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Vodafone Idea allocates Rs 615 crore worth of equity shares to Nokia and Ericsson

In Short:Vodafone Idea (Vi) in Kolkata has approved issuing equity shares to Nokia and Ericsson, aggregating Rs 615 crore, to clear pending dues. Vi's...

Nokia India’s net sales drop by 68% in 2Q24 due to reduced 5G capex by Jio and Airtel

In Short:Finnish company Nokia reported a 68% drop in net sales in India in Q2 2024 compared to last year, with a significant impact...

Vodafone Idea’s enhanced network quality could impact Jio and Airtel: S&P

In Short:Vodafone Idea in India is improving its network quality with recent funding, which may slow down subscriber growth for rivals Jio and Airtel....

Business Finland highlights potential for funding telecom and tech research in India

In Short:Finland is keen on funding telecom and technology startups and companies in India, particularly for research and development in 6G technology. Business Finland,...

Nokia focuses on boosting 5G adoption in India, eyes 6G investment: Harri Holma

In Short:Nokia to speed up 5G monetization for Indian operators Reliance Jio and Bharti Airtel by leveraging global learnings. Investing in India's 6G research...

Anger mounts at one-time gear supply waiver for homegrown companies

In Short:The domestic telecom industry is upset about the one-time exemption given by NCSC to import telecom gear in urgent situations. This is seen...

Vodafone Idea confident of operational creditors’ support amidst payment delays

In Short:Vodafone Idea is confident that its operational creditors like Nokia and Ericsson will continue to support them despite delays in payments. Vi's upcoming...

Vodafone Idea considers offering more shares to vendors to settle dues

In Short:Vodafone Idea plans to offer more shares to Nokia and Ericsson to clear dues. They plan to raise Rs 2,458 crore through a...

Implications of settling vendor dues with equity for companies

In Short:Vodafone Idea board approved to give shares to vendors like Nokia and Ericsson worth Rs 2,458 crore to clear dues. Vi's share price...

HMD Skyline Leak Reveals Nokia Lumia 920-Inspired Design; Price and Features Released with HMD Atlas

In Short:HMD introduced its self-branded Pulse series of smartphones in April, with more handsets expected later this year. Leaks reveal design, features, and pricing...

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