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CASH STRAPPED TELCO
Vodafone Idea Rs 20,000-crore FPO likely to open next weekThe company is likely to file its red herring prospectus with the Registrar of Companies this week, with plans to launch its follow-on publ...11 Apr, 2024, 11.35 AM IST- Vodafone Idea's Rs 20,000 crore FPO likely to open next weekBrokerage CLSA said last month it has observed keen interest from foreign institutional investors in the UK on Vi's equity-raise plan.10 Apr, 2024, 01.41 PM IST
- Vodafone Idea board clears raising Rs 2075 cr from Aditya Birla Group via preferential issueOn Saturday, Vodafone Idea's board approved raising Rs 2,075 crore from an Aditya Birla Group entity through a preferential share issue, cr...06 Apr, 2024, 07.54 PM IST
- Vi board meets Saturday to discuss Rs 20,000 cr fundraiseVodafone Idea (Vi) plans to raise funds via a preferential share issue on April 6, following shareholders' approval of a proposal to raise ...04 Apr, 2024, 12.02 AM IST
- Vi shares rise 1% after telco's Q3FY24 net loss narrowsShares of Vodafone Idea were up 1.3% on Tuesday morning in early trade, a day after the telco narrowed its December quarter net loss to Rs ...30 Jan, 2024, 01.20 PM IST
- Vodafone Idea pays Rs 300 crore of old dues to Indus TowersPrior to the latest Rs 300 crore payment, Vi’s past dues to Indus were estimated upwards of Rs 10,000 crore as per industry estimates. Indu...24 Jan, 2024, 05.50 PM IST
- 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...26 May, 2023, 06.27 AM IST
- SEBI clears govt proposal to turn Vodafone Idea dues into equityLast year, India had approved a rescue package for debt-strapped telecom companies that allowed them to convert interest on deferred adjust...20 Oct, 2022, 03.40 PM IST
- Airtel won’t opt for equity conversion on interest in deferred payment“In furtherance to the earlier communication dated October 25, 2021 and in reference to the notification dated October 14, 2021 issued by t...07 Jan, 2022, 03.36 PM IST
- Voda Idea needs at least $1 billion in 6-9 months to repay debt, operate with limited capex: Credit SuisseThe operator is aggressively trying to raise funds and its promoters may also invest some money for the telco to improve its customer tract...15 Nov, 2021, 12.21 PM IST
- Voda Idea posts loss of Rs 7144 crore for Q2, ARPU up to Rs 109Quarterly revenue for the cash-strapped operator increased to Rs 9,406.4 crore in the July-September quarter from Rs 9,152.3 crore in the f...12 Nov, 2021, 11.33 PM IST
- Vi writes to telecom department, wants to defer payment of Q2-Q4 duesThe Department of Telecommunications (DoT) is yet to take a call on the written request, especially after all the relief measures that have...12 Nov, 2021, 09.53 AM IST
- AGR dues: Vodafone Idea accepts four-year spectrum payment moratorium, shares rise“Vi has opted for the four-year spectrum moratorium and also sought details of the status of its BGs. Whether it opts for AGR moratorium an...21 Oct, 2021, 06.45 AM IST
- Vodafone Idea will survive, be competitive in market: MD Ravinder TakkarIn his first media interaction since the government announced a relief package for the sector, Takkar said that the government had taken ca...22 Sep, 2021, 04.55 PM IST
- Vodafone Idea shares tank 10%. Here's whyShares of cash-strapped Vodafone Idea declined 10 per cent to 7.46 on Tuesday.03 Aug, 2021, 10.26 AM IST
- ‘Vodafone Idea may file review petition in Supreme Court for relief on dues’The cash-strapped telco, which has pegged reduction in AGR dues as among key factors to ensure its viability, is likely to seek review of t...27 Jul, 2021, 10.27 AM IST
- Voda Idea pays Rs 2,900 cr towards NCD maturitiesVodafone Idea has made full payment to all NCD bond-holders, including Franklin.11 Jul, 2020, 09.55 AM IST
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