Vodafone Idea | The Asian Age

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The DoT has given option to telecom operators to clear all the dues on self-assessment basis.

Vodafone Idea shares tumble over 21 per cent; hit record low

Vodafone Idea plunged 21.62 per cent to Rs 2.90 -- its record low -- on the BSE.

14 Nov 2019 1:39 PM

A DoT official privy to the development said instructions have gone to the licencing wing to carefully examine the implication of the Supreme Court's recent ruling for all such companies. (Photo: Representational)

Telecom dept examines impact of SC order on adjusted gross revenue beyond telcos

Airtel, Vodafone Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore in three months.

07 Nov 2019 6:38 PM

With total liabilities estimated at Rs 1.4 lakh crore, Airtel and Vodafone-Idea, through the telecom sector association COAI, are seeking waiver of at least the penalty and interest on delayed payments, which constitute about half of the total dues, if a complete waiver of past liabilities is not possible.

Telco bailout will be contempt of SC; will set bad precedent: Jio to Prasad

Supreme Court in its October 24 order has clearly settled the base on which statutory levies have to be paid, said Reliance Jio.

03 Nov 2019 1:23 PM

The company stock rose 23.07 per cent to Rs 4.80 on the NSE.

Vodafone stock surges 23 pc as company denies exiting Indian market

BSE, NSE had sought clarification from Vodafone Idea over the rumours of the telecom operator exiting the Indian market.

01 Nov 2019 12:09 PM

Similarly, the stock declined 9.2 per cent to Rs 3.45 on the NSE.

Vodafone Idea plummets over 9 per cent to hit 52-week low

Shares of Vodafone Idea slumped 8.66 per cent to Rs 3.48 apiece - its 52-week low - on the BSE.

31 Oct 2019 11:28 AM

While older TSPs such as Bharti Airtel and Vodafone-Idea have been talking of financial stress ever since they faced intense competition from free voice and dirt-cheap data from newcomer Reliance Jio, the matter has assumed greater importance after the October 24 judgment of the Supreme Court.

Vodafone Idea, Airtel shares jump by 8.5 pc amid financial bailout buzz

Indian government has created a panel to work out a financial bailout package that may include lowering of spectrum charges.

30 Oct 2019 12:25 PM

Airtel said it is approaching the Department of Telecom (DoT) to seek clarity on the total amounts involved and "request for their support to deal with this adverse outcome." (Photo: File | PTI)

Airtel defers Sept quarter results till Nov 14 citing AGR issue

The company was earlier scheduled to approve and release its Q2 numbers on Tuesday.

29 Oct 2019 11:36 AM

Led by the sharp fall in its shares, Vodafone Idea witnessed an erosion of Rs 3,792.58 crore from its market valuation which is now at Rs 12,442.42 crore.

Vodafone Idea shares crumble over 27 pc in intra-day trade after SC order

Vodafone Idea plummeted 23.36 pc to close at Rs 4.33 on the BSE. In intra-day, it tanked 27.43 pc to Rs 4.10 -- its 52-week low.

24 Oct 2019 5:03 PM

Vodafone Idea has been seeking two-year moratorium on its annual spectrum payment citing debt and stress on balance sheet.

Vodafone top brass meets telecom secy, seeks 2-yr delay on deferred spectrum payment

Kumar Mangalam Birla, head of Vodafone Idea, had sent an SOS to the government earlier also for deferring statutory payments.

30 Sep 2019 8:22 PM

Vodafone Idea's Q1 FY20 revenues fell by 4.3 per cent quarter-on-quarter, belying recent hopes of stability, according to a report by JM Financial Institutional Securities.

Vodafone Idea shares tank over 29 pc after Q1 earnings

The scrip which opened with nearly 3 per cent decline later saw relentless selling and tanked 28.4 per cent to Rs 6.60,

29 Jul 2019 1:37 PM

The revenue of Vodafone Idea for the June 2019 quarter fell to Rs 11,269.9 crore as against Rs 11,775 crore logged in the January-March 2019 quarter.

Vodafone Idea narrows Q1 loss to Rs 4,873.9 crore

The company had registered a loss of Rs 4,881.9 crore in the fourt quarter of 2018-19, Vodafone Idea Ltd said.

26 Jul 2019 6:37 PM

Digital Communications Commission, the apex decision-making body of DoT, last month, approved imposing penalty on Airtel and Vodafone Idea for not providing points of interconnection to Reliance Jio.

Telecom dept okays to Rs 3,050 cr penalty on Airtel, Vodafone Idea

TRAI its stand saying it is not in a position to modify its previously recommended penalty on the operators.

24 Jul 2019 6:28 PM

Established operators like Bharti Airtel, Vodafone Idea Ltd are in the midst of a bruising tariff war following the entry of Reliance Jio. (Photo: File | ANI)

Reliance Jio's Q1 net profit zooms 45.6 pc to Rs 891 crore

RIL statement said that Brookfield will invest Rs 25,215 crore into Tower InvIT.

19 Jul 2019 7:49 PM

Trai's latest data showed that Jio's adjusted gross revenue (AGR), or earnings from mobile phone services, rose 3.76 per cent sequentially to Rs 9,838.9 crore at the end of March 2019. (Photo: File | PTI)

Jio retains lead over older telcos in AGR for March quarter: Trai data

The teledensity in India declined from 91.45 as on December 2018 to 90.11 as on March 2019, Trai report said.

10 Jul 2019 8:24 PM

DCC has agreed to impose penalty on Airtel, Vodafone Idea for not providing points of interconnection to RJio.

DCC clears imposing penalty on Airtel, Voda Idea; seeks Trai view on fine amount

The penalty on Airtel and Vodafone works out to be about Rs 1,050 crore each.

17 Jun 2019 1:50 PM

Majority of our operators have indicated that 5G spectrum is far too prohibitively expensive and that their balance sheets can't afford this, said COAI Director General, Rajan Mathews. (Representational Images)

Price of 5G spectrum in India 30-40 pc higher than global rates: COAI

COAI chief said incentives should be build into the spectrum price, given that 5G services in country aim to serve social goals.

04 Jun 2019 4:25 PM

The overall tele-density in India declined to 90.11 at the end of March, from 91.86 in February.

Airtel, Vodafone Idea lose 30 mn customers; Jio adds 9.4 mn users in Mar

India's total wireless subscriber base fell to 1,161.8 million on March 31, 2019, shedding 21.87 million users over the previous month.

21 May 2019 7:46 PM

Jio is playing to be "India two player", Ambit Capital said adding that this severely impacts the ability of Vodafone Idea to enjoy the upsides of its rural subscriber base upgrading to smartphones.

Vodafone Idea lags Airtel, Jio in sequential revenue growth in Q4: Analysts

Vodafone Idea is looking to monetise investments in tower venture as well as fibre assets.

14 May 2019 9:13 PM

For the full FY2019, the company's loss stood at Rs 14,603.9 crore, while the revenue from operations was pegged at Rs 37,092.5 crore.

Vodafone Idea Q4 loss at Rs 4,882 cr; co says strategic initiatives taking effect

The loss has narrowed from Rs 5,004.6 crore during the third quarter of 2018-19, aided by 3.4 per cent drop in total expenses.

14 May 2019 8:48 AM

Over the past few years, India's telecom market had become cut-throat where nearly a dozen players jostled for market share, pummelling the call rates to among the lowest in the world. (Representational Image)

Fund raising in telecom shows promoters' resolve despite structural issues: COAI

The industry has taken a responsible call to infuse fresh funds in 'some very adverse circumstances', said COAI chief.

09 May 2019 5:21 PM

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Aakar Patel