Idea
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Balesh Sharma steps down as CEO of Vodafone Idea; Ravinder Takkar to take over
Business | August 19, 2019 18:34 ISTRavinder Takkar, currently Vodafone Group’s representative in India, will be appointed as the new MD and CEO with immediate effect, the company said in a statement.
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Network integration key to Voda-Idea strength for June 2020 target
Business | August 09, 2019 12:44 ISTFor Vodafone-Idea, the recovery hinges on network integration, cash position say analysts and the telco is well placed to realize full OpEx synergy of Rs 8,400 crore by June 2020 says its management.
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Vodafone Idea shares crack over 29% after Q1 earnings
Business | July 29, 2019 14:58 ISTShares of Vodafone Idea Ltd on Monday cracked over 29 per cent after the company's first quarter revenue as well as subscriber base declined.
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Rs 3,050 crore penalty approved on Airtel, Vodafone Idea for not providing interconnection points to Reliance Jio
Business | July 24, 2019 18:22 ISTThe Digital Communications Commission, the telecom department's apex decision-making body, on Wednesday approved imposing cumulative penalty of Rs 3,050 crore on Bharti Airtel and Vodafone Idea for not providing points of interconnection to Reliance Jio.
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Govt okays Vodafone Idea's up to Rs 25,000 crore rights issue
Business | February 28, 2019 23:26 ISTThe CCEA has also approved to take on record the proposed changes in the indirect foreign investment in the subsidiaries of VIL that will take place on account of non-residents subscribing to the equity shares in the fund raise, an official statement said.
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Show cause notices to Idea, BSNL for not meeting TRAI's call drop norms in some service areas for September quarter
Business | February 14, 2019 9:02 ISTThe service providers have been issued show-cause notice to explain their position including reasons for non-compliance.
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Jio tops in 4G coverage while Airtel offers fastest data speed in July-December 2018
Technology | February 12, 2019 18:42 ISTTalking of speed, Airtel turned out to be the fastest mobile operator in India during the review period regardless of the customer in LTE or not.
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Vodafone Idea plans Rs 20K cr network investment over next 15 months
Business | February 10, 2019 13:57 ISTThe promoter shareholders have also said that in case the rights issue is under-subscribed, each of the promoter shareholders reserves the right to subscribe to part or whole of the unsubscribed portion.
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Vodafone chief meets telecom secy, seeks relief for Indian arm Vodafone-Idea
Business | January 29, 2019 21:58 ISTVodafone Idea, along with Bharti Airtel, has requested the government to defer spectrum payment instalments with a two-year moratorium given the losses that these players are facing.
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Vodafone Idea to pare 16,000 distributors, 2,000 branded stores this fiscal
Business | November 24, 2018 8:27 ISTThe company plans to reduce the number of its distributors from around 43,000 to 27,000 by December.
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Idea Cellular completes merger with Vodafone India, all set to become largest telecom operator in country
Business | August 31, 2018 12:41 ISTThe combination will have all India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
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Idea Cellular hopes to improve services with Nokia's Cloud tech
Technology | August 16, 2018 23:38 IST"As India prepares to define its path to 5G, we at Idea are building the foundation by adding Nokia's cloud core capabilities,'' said Anil Tandan, Chief Technology Officer at Idea.
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Vodafone-Idea merger gets final nod from govt, new entity to become India's largest mobile operator
Business | July 26, 2018 16:53 ISTThe move comes just days after Idea Cellular and Vodafone India made a joint payment of Rs 7,268.78 crore 'under protest' to the Department of Telecom (DoT) for merging their mobile business.
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Government clears Idea-Vodafone merger with conditions
Business | July 10, 2018 9:46 ISTThe merger is set to create the country’s largest mobile services operator. The combined debt of both the companies is estimated to be around Rs 1.15 lakh crore.
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All that you need to know about Idea-Vodafone merger
Business | June 03, 2018 9:50 ISTEarlier on Friday, the Aditya Birla group firm said that the new entity born out of the Idea-Vodafone merger is proposed to be named Vodafone Idea.
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Over 5,000 Vodafone, Idea employees may lose jobs after merger: Report
Business | April 16, 2018 15:21 ISTQuoting a top official close to the development, the report said that both Vodafone and Idea do not want the new operations to start under pressure of excess manpower.
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Idea was to get everything or lose everything: Star CEO Uday Shankar on bagging IPL media rights
Cricket | September 04, 2017 21:09 ISTFor India broadcast bid, Sony's singular bid was Rs 11,050 to Star's Rs 6196 crore.
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Stage set for telecom behemoth, Vodafone-Idea merger gets unconditional CCI nod
July 25, 2017 13:06 ISTA statement by Shardul Amarchand Mangaldas, Vodafone's advisors for the deal, said the regulator carried out a comprehensive review of the transaction and concluded that there was no appreciable adverse effect on competition from the proposed merger
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Six telcos understated revenues by over Rs 61,000 cr: CAG
July 21, 2017 20:55 ISTCAG calculated that Airtel owes to the government Rs 2,602.24 crore in licence fee and spectrum usage charge (SUC) for 2010-11 to 2014-15. It owes another Rs 1,245.91 crore in interest.
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Hit hard by entry of Jio, bad run for telcos to continue into Q4: experts
February 20, 2017 13:02 ISTHit hard by the entry of Mukesh Ambani’s Reliance Jio, major telecom operators in India - Bharti Airtel, Idea Cellular and Reliance Communications – are likely to see their balance sheets under pressure in the fourth quarter of the current fiscal as
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