Page 47 - Vodafone Idea

AGR impact: Banks nervous as losses mount for Vodafone Idea, Airtel

Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity

Delay in bringing zero call-connect charges to hurt telecom sector: Jio

Traffic symmetry indicates that a telecom operator will not have any outstanding balance of interconnect usage charges (IUC) against other networks

Vodafone Idea exploring options to monetise data centres to pare debt: CEO

Vodafone Idea also derecognised the deferred tax assets amounting to Rs 13,940 crore recorded up to June 30, 2019

Govt aware of telcos' stress, wants 3 private players: Voda Idea CEO

On a specific question on minimum tariff fixation, Takkar said he did not wish to speculate on how floor price mechanism can be implemented

Top headlines: Consumer spend, Singh bros, Essar Steel case, and more

From NSO data on consumer spending to Walmart International's sales growth, here are the top news stories that made headlines today

Why Vodafone-Idea is in trouble despite being India's No. 2 telecom firm

Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore for the July-September quarter, the highest-ever quarterly loss by an Indian company

Govt determined to see 3 pvt players in telecom sector: Vodafone Idea CEO

The CEO said that Vodafone Idea had not accelerated payments to any banks.

Delaying zero IUC regime will hurt affordability of telecom services: Jio

Airtel said that IUC should not come down to zero and the BAK regime should be postponed by at least three years

Vodafone pleads for govt relief after posting worst quarterly loss in India

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay fees the government said were due from prior years

Market Ahead, Nov 15: Top factors you need to know before the Opening Bell

Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore, the highest-ever for an Indian company, in the September quarter after it provided for payments related to AGR

Vodafone Idea net worth down 70%, Bharti Airtel hurt but still in the game

Vodafone Idea's net debt to equity ratio has jumped to a record level of 4.5x at the end of September this year, as against 1.24x at the end of June and 1.8x at March-end

AGR impact: Voda Idea posts biggest quarterly loss in India Inc history

AGR liability leads to pre-tax loss of Rs 36,959 crore

Voda CEO Nick Read spoke out about telecom mess: Why he said what he said

Read has retracted his criticism, but he was pointing out the obvious - the current pricing regime is unsustainable

Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years

DoT asks internet services providers to give audited AGR reports by Nov 28

Officials said PGCIL, Gail, RailTel, Oil India, and DMRC are likely to be sent letters for paying the AGR that can run into crores

Liquidation of Voda-Idea may mean Rs 1.7-trillion hit for shareholders

A collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group

Policy instability reigns

Investors will see government action as primary risk

Govt objects to Voda CEO's comments on India JV being pushed to liquidation

The central government has objected to the reported comments of Nick Read, chief executive of Vodafone, that the India unit of the telecom major was headed for liquidation due to, among other factors, the Supreme Court decision requiring payment of Rs 28,300 crore as spectrum dues.According to media reports, Union telecom and communications minister Ravi Shankar Prasad spoke to Vodafone Idea chairman Kumar Mangalam Birla to express displeasure. Vodafone Plc, the parent entity, says its chief's comments were taken "out of context", presenting an incorrect picture. Vodafone Plc owns 44.3 per cent stake in Vodafone Idea; the Aditya Birla Group holds 26.5 per cent.According to the transcript of Read's utterances, he'd told analysts that due to the Supreme Court's ruling on the correct way to determine telecom company dues from their Adjusted Gross Revenue (AGR), on top of the financial stress already present, the situation of the telecom sector in India and at Vodafone Idea was a ...

Big adversities and some mistakes: The story of Vodafone's fall in India

What adds to Nick Read's worries is the Supreme Court judgment, which has directed the telcos to pay their outstanding amount within three months

No relief for telcos: Govt wants all AGR dues paid within three months

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