Mumbai: Aditya Birla Group has begun an exercise to raise promoter-level funds for an equity offering to Vodafone Idea (Vi) Ltd and is in discussions with global banks to raise…
Kolkata|Mumbai: Vodafone Idea (Vi) has initiated fresh talks with key lenders including State Bank of India, Punjab National Bank and HDFC Bank to refinance Rs 3,000-4,000 crore of loans, bankers…
Vodafone Idea has received a shot in the back with the government clearing its long-awaited plan to convert the telco’s interest charges into equity. Vodafone Idea (Vi), which was in…
Duncan is an award-winning editor with more than 20 years of experience in journalism. Having launched his tech journalism career as editor of Arabian Computer News in Dubai, he has…
Kolkata | Mumbai: The government’s decision to convert Vodafone Idea’s accrued interest into equity is likely to help the telco get some existing bank debt refinanced in the immediate future,…
On Friday, Vodafone Idea (Vi) said it had been directed by the Communications Ministry to convert its interest charges on the deferred AGR and spectrum-related payments into equity for the…
NEW DELHI: The government may now be a major stakeholder in private telco Vodafone Idea Limited (VIL) as the communications ministry on Friday approved share conversion in the telco. “We…
In partnership with the Hungarian state, 4iG, the Hungarian telecom and IT group completed its acquisition of quadruple-play telecom operator Vodafone Hungary, and the transaction was completed on January 31,…
Vodafone’s interim CEO Margherita Della Valle had the unenviable task of delivering a disappointing set of quarterly accounts on Wednesday. Organic growth in services revenue fell to 1.8% in the…
Vodafone Ideas ( Vi ) shares fell 2.13% in early trading on Wednesday. At the time of writing, the telco’s shares are trading at Rs 6.90, a negative of 2.13%…
Vodafone Idea, the third largest telecom player, is in dire straits. With no fundraising in sight, no word on 5G launch and constant loss of subscribers, Vodafone has found itself…
NEW DELHI: The telecom ministry has opened an inspection into the affairs and management of struggling telco Vodafone Idea as talks on the government’s planned move to raise equity in…