UK's Vodafone sells 3% Indus stake in multiple block deals for Rs 2,801.7 crore; Morgan Stanley, BoFA, Blackstone, Kotak MF among buyersVodafone sold its final 3% stake in Indus Towers for Rs 2,801.7 crore. Multiple global investors purchased the shares. Vodafone will use so...
07 Dec, 2024, 08.27 AM IST
Vodafone Idea may find it tough to raise tariffs after polls, say analystsVodafone Idea faces challenges in increasing ARPU through tariff hikes post-election, as price-sensitive customers resist. 42% of Vi users ...
28 May, 2024, 06.11 PM IST
Three pvt telecom operators ideal for India: Sunil MittalA market with three private telecom companies is optimal for India, Bharti Enterprises chairman Sunil Mittal said on Thursday as debt-laden...
19 Apr, 2024, 12.50 AM IST
Telcos set to post sequential mobile revenue growth in Q2: AnalystsThe focus, it said, would be on the timing of tariff hikes and Airtel's response to Jio Bharat (Jio's low-cost internet-enabled feature pho...
07 Oct, 2023, 09.12 AM IST
Govt becomes single largest shareholder in VI with 33.44%The board, at its meeting today, approved allotment of 16,133,184,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 ...
07 Feb, 2023, 09.31 PM IST
Govt decision to convert Vi's interest on dues to equity to keep telco away from NCLT: AnalystsHowever, the loss-making Vi is likely to face an annual shortfall of about Rs 24,700 crore ($3 billion) in free cash flows (FCF) from 2026-...
06 Feb, 2023, 08.40 PM IST
Airtel shares plunge over 5% on BSE after Bofa downgradeThe global brokerage added that for Airtel to defend its market share it would have to increase its capex and match Reliance Jio’s in order...
11 Jan, 2023, 01.59 PM IST
Vodafone Idea positive on 5G sans pricey 700 MHz bandIt believes the telco’s 3.3 GHz holdings in its priority circles are good enough to provide a quality 5G experience for several years, anal...
06 Aug, 2022, 12.23 AM IST
BofA Securities downgrades Airtel to `neutral' on near-term headwindsThe global brokerage added that rising inflation and weaker rural sentiment would also make it difficult for telcos to push through another...
28 Apr, 2022, 06.53 PM IST
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...
24 Feb, 2022, 12.44 PM IST
Telcos to see better Q3 ARPU, revenue on November tariff hikesICICI Securities, in turn, estimates Airtel to report the highest ARPU jump among the three private carriers, at 6.6% on-quarter to ₹164, w...
07 Jan, 2022, 07.32 AM IST
Telco stocks rise a day after govt okays 4-year moratorium on AGR, spectrum duesShares of Vodafone Idea (Vi), which needed immediate relief from the government to survive and avoid bankruptcy, jumped almost 10 % in earl...
16 Sep, 2021, 09.42 AM IST
Vodafone Idea dials pension funds to raise $1 billion“Vodafone Idea has reached out to the Government Pension Fund Global in Norway and Canada Pension Plan Investment Board (CPPIB), Caisse de ...
23 Apr, 2021, 11.47 AM IST
Covid may hit telcos’ user gains in June quarter, delay tariff hikesAnalysts expect Bharti Airtel and Reliance Jio to offset any potential slowdown in subscriber additions by garnering higher data revenue an...
09 Apr, 2021, 09.42 AM IST
Zero-IUC to drag telcos' mobile revenues in Q4: AnalystsBNP Paribas estimates the elimination of IUC revenues to trigger 10% and 5% sequential declines in Vi and Airtel’s India mobile revenues re...
07 Apr, 2021, 07.40 AM IST
Jio puts in EMD of Rs 10,000 cr, Airtel & Voda Idea put Rs 3000 cr, Rs 475 cr each for spectrum auctionThe deposits are part of the applications that the three telcos have filed to participate in the spectrum auction starting March 1. The qua...
18 Feb, 2021, 09.41 PM IST
Reliance Jio, Bharti Airtel & Vodafone Idea apply to bid in spectrum auctionsThe auction for over 2300 MHz of airwaves - valued at Ras3.92 lakh crore at base price - is likely to see limited bidding intensity for spe...
09 Feb, 2021, 08.24 PM IST