Searched for
DEBT RIDDEN TELCO
Vodafone Idea shares jump 4%; KM Birla says telco navigated through one of its toughest challenges in historyVodafone Idea shares climbed after shareholders approved a Rs 4,730 crore investment from the Aditya Birla Group, signalling renewed promot...- Vodafone Idea shares jump 8% to 4-month high. What’s driving the rally amid stock market crash?Vodafone Idea shares surged over 8% to a four-month high after reports suggested parent Vodafone Group may transfer part of its stake to th...
- Vodafone Idea shares jump over 3% after KM Birla returns as non-executive chairmanVodafone Idea shares rose as Kumar Mangalam Birla returned as non-executive chairman, succeeding Ravinder Takkar. This move comes as the co...
- Vodafone Idea shares rally 8% after govt cuts AGR dues by 27%. Time to buy?Vodafone Idea shares are in focus after the government reduced AGR dues by 27% to Rs 64,046 crore, easing financial stress. The move, along...
- Ericsson bags four more telecom circles for 4G, 5G deployment on VIL networkEricsson has secured four additional telecom circles from Vodafone Idea for the deployment of 4G and 5G technology, expanding its footprint...
- VIL shareholders approve plan to raise authorised share capital to Rs 1 lakh crAccording to the scrutiniser report of the extraordinary general meeting (EGM) held on May 8, all special resolutions have been approved by...
- Vodafone Idea Q3 preview: Debt-ridden telco may report wider lossRecently, the government has approved conversion of Rs 16,133 crore interest dues of Vodafone Idea into equity after receiving a firm commi...
- Paid licence fee dues for first quarter of 2021-22: Vodafone IdeaVIL posted a lower consolidated loss of Rs 7,319 crore for the first quarter ended June 30, 2021, against a Rs 25,460 crore loss a year ago...
- BSNL to also go in for tariff hike next monthOwing to a tariff hike by Reliance Jio in its voice and data packages, rival companies Vodafone idea and Airtel said they would increase ta...
- RCom tanks 10% on NCLT's bankruptcy actionAn insolvency tribunal ordered bankruptcy action against the company on a petition filed by Ericsson.
- Cabinet may consider relief package for telecom today: SourcesThe proposal is based on the recommendations of the inter-ministerial group (IMG) on the revival of the sector, and includes extending the ...
- Banks seek relief measures for stressed telcos under debt restructuring planThe IBA has sought return of bank guarantees that have been provided by such cos, noting that sector’s liability of Rs 5,80,000cr was prima...
- Rcom debt restructuring to be further delayed after Aircel merger collapse: Moody'sShares of Rcom fell nearly 13% to a record low, amid investor concerns over the Anil Ambani-owned carrier’s to repay debt after the collaps...
- Reliance Communications puts four senior executives on its boardWith the Reliance Communications-Aircel merger being called off, where does the Anil Ambani-owned telco stand?
- Reliance Communications adds 4 new Board members from its top managementReliance Communications (Rcom) added four of its senior management to its Board on Monday, a day after it decided to call off its merger wi...
- Telcos seek scrapping of government's equipment testing proposalThe proposed move would restrict market access, leading to import delays and “cripple” the debt-ridden sector that is already going through...
- RCom’s lenders consortium eyeing SDR route for revivalA meeting is expected this week and the lenders consortium may finalise advisors for SDR.
- Department of Telecom ready to classify spectrum a tangible assetBandwidth has been considered an intangible asset by banks, who have been wary of accepting it as collateral all these years.
- DoT nod for spectrum as tangible asset, can be pledged for raising fundsThe telecom department has agreed to the finance ministry’s views of classifying bandwidth as a tangible asset that can be pledged as colla...
- Telecom companies set to go for bold tariff hikes; your mobile bills to bloat 30% this yearMobile phone bills will rise 20-30% as country's debt-ridden telcos raise call tariffs to revive revenue growth and cut losses.
Load More
