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The Latest Breaking News from Vodafone Idea

5G auction: Jio submits earnest money of Rs 14,000 crore to DoT; Adani Group deposits Rs 100 crore

NEW DELHI: As the race for 5G spectrum auction heats up, billionaire Mukesh Ambani's Reliance Jio has made a Rs 14,000-crore earnest money deposit while rival Adani group made a modest Rs 100 crore deposit.

The Times of India

Adani Data Networks, Reliance Jio, Bharti Airtel, Vodafone Idea submit applications to participate in the upcoming spectrum auctions

A total of 72,097.85 MHz of spectrum worth at least ₹4.3 lakh crore will be put on the block during the auctions, which are set to commence on July 26.

The Hindu

5G captive networks: Telcos threaten boycott over nod to Big Tech

NEW DELHI: Even before the bids are called, 5G auctions are fast turning out to be a turf battle between the well-heeled telecom operators such as Reliance Jio, Airtel and Vodafone Idea and the new-age Big Tech such as Google, Amazon, TCS and Cisco as the two sides fight over…

The Times of India

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Allocate unsold spectrum at a price: Voda Idea CEO

NEW DELHI: Ahead of 5G auctions, Vodafone Idea MD CEO Ravinder Takkar has said that the telecom department should consider “allocating” spectrum that is left unsold to mobile operators at a certain market-discovered price as companies scale networks to meet the country’s growing digital consumption.

The Times of India

Airtel, Jio drive telecom subscriber base to 116.6 crore in March

NEW DELHI: Net subscriber addition by Bharti Airtel and Reliance Jio increased the overall telecom user base to over 116.69 crore in March 2022, telecom regulator Trai said in its monthly report on Thursday.

The Times of India

Vodafone Idea Q4 losses narrow to Rs 6,563 crore

NEW DELHI: Telecom operator Vodafone Idea on Tuesday reported narrowing of its consolidated losses to Rs 6,563.1 crore for the fourth quarter ended March compared to same period of the previous year, while its realisation per user or ARPU improved sharply on a sequential basis.

The Times of India

VIL board okays share allotment to 3 promoter group companies to raise Rs 4,500 crore

NEW DELHI: Vodafone Idea on Thursday said its board has approved the allotment of 338.3 crore equity shares at Rs 13.30 per scrip to three promoters group entities - Euro Pacific Securities, Prime Metals and Oriana Investments - for about Rs 4,500 crore.

The Times of India

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Vodafone Idea board approves raising up to Rs 14,500 crore

NEW DELHI: Debt-ridden telecom operator Vodafone Idea on Thursday said its board has approved raising of up to Rs 14,500 crore, including Rs 4,500 crore from promoter entities.

The Times of India

Airtel to acquire Vodafone's 4.7% stake in Indus Towers if funds are used for VIL

NEW DELHI: Telecom operator Bharti Airtel on Friday said it has signed an agreement to buy Vodafone's 4.7 per cent stake in Indus Towers on the condition that the proceeds will be used for investment in Vodafone Idea and clearing its dues towards the mobile tower company.

The Times of India

India's mobile subscriber count down by 1.28 crore in December 2021: Trai data

NEW DELHI: The mobile user count in India fell by 1.28 crore in December 2021 compared to the previous month, with Reliance Jio and Vodafone Idea suffering subscriber losses, even as Bharti Airtel added customers, Trai data showed on Thursday.

The Times of India

Vodafone Idea expects another hike in mobile services rates this year

NEW DELHI: Loss-making telecom operator Vodafone Idea may raise mobile services rates this year as well but it will depend on the market reaction to the increase in tariff that the company made in November, a top official of the company said on Monday.

The Times of India

Vodafone Idea Q3 loss widens to Rs 7,231 crore

NEW DELHI: Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021.

The Times of India

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