reuters report. Vodafone Idea Telecom Infrastructure will issue two bonds with a … Read More

Kripa B

Vodafone Idea in Advanced Talks to Raise Rs 5,000 Crore Debt: Report

Vodafone Idea in Advanced Talks to Raise Rs 5,000 Crore Debt: Report

Vodafone Idea Limited (VIL), India’s third-largest telecom operator, is in advanced discussions to raise about Rs 5,000 crore through debt financing as part of its ongoing turnaround strategy. The fundraising will be routed via Vodafone Idea Telecom Infrastructure Limited, a subsidiary holding the company’s telecom infrastructure and renewable energy assets, … Read More

Tanuja K

Govt Not Considering Further Relief for Vodafone Idea

Govt Not Considering Further Relief for Vodafone Idea

Vodafone Idea Limited (VIL), the third-largest telecom operator in India, is not going to get further relief from the government. The debt-laden telco was seeking for relief in the matter of AGR (adjusted gross revenue) dues. However, the government feels that it has done plenty for the telecom company and … Read More

Kripa B

Vodafone Idea AGR Relief to Be Decided by Cabinet; At This Moment, There Is Nothing, Says MoS: Report

Vodafone Idea AGR Relief to Be Decided by Cabinet; At This Moment, There Is Nothing, Says MoS: Report

Any additional relief for Vodafone Idea (Vi) on its adjusted gross revenue (AGR) dues will be decided collectively by the Union Cabinet, involving the Prime Minister’s Office (PMO), the Finance Ministry, Telecom Minister Jyotiraditya Scindia and the Department of Telecommunications (DoT), Minister of State for Communications Pemmasani Chandra Sekhar has … Read More

Tanuja K

Vodafone Idea Continues to Offer Rs 249 Plan

Vodafone Idea Continues to Offer Rs 249 Plan

Vodafone Idea continues to offer the Rs 249 prepaid plan. The Rs 249 plan was a decent price point for the customers of Jio and Airtel who wanted a balance of validity and data. However, Jio and Airtel have decided not to offer this plan anymore. The telcos want users … Read More

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