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Kripa B April 7th, 2025 7:03 AM 0 COMMENTS

Vodafone Idea Explores Letter of Credit Option for Equipment Purchases: Report

Vodafone Idea (Vi) has begun initial talks with banks and international vendors to procure 4G and 5G network equipment using letters of credit (LCs) instead of full upfront payments, leveraging the government's debt-to-equity conversion as support. The Indian government recently decided to convert Rs 36,950 crore of Vi's outstanding spectrum auction dues into equity, under the provisions of the September 2021 telecom reforms package. Also Read: Vodafone Idea Begins Search... Read More

Tanay Singh Thakur April 7th, 2025 6:55 AM 2 COMMENTS

Vodafone Idea to Launch 5G in Four Circles this Month

Vodafone Idea (Vi) announced the launch of its 5G in March. The telco first launched the 5G service in the Mumbai circle. In April 2025, the telco has confirmed that it will launch 5G in more circles. According to the website of the company, the 5G launch will happen in more circles including Bihar, Delhi, Karnataka, and Punjab. This will make it a total of five circles where Vi's 5G... Read More

Tanuja K April 6th, 2025 6:37 AM 0 COMMENTS

Vodafone Idea has Fresh Conversations with Banks for LCs: Report

Vodafone Idea Limited (VIL), an Indian telecom operator, has started fresh conversations with the banks. These conversations are focused on being able to secure letter of credits (LCs). These LCs will help the telco in getting more equipment from the vendors. Vi is in the processing of scaling up its capex (capital expenditure) to aggressively roll out 4G and 5G throughout India. However, the company needs to get equipment/gear from... Read More

Kripa B April 2nd, 2025 10:47 PM 7 COMMENTS

Vodafone Idea Begins Search for a New CEO: Report

Vodafone Idea Limited (VIL), India's third-largest telecom operator, has begun the search for a new chief executive officer (CEO) as incumbent Akshaya Moondra's tenure concludes in August, LiveMint reported, citing two senior industry executives aware of the development. Also Read: Indian Government to Raise Stake in Vodafone Idea to 48.99 Percent Vodafone Idea Begins Search for New CEO The company, which recently secured a second financial lifeline from the government,... Read More

Kripa B April 2nd, 2025 1:52 PM 0 COMMENTS

Banks Wary of Lending to Vodafone Idea Despite Government’s Equity Boost: Report

Vodafone Idea (Vi) said the Indian government's decision to convert part of its dues into equity bolsters the prospects of securing bank credit to the tune of Rs 25,000 crore, as the company seeks to expand and upgrade its telecom network. However, bankers said the move might not be sufficient assurance for them to lend to the troubled company, ET Telecom reported. Also Read: Indian Government to Raise Stake in Vodafone... Read More

Kripa B April 2nd, 2025 2:08 AM 12 COMMENTS

Airtel, Reliance Jio, and Vodafone Idea Network Coverage Maps Go Live for Users

Indian telecom operators Bharti Airtel, Reliance Jio, and Vodafone Idea make their network coverage maps available to users on their respective websites. This follows a directive from the Telecom Regulatory Authority of India (TRAI), which requires mobile carriers to display geospatial coverage maps on their websites, showing the geographical areas where they provide wireless voice and broadband services. Also Read: TRAI Directs Telecom Providers to Display Coverage Maps on Websites... Read More

Tanuja K April 1st, 2025 11:56 AM 7 COMMENTS

Vodafone Idea Shares Skyrocket More than 18% on Tuesday Morning

Vodafone Idea Limited (VIL)'s stock price shot up by 18% on Tuesday morning. The price of Vi's shares at the time of writing this is Rs 8.09, up 18.97% to be precise. This is a great start for Vodafone Idea in FY26 in the stock market. Indian government has agreed to covert AGR (adjusted gross revenue) dues worth Rs 36,940 crore into equity for itself in Vodafone Idea. This is... Read More

Kripa B March 31st, 2025 8:39 PM 0 COMMENTS

IPL 2025: Vodafone Idea Offers Free 3-Month JioHotstar Subscription for New Vi Customers

Vodafone Idea (Vi) has launched special cricket data packs and plans bundled with a JioHotstar subscription benefit ahead of the Indian Premier League (IPL) 2025 season. Previously, there was no information about this benefit for customers who newly joined Vodafone Idea with their first recharge. However, Vodafone Idea is also offering JioHotstar mobile subscription benefit for new Vi customers. Check out the benefits and details. Also Read: What’s Driving Airtel,... Read More

Kripa B March 31st, 2025 6:27 PM 0 COMMENTS

Vodafone Idea Ongoing 5G Launch Should Improve Sentiment; Govt Equity Conversion a Big Positive: Citi

The government's decision to convert Rs 36,950 crore dues of Vodafone Idea's (VIL) into equity is a big positive, Citi said on Monday. While this move will increase the government's shareholding in VIL from 22.6 percent to 49 percent, operational control will remain with the promoters. "We view this as a major display of support by the government in a very timely manner, which should provide significant cash flow relief... Read More

Kripa B March 31st, 2025 1:46 PM 0 COMMENTS

Nokia to Upgrade Vodafone Idea’s Optical Transport Network for Enhanced 4G and 5G Rollout

Nokia today announced that it will upgrade and expand Vodafone Idea Limited's (VIL) optical transport network across key metro and regional locations in India. The upgrade will enhance 4G capacity, modernise the network with greater flexibility and efficiency, and boost VIL's 5G rollout using Nokia's optical networking solutions, the company said in a statement on Monday, March 31. Also Read: Monetising 4G and 5G: Key Takeaways to Date and What’s... Read More

Tanay Singh Thakur March 31st, 2025 12:14 PM 1 COMMENTS

Will Govt Now Control Vodafone Idea and its Actions, What we Know

Vodafone Idea (Vi) announced on Sunday night that the government is converting Rs 36,940 crore of its outstanding spectrum dues into equity. The shares will be purchased by the government at Rs 10 each. Vi will issue a total of 3,695 crore equity shares to the government. This will take the government's shareholding in the telco from the current 22.60% to 48.99%. Vi has clarified that the "promoters will continue... Read More

Kripa B March 30th, 2025 8:18 PM 57 COMMENTS

Indian Government to Raise Stake in Vodafone Idea to 48.99 Percent

The Indian government is set to increase its stake in Vodafone Idea Limited (Vi) to approximately 48.99 percent after converting outstanding spectrum auction dues into equity shares. The telecom company disclosed the development today, aligning with the sectoral relief package introduced in September 2021. Also Read: Vodafone Idea Faces Fresh Setback as DOT Puts Spectrum Surrender Plan on Hold: Report Government's Stake in Vi Set to Rise In an order... Read More