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Vodafone Idea faces uphill battle in telecom industry

In Short:Vodafone Idea struggles in India's telecom sector due to lack of 4G services, subscriber decline, and high debt levels. The company plans to...

Loss of Rs 1,000 crore annually in tax collection from top OTT players

In Short:The government is losing around Rs 800 crore every year due to a lack of regulations on large traffic generators or over-the-top biggies,...

Sunil Mittal in the News – Telecom Updates

In Short:Bharti Enterprises chairman Sunil Mittal stated that having three private telecom companies is best for India. Vodafone Idea (Vi) received financial support to...

Government considers selling 15% Bharti Hexacom stake in parts to earn special dividend

In Short:Bharti Hexacom's IPO fetched Rs 4,275 crore from 15% stake sale of TCIL. Investors showed confidence in telecom sector's growth story. Ministry's strategy...

Airtel Lanka and Axiata’s Dialog to Merge in Sri Lanka

In Short:Bharti Airtel has signed an agreement to merge its operations in Sri Lanka with Axiata group and Dialog. Dialog will acquire 100% of...

CEO Akshaya Moondra: FPO funds to cover Vodafone Idea’s capex for 3 years

In Short:The Vodafone Idea (Vi) follow-on public offer (FPO) received strong support from investors, raising funds to meet capital expenditure needs for 3 years...

Vodafone Idea secures Rs 5,400 crore from 60 anchor investors

In Short:Vodafone Idea (Vi) raised Rs 5,400 crore from anchor investors, with foreign institutions like GQG Partners, UBS, and domestic mutual funds subscribing to...

Ericsson reports 38% drop in net sales for Q1 2024 in SE Asia, Oceania, and India

In Short:Ericsson, a company in Sweden, reported a 38% decrease in sales in South East Asia, Oceania, and India. India is the second-largest market...

Wi-Fi 7 and 5G present significant IoT potential for low-cost rural connectivity: Qualcomm

In Short:Qualcomm is focusing on Wi-Fi 7 and 5G technology, aiming to provide inexpensive connectivity in rural India through IoT. The new technology has...

Analysts say Indus Towers may benefit from Vodafone Idea’s investment

In Short:Indus Towers could see an 8% growth in operating income from FY24-27 if Vodafone Idea (Vi) successfully raises Rs 45,000 crore as planned....

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