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VODA IDEA DEAL
Voda Idea issues 12,000 OCDs to ATC Telecom InfraOn Saturday, the shareholders approved the preferential issue of OCDs to ATC on Saturday, amounting to a fund raise of Rs 1,600 crore. This...- Vodafone UK can monetise only a small portion of Indus stake to fund Vi: Credit SuisseOn Wednesday, Vodafone Group Plc said it plans to sell 2.4% of its stake in Indus through a block deal on Thursday, and is also in talks wi...
- The week that was in 10 stocks: Realty, hotel in spotlight; steel stocks tankRealty stocks were in the spotlight last week, along with hotels and theatres. Analysts believe next week could belong to telecom, banks, I...
- Dismissal of plea on re-computation of AGR dues body blow for debt-laden VIL, say analystsThe Supreme Court on Friday dismissed the applications filed by telecom majors, including Vodafone Idea and Bharti Airtel, seeking rectific...
- First user gain in 15 months lifts Voda stock, but analysts cut price targets to Rs 5Analysts advise caution as they feel not everything is hunky dory for the beleaguered telecom service provider.
- Bharti Infratel may again extend deadline for Indus Towers dealInsiders said the companies have still not received the requisite foreign direct investment (FDI) approval for the deal from the Department...
- Can’t intervene to raise tariffs, Ravi Shankar Prasad tells Vodafone-IdeaTelecom minister Ravi Shankar Prasad has just told Voda-Idea to set its house in order by itself.
- Voda-Idea, IBM sign $700-800 million five-year IT outsourcing dealDeal to help telco achieve Rs 8,400-crore annual opex savings target by FY21.
- Voda Idea may miss deadline to finalise new IT dealsThe telco, which was created by the merger of Vodafone & Idea, finalised vendors for its wireless network in Nov and issued product orders ...
- Vodafone-Idea merger: DoT receives legal view on issue of raising demand for duesThe legal opinion had been sought by DoT (Department of Telecom) recently as some of the demands for arrears are sub judice.
- Idea shareholders okay Vodafone mergerVodafone India and Idea had agreed to merge operations to create the country's largest telecom operator worth more than $23 billion and wit...
- Tata Tele-Bharti deal a win-win for operators, 3 dominant players have emerged: Rajan Mathews, COAIThis deal is good for operators, consumers and employees, says Mathews
- Aditya Birla Group mixes services into its portfolioThe shareholders are currently voting to approve this amalgamation (voting ends first week of April). Grasim and Nuvo together hold 28% of ...
- Merger to give Vodafone, Idea edge in divesting Indus Towers stakesAs per the shareholders' pact, Airtel, Vodafone and Idea need to agree to any of their partners moves to sell down or exit the venture.
- Vodafone, Idea mega merger: The 7 must-readsHere's a thorough look at the mega merger between Vodafone India and Idea Cellular that will create a behemoth in the telecom industry.
- Voda-Idea deal likely to be positive for industry and consumers: ExpertsFormer-Bharti Airtel CEO Sanjay Kapoor said the merger is “unlikely to have much impact” on the competitive landscape in the short term.
- Vodafone-Idea merger will govern the future of Indian telecom & data: Sanjay Kapoor, Former CEO, Bharti AirtelWhat is noteworthy on this merger is that it very rarely happens across the globe that the number one player is pipped off its position, sa...
- Telenor deal to help Airtel battle Voda-Idea and Jio: Sanjay KapoorIndustry is consolidating big time and it is the two or three players, who are going to dominate the market going forward, says Kapoor.
- Vodafone-Idea merger: Telecom companies may call for easing spectrum capsIf India’s 2nd and 3rd-largest telcos do decide to merge, the resultant entity would need to surrender a significant amount of spectrum und...
- A Voda-Idea deal will ease competition in telecomAcross the board, shares surged: Idea Cellular rose as much as 29% to hit the day’s high of Rs 100.50 before closing at Rs 97.95, up 25.90%.
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