Idea
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Ind-Ra downgrades Vodafone-Idea Rs 3,500 cr NCD
Business | January 24, 2020 21:47 ISTVodafone Idea AGR dues as estimated by the Department of Telecom stands at a cumulative Rs 53,038 crore, including Rs 24,729 crore of SUC dues and Rs 28,309 crore in the licence fee.
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No coercive action on defaulting Airtel, Voda-Idea; Govt says non-telcos not liable
Business | January 23, 2020 20:20 ISTOn a day when the Supreme Court-mandated deadline for Bharti Airtel and Vodafone Idea to pay Rs 88,624 crore in past dues ended, the Department of Telecommunications (DoT) on Thursday decided not to take coercive action against defaulters during pendency of their appeals seeking relaxation in the apex court's order.
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SC rejects Airtel, Vodafone Idea's plea to review AGR verdict
Business | January 16, 2020 17:44 ISTThe Supreme Court Thursday dismissed the plea of Telecom majors, including Bharti Airtel and Vodafone Idea, seeking review of certain directions of the Supreme Court on recovery of past dues amounting to Rs 1.47 lakh crore from telecom service providers.
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Vodafone Idea mobile customer base drops by 3.63 crore in November
Business | December 30, 2019 19:01 ISTVodafone Idea's mobile consumer base declined by around 3.63 crore to 33.63 crore in November, according to a source. The telecom operator had reported an increase of 1.89 lakh mobile customers on its network in October.
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Telcos penalised Rs 3.2 cr for call drop in 12 months; maximum on Vodafone Idea
Business | December 12, 2019 17:25 ISTAccording to the data shared, highest financial disincentive of Rs 1.76 crore has been imposed on Vodafone Idea, which includes Rs 1.11 crore on account of call drop in Vodafone network and Rs 65 lakh on Idea, while minimum penalty of Rs 6.5 lakh was levied on Reliance Jio.
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Vodafone-Idea shares gain over 8% amid asset sale plan
Business | December 11, 2019 12:46 ISTVodafone Idea may raise over USD 2.5 billion from asset sales ahead of a January deadline to pay statutory dues. The company is said to be in talks to sell its optic fibre business to Brookfield Asset Management Inc and its datacentre to the Edelweiss Group.
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Airtel, Vodafone Idea ditch FUP limits to offer unlimited voice calls to other networks
Technology | December 07, 2019 19:05 ISTAirtel and Vodafone Idea have brought back unlimited voice calling to other networks.
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Explained: Why Vodafone-Idea may shut down soon
Fyi | December 06, 2019 17:27 ISTVodafone-Idea may shut down soon. It is not a speculation. Vodafone Idea Limited Chairman Kumar Mangalam Birla has himself admitted to the plunging fortunes of the company. Birla on Friday said Vodafone Idea Ltd would shut down if the government does not provide relief on the liability it faces in past statutory dues following a Supreme Court order.
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Airtel, Jio, Vodafone tariffs revised: What is FUP? How to manage calls, save data now
Technology | December 07, 2019 10:19 ISTAirtel, Jio, Vodafone plans revised: Here's how you can manage your FUP limits and save 4G data
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Telecom stocks surge after tariff hike announcements
Business | December 02, 2019 11:01 ISTShares of Vodafone Idea were trading at Rs 8.38, up 22.69 per cent, on the BSE. The stock rose 22.63 per cent to Rs 8.40 on the NSE.
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Attention Jio, Vodafone Idea, Airtel users! Escape call, internet tariff hike by doing this
Business | December 02, 2019 14:01 ISTThe telecom operators like Reliance Jio, Vodafone-Idea, Airtel and BSNL are all set to hike mobile call, internet charges for over 60 crore mobile subscribers in India. The mobile tariffs are likely to go up from December 1, while Vodafone is to hike charges from December 3, 2019 for monthly prepaid and postpaid customers. Recently, the telecom companies made the announcement that has left thousands of subscribers jittery.
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Vodafone-Idea to hike mobile call, data charges from December 3
Business | December 01, 2019 15:16 ISTTelecom operator Vodafone Idea on Sunday announced a hike in mobile calls and data charges from December 3. The company has announced new plans for prepaid product and services with 2 days, 28 days, 84 days, 365 days validity. A rough calculation showed that the new plans are costlier up to 42% compared to earlier plans.
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Vodafone Idea, Bharti Airtel tumble on reports CoS on telecom bailout package disbanded
Business | November 26, 2019 18:55 ISTThe Committee of Secretaries was last month constituted to examine "all aspects" of "financial stress" faced by service providers such as Bharti Airtel and Vodafone-Idea Ltd and suggest measures to mitigate them.
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Vodafone Idea's stellar show at bourses may pause
Business | November 24, 2019 14:34 ISTDespite a relief by the government in the form of a two-year moratorium on spectrum-related dues which is tantamount to Rs 42,000 crore financial support to the stressed sector, Crisil on Friday (after market hours), downgraded Vodafone Idea's rating on Non-Convertible Debentures of Rs 3,500 crore.
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Airtel, Vodafone Idea move Supreme Court for waiving AGR penalties
Business | November 22, 2019 20:45 ISTThe country's two top telecom operators - Vodafone Idea and Airtel - on Friday filed review petitions in the Supreme Court against its AGR verdict, just ahead of the 30-day time period expiring Saturday since the court's order dealt a financial body blow to the already battered industry neck deep in debts and losses.
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No proposal to waive off interest/penalty on Telcos dues: Ravishankar Prasad
Business | November 20, 2019 17:24 ISTTo a question on penalty imposed on telecom companies, Prasad said the outstanding SUC (spectrum usage charges) dues of various telecom service providers as on October 31, 2019, added to Rs 55,054 crore.
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Voda Idea, Airtel lose over 49 lakh users in Sep; Jio and BSNL gain: TRAI
Business | November 19, 2019 19:42 ISTAs per the data, Bharti Airtel lost 23.8 lakh users in September to take its total user base to 32.55 crore. Similarly, Vodafone Idea lost 25.7 lakh users in the month to take its total user base to 37.24 crore.
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Vodafone Idea, Bharti Airtel shares zoom up to 30 per cent
Business | November 19, 2019 12:42 ISTFaced with intense competition and unprecedented statutory dues, Bharti Airtel and Vodafone Idea on Monday announced a hike in mobile phone call and data charges from December saying the increase was warranted for viability of their business.
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Your mobile bills set to go up as Voda-Idea, Airtel announce tariff hike
Business | November 18, 2019 22:05 ISTCome December and your mobile bills will be on the rise -- if you are a Vodafone-Idea or Airtel user. Both the companies on Monday announced a hike in mobile phone call and data charges from December, courtesy -- intense competition and unprecedented statutory dues.
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Vodafone Idea to increase mobile service rates from December 1 citing 'acute financial stress'
India | November 18, 2019 19:20 ISTVodafone Idea on Monday announced it will increase mobile service rates from December 1 in the wake of ongoing financial stress. The debt-ridden company, however, did not disclose the range or details of the proposed tariff hike.
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