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He will fill the vacancy created due to elevation of C S Setty as chairman of the country's largest lender
Telecom major Bharti Airtel is likely to report up to 19.7 per cent year-on-year (YoY) growth in revenue to Rs 35,750 crore in the December quarter (Q3FY23), pegged analysts
Abu Dhabi's Emirates Telecommunications Group Co., also known as Etisalat, said it now owns 11% of Vodafone, up from 10% earlier
The development spells further trouble for the company, which has an overall debt pile of Rs 2.2 trillion including hefty dues to the government
Goldman Sachs said Vi would need a sharp capital raise or a tariff increase to remain competitive. It is the only telco which has not yet given a timeline to launch its 5G services
Gross revenue in the second quarter of FY23 increased by 12.8 per cent YoY to Rs 10,614 crore
New Vi Max postpaid plan offers users more data and SMSes per month, apart from travel discounts, airport lounge access, and priority customer service; comes into effect on Wednesday
Any equity infusion cannot be below par value, says Indus Towers in its Q2 report
Indus Towers posted a net profit of Rs 872 crore in the second quarter of the fiscal year (FY2023) on a revenue of Rs 7,967 crore
Development comes on the heels of Indus Towers warning the financially stressed telecom company of disconnection of services over non-payment of dues
Global telecom gearmaker Ericsson's senior vice-president Nunzio Mirtillo believes that India will see one of the fastest 5G adoptions in the world
All telcos have commented on devising a new legal framework to govern India's telecommunications sector
Takes over from Ravinder Takkar, whose three-year term ends on August 18
Vi said that it is providing free access to the test prep material for Agniveer along with many other government job exams on the Vi jobs and education platform for one month.
The reaction comes even as Adani Group said it does not intend to be in the consumer mobility space
This is the second capital raise by the Indian company in two months after Rs 4,500 crore infusion from its promoters.
Vodafone Idea on Monday said it has boosted the 4G experience of its customers in the national capital region, with multiple network initiatives that spurred better indoor coverage and faster speeds.
Debt-ridden telecom operator Vodafone Idea expects the government to complete conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks, a top official said
Shares of telecom operator Vodafone Idea gave up early gains and settled 1 per cent lower amid profit-taking on Wednesday. In early trade, it had gained 4 per cent, a day after the company reported narrowing of its consolidated losses to Rs 6,563.1 crore for the fourth quarter ended March 2022. The stock jumped 3.31 per cent to Rs 9.03 during the day on the BSE. However, later it gave up early gains and settled at Rs 8.65 apiece, down 1.03 per cent. On the NSE, it dipped 0.57 per cent to end at Rs 8.65 apiece. On Tuesday, Vodafone Idea reported narrowing of its consolidated losses to Rs 6,563.1 crore for the fourth quarter ended March, compared to the same period of the previous year, while its realisation per user or ARPU improved sharply on a sequential basis aided by November tariff hikes. VIL's losses were at Rs 7,022.8 crore a year ago, as per a company filing. Its revenue from operations rose 6.6 per cent year-on-year to Rs 10,239.5 crore in the fourth quarter of FY22. Seen
The company earlier held 44.39 per cent stake in Vodafone Idea Limited (VIL)