News The beleaguered Indian telecoms operator says a return to growth will be possible following its $2.2 billion follow-on public offering (FPO) Last week, Vodafone Idea announced that it would launch India’s largest ever FPO, seeking to raise almost $2.2 billion in...
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Vodafone Idea launches $2.16 billion share sale
Vodafone Idea has announced that it is set to raise up to 180 billion rupees ($2.16 billion) through the country’s biggestFPO, a process by which a company already listed on the stock exchange issues additional shares in order to raise capital.
Could Vodafone Idea hand Elon Musk the keys to India?
As we enter 2024, Elon Musk’s low Earth orbit (LEO) satellite communications constellation Starlink continues to swell, now totalling more than 5,500 orbiting devices
Indian govt quashes rumours it will take over Vodafone Idea
News “No such proposal is under consideration in the Department,” according to communications minister Devusinh Chauhan Indian telco Vodafone Idea (Vi) has had a bumpy road in 2023. Many years of intense price wars, caused by the disruptive launch of Reliance Jio back...
Nokia rumoured to replace Huawei in Vodafone Idea’s network
With fears over network security ever-present, Vodafone Idea (now Vi) is reportedly in discussions with Nokia to replace the Huawei 4G radio equipment currently in its network
Indian govt to become Vodafone Idea’s largest stakeholder
The government will take a 35.8% stake in the floundering telco, aiming to prevent the Indian mobile market from becoming a duopoly
India’s Vodafone Idea continues its fight for survival
News The promoters of Vodafone Idea, India's beleaguered third-largest service provider, are putting in last-ditch efforts to save the company from bankruptcy. Last week Kumar Mangalam Birla, Chairman of Aditya Birla Group and Nick Read, Vodafone Group's Chief...
Vodafone Idea targets $3bn investment from Apollo Global
According to sources, the struggling Indian telco has begun discussions with the US private equity fund and may sell a “sizeable stake” in the business
Vodafone Idea ‘adding-on’ Huawei gear before govt restrictions take effect
Sources suggest that the Indian telco signed a roughly $54.7 million deal with Huawei just before government restrictions banning such transactions came into effect
Vodafone Idea seeks $1bn funding from pension funds to stay afloat
The operator has been struggling recently, having lost around 5.7 million customers in December 2020
Oaktree and Varde may rescue Vodafone Idea with $2bn funding
A consortium led by Oaktree Capital is reportedly lining up to pump at least $2 billion into the struggling telco according to sources
A new coat of paint for Vodafone Idea as it rebrands as Vi
The telco hopes that the rebranding will usher in a period of renewed growth, having lost out to its rivals in recent years
With vendors beginning to delay new orders, is Vodafone Idea out of time?
Without new equipment, Vodafone Idea will struggle to achieve the expansion necessary to survive
Vodafone Idea could sink even if given AGR relief, investors fear
The last two financial quarters have seen Idea’s subscriber base slip by around 20 million and Q2 of 2020 could continue the downward trend
Could Google be the saviour of Vodafone Idea?
Reports suggest that Google is exploring its options regarding investment in the struggling telco
Supreme Court deals another blow to Vodafone Idea, rejects tax refund appeal
Vodafone Idea sought $629 million, but the Court agreed to just $96 million
Vodafone Idea deploys Mavenir OpenRAN Solution
Press Release Vodafone Idea Limited (VIL), India’s leading telecom operator, has expanded Open RAN based deployments in India with OpenRAN solution providers. VIL’s OpenRAN has been deployed on multiple Cell sites and are carrying commercial traffic since...
Vodafone Idea, Airtel and Jio extend prepaid validity to May 3rd
The extension will help keep millions stay connected during the pandemic
Vodafone Idea dares to dream as India could reassess AGR dues
Shares of the beleaguered company rebounded up to 38% after reports arrived that relief could be on the way for their pending adjusted gross revenue (AGR) dues
Vodafone Idea shares crash after receiving no respite from Supreme Court over AGR debts
Yesterday’s court ruling could be the company’s death knell, with experts questioning how the telco can survive
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