Indus Towers facing a Rs 60 cr shortfall in collections from Vodafone Idea in Q4Indus Towers received an additional Rs 360 crore from Vodafone Idea (Vi) for old dues, but analysts note a Rs 60 crore shortfall in collect...
03 May, 2024, 12.49 AM IST
Indus Towers confident of cash flow boost in FY25Indus Towers expects cash flows to improve in FY25 as it’s confident of quickly recovering its backlog of past dues from key customer, Voda...
01 May, 2024, 08.05 PM IST
Talk of the Tower: Airtel eyes Vodafone's 21.05% in IndusAirtel is the biggest shareholder in Indus, with 47.95%; Vodafone Group has 21.05% and 30.97% is with the public, according to the tower co...
24 Apr, 2024, 08.28 AM IST
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'...
17 Apr, 2024, 01.02 PM IST
Indus Towers may benefit if Vi gets money and invests: AnalystsCash-strapped Vi said it will open a sale of new shares on April 18 and close on April 22 to raise up to ₹18,000 crore. This will be closel...
15 Apr, 2024, 01.24 AM IST
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)...
27 Oct, 2023, 07.19 AM IST
Debt, 5G payouts may further squeeze Vi's financialsAccordingly, IIFL has cautioned that Indus' receipts from Vi could fall short unless there is significant fundraising at the telecom operat...
01 Aug, 2023, 12.15 AM IST
Voda Idea faces Rs 4300 cr debt, 5G payouts in FY2Q, Indus wary of impact on dues: IIFL“Basis Vi’s disclosures, it faces large payouts in 2QFY24...of the estimated Rs 4,300 crore outgo, Rs 2,600 crore is towards debt repayment...
31 Jul, 2023, 03.20 PM IST
Indus' past dues from Vi swell to Rs 9,500 cr: KotakA potential fundraise from Vodafone Idea (Vi) would improve Indus Towers’ chances of recovering its massive old dues – now pegged at Rs 9,5...
26 Jul, 2023, 03.00 PM IST
Vi paying monthly bills, but clearing arrears may need fundraise: Indus Towers"...the fundraising for Vi is still critical in order to clear past dues... (We) await clarity (from the company) on past recoveries," JP M...
24 Jun, 2023, 09.32 PM IST
Indus removes Q2 quarterly report para on Govt equity conversion in Vodafone IdeaVi had in a late evening statement on Monday said that there is no such rule barring the government from taking equity in the telco even if...
01 Nov, 2022, 11.02 AM IST
No bar on govt taking equity in company even if shares below par value: Vodafone IdeaIn a statement, the loss-making telco said that the quarterly report of tower company Indus Towers has “erroneous reported” that there is s...
31 Oct, 2022, 10.52 PM IST
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...
30 Oct, 2022, 12.13 PM IST
Indus board to meet on Oct 27 to consider raising funds via NCD issuances“The board of directors of the company in its meeting scheduled to be held on Thursday, October 27, inter alia, will consider the proposal ...
21 Oct, 2022, 06.10 PM IST
Vodafone raises Rs1,443 cr by selling 2.4% in Indus TowersVodafone sold 63.6 million shares held by unit Euro Pacific Securities at Rs 226.84 a share, bulk deal data released late Thursday night on...
25 Feb, 2022, 01.55 AM 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
Indus Towers' increasing receivables a risk: AnalystsThe brokerage said that while Indus (at a recent earnings call) said it’s in talks with the tenant (read: Vi), it “could not provide any ti...
03 Feb, 2022, 05.45 PM IST