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INDUS CAPEX PLANS
Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...- Bharti Airtel arm Indus Towers announces Africa foray, starting with Nigeria, Uganda, ZambiaIndus Tower, a Bharti Airtel subsidiary, will grow in Africa. Nigeria, Uganda, and Zambia are the first targets. Airtel's Africa business i...
- Dues from Vi results in Rs 1,570 crore free cash flow for Indus Towers in June quarterIndus Towers has recovered most of its backlog from Vodafone Idea, aiding a ₹1,570 crore free cash flow in Q1 FY26. Despite improved receiv...
- Vodafone Idea shares surge 20% after government’s spectrum dues conversionVodafone Idea stock: Vodafone Idea stock jumped 20% after the government converted ₹36,950 crore of spectrum dues into equity. Analysts see...
- Airtel to cut capex in FY25, focuses on 2GB 5G plans and ARPU growthBharti Airtel's capex will decrease significantly in FY25 and FY26 after finishing the nationwide 5G rollout. The company will focus on upg...
- No AGR relief, a higher proportion of telecom debt may get converted into equity: Balaji SubramanianThe Supreme Court has rejected the plea by telecom companies for re-computation of adjusted gross revenue (AGR), leaving no relief for majo...
- Amid delays in clearing dues, Vodafone Idea confident of support from operational creditorsVodafone Idea (Vi) remains optimistic that its operational creditors, including network equipment suppliers Nokia and Ericsson, as well as ...
- Vodafone Idea may offer more shares to vendors to clear duesVi is saddled with around ₹20,000 crore of overall payables (including ₹13,731 crore trade payables) and proposes to use the ₹24,000 crore ...
- Indus expects Vi to clear full dues worth Rs 5,700 cr soon, open to payment in tranchesIndus Towers anticipates Vodafone Idea clearing its Rs 5,700 crore dues soon, potentially in one payment or in installments, following VIL'...
- Expect near 100% monthly payment to continue from Vi, says Indus TowersIndus Towers, during its fiscal second-quarter earnings call, announced that it has been receiving monthly payments from Vodafone Idea (Vi)...
- Industry pricing structure should change, pay more for higher usage: Gopal VittalIndia’s current telecom services pricing architecture, he said, is more of a one-size fits all approach that and can’t work in the long run...
- Indus plans capex push this fiscal to make the most of 5G boomExecutives at India's largest telecom tower company see the ongoing 5G rollouts by Airtel and Jio as a "now or never" opportunity that coul...
- Why Siddharth Khemka is gung-ho on capex theme & Axis Bank in 2023“Axis Bank is witnessing strong growth in the retail and mid-corporate segment along with MSMEs which should be its key growth driver. Ther...
- Vi equity conversion delayed due to stock price being under par value of Rs 10: Indus Towers“In September 2022, the finance ministry cleared a proposal to convert Vi’s Rs 16,130 crore worth of accrued interest on deferred AGR-relat...
- Indus Towers expects Vi to stick to payment plan cleared by its boardLast week, Vi's board had cleared the issue of rupee-denominated, optionally convertible, unsecured, unrated and unlisted debentures (OCDs)...
- Vodafone Idea board to discuss fundraising issue tomorrowVi had first announced a Rs 25,000 crore fundraising plan via a mix of debt and equity in September 2020. Of this, it has received a shade ...
- Airtel plans Rs 1.17-lakh cr investment over 4 yearsAccording to the EGM notice, Bharti Airtel will spend Rs 88,000 crore in business with mobile tower company Indus Towers, Rs 15,000 crore f...
- Voda Idea to use funds from capital raise to boost 4G coverage to stem user lossesThe telco reported a narrower net loss for the quarter, while its key parameters such as average revenue per user, minutes of use and subsc...
- Vodafone Idea plans to invest Rs 27,000 crore in FY20The debt-ridden company has advanced its target date to complete integration of Vodafone and Idea Cellular business to financial year 2021 ...
- Bharti Infratel, Indus likely to invest Rs 3,500 cr capex for FY'19 ahead of mergerThe two companies, last month, announced a merger deal that will create a USD 14.6 billion firm with world's second-largest number of mobil...
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