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Image used for representational purposes. File | Photo Credit: Reuters The Telecom Department has issued a notice to Vodafone Idea for payment of Rs 26.83 crore in liquidated damages, citing alleged default in minimum rollout obligations in respect of spectrum allocated under auctions of 2022, the telco said on Saturday. The company said it is…
Earlier this year, in a setback to telecom majors, including Bharti Airtel and Vodafone Idea, the Supreme Court had refused to review its 2021 order rejecting their pleas for rectification of alleged errors in calculation of AGR dues payable by them. File. | Photo Credit: Reuters The Supreme Court on Friday (September 19, 2025) agreed…
Vodafone Idea’s total subscriber base stood at 19.98 crore and 4G subscriber base at 12.6 crore. | Photo Credit: Reuters Vodafone Idea Ltd for the third quarter ended December 31, 2024 narrowed its net loss to ₹6,609 crore from net loss of ₹6,986 crore in the year ago period. The telecom company’s revenue from operations…
Read More “Vodafone Idea Q3 net loss narrows to Rs 6,609 crore” »
A man uses an umbrella as he walks past a Vodafone mobile phone store in Liverpool, Britain, October 8, 2024. | Photo Credit: Reuters U.K.-based Vodafone Group has cleared dues of around ₹11,650 crore or about 109 million pound that it raised against shares of Vodafone Idea, according to a regulatory filing. Vodafone Group had…
Read More “Vodafone Group clears about ₹11,650 crore dues to lenders raised against VIL shares” »
This decision builds on the 2021 Cabinet reforms, which waived the need for bank guarantees. (File) New Delhi: Hailing the government’s landmark decision to waive bank guarantees for telecom spectrum acquired before 2022, industry players on Tuesday said such supportive policy measures are instrumental in creating an enabling environment for technological innovation and boost digital…
Debt-laden telecom operator Vodafone Idea Ltd. has raised ₹18,000 crore. | Photo Credit: Reuters Telecom operator Vodafone Idea’s (VIL) board has fixed the follow-on public offering (FPO) offer price at ₹11 per equity share, according to a regulatory filing. The anchor investor offer price of ₹11 per equity share has also been greenlit by the…
Read More “Vodafone Idea approves offer price of ₹11 per equity share for ₹18,000 cr-FPO” »