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Vodafone Idea

Industry Updates

Citigroup sells Vodafone Idea shares worth Rs 233 crore

ITN Media -
In Short:Citigroup sold shares of Vodafone Idea for over Rs 233 crore through an open market transaction. Citigroup Global Markets Mauritius Pvt Ltd disposed...
Industry Updates

Analysts anticipate Vodafone Idea to settle all vendor dues by FY26

ITN Media -
In Short:Vodafone Idea (Vi) plans to clear vendor dues in next fiscal year, boost ARPU through tariff hikes after elections. Need capital infusion, liabilities...
Industry Updates

Jio, Airtel, Vodafone Idea all set to join Rs 96,317 cr spectrum auction

ITN Media -
In Short:Telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea have applied to bid for a Rs 96,317-crore spectrum auction starting from June 6....
Industry Updates

Enterprises driving growth in telcos’ voice channel revenue

ITN Media -
In Short:The use of voice calling for enterprise services is increasing in India despite the decline in personal voice calls due to bundled packs....
Industry Updates

Jio surpasses Airtel in March user adds; Vodafone Idea loses ground: Trai

ITN Media -
In Short:Reliance Jio beats Airtel and Vi in new subscriber additions in March 2024 according to Trai data. Jio now world's largest mobile operator...
Industry Updates

Vodafone Idea plans to secure Rs 15,000 cr loans in 2 years

ITN Media -
In Short:Vodafone Idea Ltd. is seeking loans of 150 billion rupees ($1.8 billion) in the next two years to help improve its operations. They...
Industry Updates

Vodafone Idea discusses INR 15,000 crore loan with SBI, PNB, BOB, and private lenders: Report

ITN Media -
In Short:Vodafone Idea is negotiating with lenders to secure loans of $1.80 billion over two years. They have contacted SBI, Bank of Baroda, and...
Industry Updates

Indus Towers seeks to recover Rs 60 cr owed by Vodafone Idea in Q4

ITN Media -
In Short:Indus Towers received Rs 360 crore from Vodafone Idea towards old dues, but its trade receivables increased by Rs 430 crore. Despite part-clearance...
Industry Updates

Indus confident of recovering dues from Vodafone Idea, expects cash flow improvement by FY25

ITN Media -
In Short:Indus Towers expects cash flow to improve in FY25 as Vi clears past dues. Vi raised Rs 18,000 crore through FPO, but timing...
Industry Updates

Indus Towers reports Rs 1,853 crore net profit in Q4FY24

ITN Media -
In Short:Indus Towers had a net profit of Rs 1,853 crore in the fourth quarter of the fiscal year ending March 2024, a 19%...
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