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VI VENDOR DUES
Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk dealEricsson Vodafone Idea stake sale: Ericsson India offloaded its 0.6% stake in Vodafone Idea, selling 63.37 crore shares at Rs 6.76 apiece v...- 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...
- 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 ...
- Vodafone Idea offers to clear remaining Nokia dues of Rs 1,500 croreVodafone Idea plans to settle its remaining ₹1,500 crore dues to Nokia by December 2025 through cash installments. Earlier, Vi issued equit...
- 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...
- Vi focus on clearing dues bodes well for network vendors, banksVodafone Idea's limited repayment needs in the next 12 months provide relief for network vendors like Indus Towers and lenders. The telecom...
- Services to users won’t suffer, says Vi after Tata Comm terminates dealThe move to terminate services by TCTS was taken after Vi failed to clear dues of Rs 221.19 crore on time. The beleaguered telco, however, ...
- Strong signals from investors, Vi may get much-needed cash soonVodafone Idea (Vi) has informed the Department of Telecommunications (DoT) that it has received term sheets from several potential investor...
- Vi pays 10% of Q4 licence fee dues, seeks time till July 31 to clear balanceVodafone Idea (Vi) has asked the Indian government for more time to pay its licence fee dues for the March quarter, proposing to pay just 1...
- Vodafone Idea's bank loans fall 43% on year for quarter ending December, vendors' dues remainAt Vi's fiscal third-quarter earnings call on February 15, chief executive Akshaya Moondra said the cash-strapped telco needs to get fundin...
- Vodafone Idea shares hit 20% upper circuit after govt to convert telco's dues into equityVi quickly needs to clear dues of vendors like Indus Towers and expand its existing 4G network. It also needs to finalise 5G gear supply co...
- Govt's equity pick may help Vodafone Idea refinance debtOn Friday, the government agreed to convert Vi's ₹16,133.18 crore accrued interest on deferred adjusted gross revenue (AGR) dues into equit...
- Vodafone Idea clearing dues to banks first to avoid a visit to bankruptcy court: Experts"...it would make sense for Vi to ensure its bank dues are paid on time, in precedence to vendor debt, to avoid being potentially dragged t...
- No response on equity conversion from Centre: Vodafone IdeaThis conversion is said to be critical for the company being able to induct investors and raise funds for expanding its 4G network and outl...
- 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 ...
- Clear dues or lose tower access: Indus Towers to Vodafone IdeaThe tower company shot off this warning to Vodafone Idea in a strongly-worded letter written on Monday, said two people aware of the matter...
- Vodafone Idea struggles to finalise 5G dealsVodafone Idea owes around ₹3,000 crore to Finnish equipment supplier Nokia and up to ₹1,000 crore to Sweden's Ericsson in 4G-network-relate...
- Vodafone Idea woes: Network equipment vendors get jittery over dues recoveryThe European and Chinese vendors haven’t reached out to Vodafone Idea (Vi) seeking immediate payment of dues, but are closely monitoring th...
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