Vodafone Idea begins fresh talks with govt on AGR dues: CEO …
WEB1 day ago — Vodafone Idea (Vi) has begun a “fresh dialogue” with Centre to resolve the Adjusted Gross Revenue (AGR) dues issue, CEO of the telecom major Akshaya Moondra told analysts on Monday, asserting that the long-term business plans and revival strategy of the company remain “unaffected” from the curative petition outcome.
Voda Idea announces Rs 55k cr investment to address investor …
WEB2 days ago — Vodafone Idea outlines a Rs 55,000 crore investment strategy to enhance its network capabilities. This includes spending Rs 30,000 crore on equipment from Nokia, Ericsson, and Samsung.
Vodafone Idea seeks Government relief in AGR duress crisis
WEB22 hours ago — The telecom firm is looking to clear the government dues and outstanding dues against banks and vendors through operational cash flows. Vodafone Idea Limited’s payment obligation to the government stood at Rs 2,09,520 crore as of June 30, 2024, including deferred spectrum payment obligations of …
Vodafone Idea management shares important updates on debt
WEB1 day ago — Over the weekend, Vodafone Idea also concluded a mega $3.6 billion or ₹30,000 crore deal with Nokia, Ericsson and Samsung, for the supply of network equipment over a period of three years Shares of Vodafone …
Vodafone Idea in talks with Centre on AGR dues; expects debt …
WEB1 day ago — The intent is to find a way that works best for everybody in the industry," said Ravindra Takkar, chairman of Vodafone Idea. Vodafone Idea on September 22 awarded a mega $3.6 billion deal with ...
India's Vodafone Idea says it is in talks with govt after court rejects ...
WEB1 day ago — Vodafone Idea has begun fresh talks with the Indian government for "remedies" related to $8.4 billion in owed dues, the telecom operator said on Monday, days after the country's top court ...
Vodafone Idea inks $3.6 billion 4G, 5G network gear deal with …
WEB2 days ago — Vodafone Idea: "The deal marks the first step towards the rollout of the company’s transformative three-year capex plan of $6.6 billion (Rs 550 billion). ... News; Industry; Vodafone Idea inks ...
Vodafone Idea completes $3.6 billion deal with Nokia, Ericsson, …
WEB2 days ago — Vodafone Idea Ltd., one of India's prominent telecom operators, has successfully finalised a monumental $3.6 billion deal with technology giants Nokia, Ericsson, and Samsung. Announced on September 22, this strategic partnership aims to bolster the company's network infrastructure over the next three years, positioning Vodafone Idea to remain competitive in an increasingly dynamic ...
Vodafone Idea calls urgent investor meeting after AGR ruling …
WEB4 days ago — Vodafone Idea, a joint venture between the UK’s Vodafone Plc and India’s Aditya Birla Group, has been grappling with a monumental financial burden. As of March 31, 2024, the company owes a staggering Rs 2,03,430 crore to the government, including Rs 1,33,110 crore in deferred spectrum payments and Rs 70,320 crore in AGR liabilities.
Vodafone Idea News - Vodafone Idea Announcement, Latest News …
WEB4 days ago — Vodafone Idea Share Price: Vodafone Idea shares plunged 20% after the Supreme Court rejected its plea to recalculate AGR dues. Analysts believe the company will need to raise funds to repay the dues. Competition and tariff hikes may further impact Vodafone Idea's survival.