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Vodafone Idea news

Vodafone Idea’s fundraising prospects hinged on new government’s arrival

In Short:Vodafone Idea's fundraising put on hold till new government provides clarity on conversion of statutory dues into equity. Vi aims to raise up...

Vodafone Idea FYQ4 net loss widens, ARPU rises to Rs146

In Short:Vodafone Idea reported a widened net loss for the fiscal fourth quarter, but also raised funds through equity and is in discussions with...

VIL shareholders approve plan to raise authorised share capital to Rs 1 lakh crore

In Short:Debt-laden telco Vodafone Idea's shareholders agreed to raise its authorized share capital to Rs 1 lakh crore and issue equity shares to Oriana...

Is this the dawn of a new era in telecom?

In Short:Vodafone Idea has secured financing to stay competitive in the Indian telecom market. The funding will help clear debt and invest in 5G...

ATC Telecom Infrastructure sells entire stake in Vodafone Idea for Rs 1,840 cr

In Short:ATC Telecom Infrastructure has sold its 2.87% stake in Vodafone Idea for Rs 1,840 crore. The shares were sold at an average price...

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...

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 board approves Rs 2075 cr funding from Aditya Birla Group via preferential issue

In Short:Vodafone Idea will raise Rs 2075 crore from Aditya Birla Group to help with financial issues. This is part of a larger plan...

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