Tag: Vodafone
In one of the biggest mergers in the telecom space, Vodafone India and Aditya Birla Group-promoted Idea Cellular on Monday announced their much-awaited amalgamation.....
With Reliance Jio announcing 6 paise per minute charge for voice calls to rival networks, Vodafone Idea on Wednesday termed the announcement "an action of undue haste" and Airtel termed the Mukesh Ambani-owned company's move a forced tactics to reduce interconnection charges.....
With the government mulling the possibilities of invoking bank guarantees of the telcos to recover the statutory dues, Vodafone Idea chairman Kumar Mangalam Birla on Tuesday met Telecom Secretary Anshu Prakash on the AGR payment issue after paying Rs 2,500 crore on Monday.....
Ending months of speculation, Vodafone on Monday confirmed it's in talks with the Aditya Vikram Birla group for the merger of its Indian entity and Idea Cellular in what will be the largest such deal in the country's telecom space once it materialises.....
Vodafone Idea's situation remains extremely precarious given its net debt/EBITDA of 20 times, analyst firm Citi has said in a report. ....
The first AGR payment came to government as Airtel on Monday paid Rs 10,000 crore dues to the Department of Telecom (DoT). In contrast, the Supreme Court turned down Vodafone's proposal to repay statutory arrears of Rs 2,500 crore on Monday and the rest Rs 1,000 crore by Friday. ....
Vodafone Idea on Tuesday paid the government Rs 3,042 crore for airwaves bought in the auction back in 2014 while Airtel paid Rs 2,000 crore on the same head.....
Chennai Smashers beat Awadhe Warriors 4-3 of the Vodafone Premier Badminton League (PBL) at the Koramangala Indoor Stadium here on Wednesday.....
Even though cheap tariff is hurting the revenues of Reliance Jio, as in the case of other networks, it also presents an opportunity for the latest entrant to fine-tune its network to gain traction among users, says a telecom expert.....
Ending months of speculation, Vodafone on Monday confirmed it is in talks with the Aditya Vikram Birla group for the merger of its Indian entity and Idea Cellular in what will be the largest such deal in the country's telecom space once it materialises.....