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AKSHAYA MOONDRA STATEMENT
Vodafone Idea shares surge 10% as govt tells SC ‘some solution is required’ in AGR caseVodafone Idea's shares surged as the Supreme Court deferred the hearing on the DoT's Rs 9,450 crore AGR dues demand. The financially strain...- Vodafone Idea shares jump 2% as telco explores non-banking funding for capex continuityVodafone Idea's outgoing CEO, Akshaya Moondra, said the telco is exploring non-banking funding options to maintain its capex plans. Banks a...
- Govt can give AGR relief if it wants to: Vodafone Idea CEOVodafone Idea's CEO, Akshaya Moondra, believes the Supreme Court's observations open the door for government AGR relief. Securing bank fund...
- Vodafone Idea allots shares worth Rs 36,950 crore to the govt, stake in company increases to 48.99 pcVodafone Idea has allotted 3,695 crore shares to the government for Rs 36,950 crore, increasing the government's stake to 48.99%. This move...
- Government stake in Vodafone Idea to increase to 48.99 pc with fresh acquisition of shares worth Rs 36,950 crVodafone Idea announced that the government's stake in the company will rise to 48.99% following the acquisition of shares worth Rs 36,950 ...
- Voda Idea starts 5G trials in MumbaiVodafone Idea (Vi) has initiated trials for its 5G services in Mumbai, with plans for a commercial launch around Holi in March. Selected us...
- Indian telcos aim for 10% share in 6G patents in next 3 yearsIndian telecom companies aimed for 10% of 6G patents and substantial global standards contributions within three years, aligning research t...
- Voda Idea says it’s in talks with Ericsson and other network vendors for buying 5G gear, shares jump 12% on BSEEarlier this week, Ericsson India MD Nitin Bansal had told ET that the Swedish gear maker is hopeful of getting some 4G/5G deals from Vi so...
- Signalling clarity on payment approach: Vi may give government more equity to clear its billsVodafone Idea (Vi) CEO Akshaya Moondra discussed the telco's strategy to address government dues, including further conversions into equity...
- Telecom Bill 2023 progressive, forward-looking, brings predictability: Industry captainsThe new telecom Bill introduced in the Lok Sabha has been praised by industry leaders, including Bharti Airtel MD and CEO Gopal Vittal and ...
- Telecom Bill 2023, a watershed moment in reforms process: Vi CEO MoondraVodafone Idea CEO Akshaya Moondra has welcomed the rationalisation of penalties and legal enforceability of right of way (RoW) provisions i...
- Vi's Q2 net loss widens to Rs 8,738 croreVodafone Idea, a joint venture between UK's Vodafone Group Plc and India's Aditya Birla Group (ABG), saw average revenue per user (ARPU), a...
- 5G rolled out in all circles: AirtelAirtel said its 5G services are now available in over 3,500 cities and towns in India, surpassing the 10 million unique customer mark natio...
- Vi launches 2 unlimited data packs to stem user churnTargeted towards users such as college/hostel students and early jobbers who may not have access to broadband services but require high spe...
- Vodafone Idea shares climb nearly 3% as Q4 loss narrowsVIL recorded the first ever annual growth in revenue from operations post merger. The company's consolidated revenue from operations grew 9...
- Vi's loss narrows QoQ as interest, finance costs dipVIL's average revenue per user (ARPU), an important performance metric for telcos, was flat sequentially at ₹135, in the absence of any tar...
- Ravinder Takkar to replace Himanshu Kapania as Vodafone Idea's chairman“The board unanimously elected Ravinder Takkar, as chairman of VIL board, effective August 19, 2022…it (also) accepted the request of Himan...
- Akshaya Moondra to replace Ravinder Takkar as new Vodafone Idea CEO next monthMoondra will be cash-strapped Vodafone Idea’s third CEO since the merger of Vodafone India and Idea Cellular in August 2018, which created ...
- Export Development Canada lends $215 million to IdeaIdea Cellular will use the financing to help diversify its funding sources and enhance the maturity profile of its long- term debt.
- Idea Cellular Q3 net profit rises 14%Idea Cellular Q3 net profit rose less than expected 14% as higher network running costs, diesel prices and advertising spend squeezed margi...
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