Page 53 - Vodafone Idea

Voda Idea Rs 25,000-cr rights issue fully subscribed, will help cut debt

Market players said the attractive discount of 27 per cent to closing price of Wednesday prompted most existing investors to subscribe

Synergy will bring in Rs 6,200 crore, Vodafone Idea says in capex plan

The capital push comes from a strong need to match rivals on the 4G subscriber base

Challenging times for Vodafone Idea

It could get pushed out unless it converts its voice-only customers to data users

Foreign investors may invest Rs 18,000 cr in Voda Idea rights issue: Report

The board of directors of Vodafone Idea on March 20 cleared the planned Rs 25,000-crore rights issue at a price of Rs 12.50 per equity share, a steep 61% discount to the prevailing market rate

Vodafone Idea board approves Rs 25,000 crore rights issue at 60% discount

Discount of 33% to post-issue adjusted price, 60% to current price

Voda Idea may soon lose top spot in terms of revenues, subscribers: Experts

Vodafone Idea lost 35 million subscribers in the third quarter ended December 2018 alone

Vodafone Idea plans Rs 25000-cr stock sale at sharp discount; shares tumble

Shareholders will be able to buy 87 shares for every 38 shares held for an issue price of Rs 12.50 apiece, the firm said in a statement

Cabinet okays Vodafone Idea's up to Rs 25,000 crore rights issue

Last month, the board of directors of Vodafone Idea Ltd had approved Rs 25,000 crore fundraising plan by way of rights issue to the existing eligible equity shareholders

Airtel, Vodafone-Idea fibre JV a business opportunity for PE funds

The firms would want to demerge their fibre assets and give it to a third company, making their balance sheets lighter and providing an annuity stream for investors

Regulations in last 2 yrs against every telco except Jio: Vodafone CEO

Vodafone Chief Executive Officer Nick Read highlighted that its business in India has gone through a tough period but now, the company is well-positioned to play in the country

Vodafone Idea not in favour of 5G spectrum auction before 2020: CTO

Vishant Vora said the full integration of the two telecom networks post the mega merger last year is "on track" and expected to be completed by June 2020

Telecom dept floats Voda-Idea FDI plan Cabinet note ahead of rights issue

Last month, the Vodafone Idea board of directors had approved a Rs 25,000-cr fund-raising plan by way of a rights issue to existing eligible equity shareholders

Vodafone Idea to invest Rs 20,000 cr in networks over 15 months: Officials

The company is also planning to raise Rs 25,000 cr through rights issue

Vodafone Idea Q3 loss widens to Rs 5,004 crore, loses 35 million customers

Compared to a 7.1 per cent decline in Q2, the revenue decline slowed on a quarter-on-quarter basis in the third quarter of 2018-19

Vodafone Idea reports Rs 5,005-crore loss for Oct-Dec quarter post merger

The loss after tax was Rs 5,005 crore in the quarter ended December 31, the company said in a statement. Revenue from operations was Rs 11,765 crore.

Vodafone chief meets telecom secretary, seeks relief for Voda-Idea

Vodafone Idea, along with Bharti Airtel, has requested the government to defer spectrum payment instalments with a two-year moratorium given the losses that these players are facing

Vodafone Idea board approves plan to raise Rs 25,000 cr via rights issue

Vodafone Idea has undertaken a Rs 25,000 crore equity infusion in addition to its tower and fibre asset monetisation plans to continue the capex

Vodafone Idea prepares Rs 25,000-cr war chest to fight Mukesh Ambani

Jio stormed into the world's second-largest phone market in 2016 by offering free wireless services for months

Voda Idea seeks 2-year moratorium for paying Rs 10,000 cr spectrum charge

Vodafone and Idea participated in five spectrum auctions in 2010, 2012, 2014, 2015 and 2016 before merging their businesses in August 2108.

Here's why Vodafone Idea is losing to Reliance Jio on several fronts

Vodafone Idea is involved in rationalising subscribers at the lower end but that is not viable in shoring up the ARPU