Tag: Vodafone

Vodafone exits Indus Towers; sells shares worth ₹2,800 crore; clears ₹890 crore dues

January 10, 2025 admin

Vodafone held 3% stake through its indirect wholly-owned subsidiaries Omega Telecom Holdings Private Limited and Usha Martin Telematics Limited. File | Photo Credit: Reuters “British telecom firm Vodafone has sold its entire stake in Indus Towers for ₹2,800 crore,” the telecom infrastructure firm said on Friday (January 10, 2025.) “Vodafone has sold 7.92 crore or…

Business

Reliance Jio, Vodafone, Bharti Airtel, and BSNL heads discuss AGR, OTP apps exclusion from licensing rules with Union Minister Scindia: Sources

September 25, 2024 admin

After telecom operators, Scindia met telecom equipment makers including Dixon Technologies, Nokia, Ericsson, Sterlite Technologies and VVDN [File] | Photo Credit: REUTERS Telecom operators in a meeting with Union Minister Jyotiraditya Scindia expressed concerns over regulator Trai excluding messaging and calling apps like WhatsApp and Telegram in its recommendation on new licensing rules, sources aware…

Business

Spectrum Auctions See Sale Worth Rs 11,340 Crore, Bharti Airtel Top Buyer

June 26, 2024 admin

Telecom Department sources said the figure was in line with, or even slightly above, expectations New Delhi: Telecom czar Sunil Bharti Mittal’s Airtel on Wednesday emerged as the biggest bidder for radio waves used to transmit mobile phone voice and data signals, cornering about 60 per cent of the Rs 11,341 crore worth of spectrum…

Nation