Jio tops sub addition even as incumbents continued with stronger active subscriber base
Data compiled by Bloomberg shows the stock of the telecom major was among the top 5 losers in the regional index in local currency terms
The company said that fresh need for quality radiowaves would arise only once the 5G ecosystem was ready
Other resolutions pertain to appointment of D Bhattacharya, Ravinder Takkar, Thomas Reisten, Vivek Badrinath as non-executive directors.
The stock dipped 6% to Rs 35.60 on the BSE after the rating agency CRISIL has downgraded its rating on non-convertible debentures of Rs 60 billion.
While Vodafone Idea is the largest telecom operator in the country, it continues to be under debt burden of around Rs 1.2 trillion, and has been losing mobile customers
Will not try to own the value chain of services like rivals but know that consumers have the capacity to spend, says CEO
No clarity on when the pricing situation will improve in the domestic market, says the company
Analysts feel that even after an equity infusion of Rs 250 billion, VIL's net debt would remain high
The stock slipped 9% to Rs 37.60 on the BSE after the telecom services provider said its pro-forma consolidated Ebitda declined 28.7% at Rs 9.78 billion in Q2FY19 sequentially.
Vodafone says integration of both firms will deliver synergy targets of Rs 140 bn annually
This is the first quarterly result since Vodafone Plc merged its Indian operations with Idea Cellular in August, creating the country's largest telecom operator by subscribers and revenue
Idea looks to retain its old identity in its first major campaign under the newly merged network, hopes to lead consumers gently into the new reality
While the market share loss was 50 basis points in July, further losses will bring its subscriber market share below the 40% mark
The scheme is subject to approval of the National Company Law Tribunal
The NCDs have the maturity period of 5 years and have been offered at interest rate of 10.9 per cent per annum
The company starts on a strong wicket with revenue leadership in nine telecom circles and the highest number of subscribers in 12 circles
The immediate challenge for Vodafone India would be to arrest the declining revenue share
The Department of Telecommunications (DoT) has given its nod to the proposed merger which is expected to create India's largest telecom service provider
Experts from telecom, branding and advertising put one of the biggest brand alliances under scanner