March 15, 2023 01:39 PM IST

Reliance Jio may cut Bharti Airtel tariff premium to 33% with postpaid tariff hike: CLSA

The postpaid family plan starts at Rs 399 but with three add-on SIM cards for a family of four, takes the total to Rs 996

Jefferies upgrades Bharti Airtel to buy, sees 13% per-user revenue growth by FY25

According to Jefferies, Bharti Airtel is likely to see 13 percent growth in its mobile average revenue per user (ARPU) over FY23-25 adding that market share gains are likely to accelerate amid 5G rollouts.

Exclusive: FinMin completes Vi debt-to-equity conversion, govt holds 33.4% stake

The government does not intend to stay in it for long, and will look for an exit route once the share price is above Rs 10.

Vodafone Idea allots Rs 1,200-crore debentures to ATC Telecom Infra

The balance of debentures worth Rs 400 crore shall be allotted upon receipt of the application form and subscription money and due intimation of the same shall be filed as necessary, VIL said in a regulatory filing.

Vodafone-Idea shareholders approve issuance of Rs 1,600 crore optionally convertible debentures to ATC

The special resolution to this effect was cleared in an extraordinary general meeting (EGM) of Vodafone-Idea on February 25.

Telecom stocks in focus as Jefferies expects revenue growth to moderate without tariff hike

In Q3 FY23, revenue growth for the top three operators in India moderated to 2 percent QoQ and 18 percent YoY, primarily due to limited uptick in average revenue per user (ARPU), Jefferies said.

Vodafone Idea Consolidated December 2022 Net Sales at Rs 10,620.60 crore, up 9.3% Y-o-Y

Vodafone Idea Standalone December 2022 Net Sales at Rs 10,552.90 crore, up 9.42% Y-o-Y

As Vodafone Idea's losses widen, brokerages set Rs 5 target price for the stock

The overall subscriber base of the company declined to 22.86 crore during the reported quarter from 23.44 crore in the September 2022 quarter

Vodafone Idea in discussions with lenders to refinance Rs 3,000-4,000 crore loans

The refinancing will help Vodafone Idea pay dues to tower companies like Indus Towers and network makers such as Ericsson and Nokia, the report said.

Vodafone Idea joins hands with Motorola to drive 5G connectivity across 5G smartphone portfolio

The announcement comes within days of Vodafone Idea getting a shot in the arm, with Centre on Friday clearing conversion of the troubled telco's accumulated interest dues worth Rs 16,000 crore into equity.

Voda Idea zooms 21% as govt clears conversion of debt to equity

Vodafone Idea will be converting Rs 16,133 crore of debt into equity. After the conversion, the government will own 1613 crore shares in the firm, which roughly translates into 33 percent stake.

Government asks Vi to convert debt worth Rs 16,100 crore into equity

The company has been directed to issue 1,613 crore equity shares of the face value of Rs 10 each at an issue price of Rs 10 each, it said.

Indus Towers Q3 hit by Vi's contagion, sends alarms bells ringing for investors

The state of panic for Indus Towers stems from Vi’s failure to cement a funding plan with its lenders, leading to shortfall in collection from the telco

SBI-led lenders not keen to grant additional loans to Vodafone Idea: Sources

Banks have sought clarity on whether the interest on deferred adjusted gross revenue, which Vi is liable to pay, will be converted into government equity, the sources said.

Vodafone Idea approaches banks for Rs 7,000-crore emergency loan: Report

The matter relating to loans and raising funds has been in discussion for a while as lenders have sought clarity on the government's potential shareholding in Vi, as well as the telco's business scale-up plans.

Fund infusion by Jan-Feb must for Vodafone Idea survival, say government officials: Report

Officials told ET that Vi's promoters had earlier assured the government that they would invest around Rs 10,000 crore. The assurance had come shortly before the government finalised a telecom sector revival package in September 2021

Vodafone Idea, ATC to extend Rs 1,600-crore debentures date till February 28

Vodafone Idea’s proposal to issue Rs 1,600 crore debentures to mobile tower vendor ATC Telecom Infrastructure has lapsed in the absence of any response from the government on the conversion of interest dues into equity.

Vodafone Idea, ATC extend last date for subscription of Rs 1,600-crore OCDs to Feb 28

The subscription of OCDs would depend on the government's nod to the conversion of VIL's interest dues into equity.

Shareholders approval for Rs 1600 crore OCD issue to ATC lapses in absence of govt response: Vodafone Idea

The OCD issue for ATC was subject to certain conditions including the approval of the government.

Vodafone Idea is chasing SBI for up to Rs 16,000 crore loan: Report

Vi's proposal would be placed before SBI's apex credit committee to finalise terms only after obtaining clarity on the loss-making telecom service provider's expansion plans.

Empty coffers, fleeing users: Everything gets bad to worse for Vodafone Idea

The company said it lost 60 lakh subscribers during the quarter, almost double of 34 lakh it lost in the previous quarter. Its customer base now stands at 23.44 crore, which is nearly half of that of Reliance Jio

Tariffs at 'unsustainable' levels, industry needs price correction for continued investments: VIL CEO

VIL has seen average revenue per user (ARPU) growth for five consecutive quarters now.

Vodafone Idea Consolidated September 2022 Net Sales at Rs 10,614.60 crore, up 12.84% Y-o-Y

Vodafone Idea Standalone September 2022 Net Sales at Rs 10,546.40 crore, up 13.14% Y-o-Y