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NOKIA VI STAKE
Nokia sells stake in Vi, raises Rs 785.67 croreNokia Solutions and Networks India divested its 0.95% stake in Vodafone Idea (Vi) through a bulk deal, raising Rs 785.67 crore. Goldman Sac...
Vi weighs 'letters of credit' model to buy gearVodafone Idea is negotiating with banks and global vendors to buy 4G and 5G network gear using letters of credit, aiming to improve cash fl...
Samsung frontrunner to bag network deals from ViSamsung is set to win network deals from Vodafone Idea (Vi) to replace Chinese 4G gear in four telecom circles. This $70 million contract c...
Vi's network expansion plans may take a hit on vendor payment jinxVodafone Idea's plans to expand its 4G and launch 5G have encountered issues as financial negotiations with Ericsson and Nokia are stalled ...
Govt selling stake in Vodafone Idea? Here's what the telco has to sayVodafone Idea (VIL) has denied that it has received any communication from the government regarding its stake in the telco, despite reports...
Vi clears allotment of 3rd tranche of equity shares worth Rs 614.5 crore to Nokia, EricssonThis follows Vi announcing last month its plans to raise up to Rs 2,458 crore from the two vendors via a preferential issue for partly clea...
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 ...
What clearing vendor dues via equity means for firmsVodafone Idea's board approved preferential allotment of equity shares to Nokia and Ericsson to clear dues. Vi's vendor ATC Telecom also be...
Vodafone Idea may issue equity shares to Nokia, Ericsson to settle duesTelecom company Vodafone Idea (Vi) has said that itrs board will meet on Thursday to consider issuing equity shares or convertible securiti...
Relief for Vodafone Idea as ATC agrees to give it more time to pay duesVodafone Idea (Vi) has extended the redemption period of 8,000 optionally convertible debentures (OCDs) – out of the 16,000 OCDs issued to ...
Aditya Birla Group in talks with global banks for Vi equity infusionThese funds will be used to part-finance the planned ₹5,000-crore equity infusion by the promoters into Vi, following the Indian government...
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 ...
Airtel won't oppose Vodafone's bid to sell Indus stake to external buyerUK's Vodafone Group and India's Aditya Birla Group are facing increasing pressure from the government and lenders to infuse equity into Vod...
DoT keeping an eye on cash-strapped Vodafone Idea's 5G service rollout plansAs per the network roll-out obligations, within the first year from spectrum allotment, a telco has to commercially launch services anywher...
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...
Telcos to seek clarity if Huawei, ZTE gear is in list of ‘trusted’ goodsThe Department of Telecommunications amended telco permits, mandating them to use network equipment only from “trusted sources” from June 1...