Vodafone Idea
Jio Surpasses Airtel in 4G/5G User Additions for April | Telecom Subscription Data as on 30 Apr 2024
Reliance Jio continued to outpace rivals Bharti Airtel and Vodafone Idea in active wireless subscribers and high-paying 4G/5G users, according to telecom regulator data for April. Reliance Jio added 3.06 million active subscribers, while Bharti Airtel and Vodafone Idea lost 2.09 million and 0.63 million active subscribers, respectively, as per the data released by the […]
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Vodafone Idea Dues to Indus Towers: Vodafone to Sell 10% Stake to Repay Debt
Vodafone Group plans to sell about 10% of its stake in Indus Towers for up to $1.1 billion as part of the British firm’s efforts to repay its debt. Vodafone will sell roughly 268 million shares in Indus Towers through stock market block deals in Mumbai, priced between 310 rupees ($5.02) and 341 rupees per […]
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Vodafone Idea Dues to Indus Towers, Will Sell Entire Indus Towers Stake
According to sources familiar with the matter, reported on June 14 that Vodafone Group is considering selling its entire $2.3 billion stake in Indus Towers, a mobile-tower operator, through block deals next week. Vodafone holds a 21.5% stake in Indus Towers through various group entities. The report indicated that the final transaction size might be […]
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Vodafone Idea Required to Settle Dues with Indus Towers for New Services: Report
Vodafone Idea (Vi), the country’s third-largest telecom operator, must clear its outstanding dues with Indus Towers to roll out new services. Vi plans to launch 5G soon, leveraging Indus Towers’ infrastructure. Recently, Vi raised funds through equity, improving its ability to settle these debts. According to an ET report, Sunil Bharti Mittal, Chairman of Bharti […]
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Telcos Tariff Hike is Crucial to Maintain RoCE
Indian telecom companies are looking to implement tariff hikes to maintain their Return on Capital Employed (RoCE) amidst rising operational expenses (OpEx) and customer acquisition costs. In FY23, sales and marketing expenses as a percentage of revenue increased by 11% for Vodafone Idea (Vi), 5.4% for Bharti Airtel, and 2% for Reliance Jio. However, they […]
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What’s Next in Vodafone Idea Fundraising
Vodafone Idea’s funding efforts are closely associated with the election results. Recently, VI raised around Rs 20,000 crore through a follow-on public offer (FPO) and a promoter entity. The company plans to secure an additional Rs 35,000 crore through loans, but it is gaining clarity on investors and lenders whether the government will convert a […]
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Focus on BSNL 4G & Vodafone Idea 5G Rollout Launch in India
Vodafone Idea (Vi) and Bharat Sanchar Nigam Limited (BSNL) frequently make headlines as they continue to lose customers to Reliance Jio and Bharti Airtel. To counter this trend, Vi needs to increase its capital expenditure, expand its 4G network, and launch 5G services as soon as possible. BSNL, meanwhile, is still in the process of […]
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Vodafone Idea eSIM Service Now Available in Haryana & Punjab
Vi has expanded its eSIM services to prepaid customers in Haryana and Punjab. Now, all Vi customers, both postpaid and prepaid, can enjoy the eSIM feature on their primary devices, compatible with both iOS and Android. Deepak Rao, Cluster Business Head for Punjab, HP & J&K at Vodafone Idea, stated, “At Vi, we believe in […]
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Network Quality is a Big Concern for Government
Indian telecom operators are currently providing subpar services, raising concerns within the government. As a result, the central government is considering revisiting the Quality of Services (QoS) parameters that telcos must adhere to. Major operators like Reliance Jio, Vodafone Idea, and Bharti Airtel argue that the existing rules are sufficient and see no need for […]
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Vodafone Idea 5G Launch Likely on FY 26
Vodafone Idea (Vi) is aiming to become 5G-ready by the end of the next financial year (FY26) and intends to expand its customer base through upselling premium plans, as per insights from Nuvama Institutional Equities following a meeting with the telecom company’s leadership. While Vi is progressing towards stability, it remains cautiously optimistic about its […]
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