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Vodafone Idea plans to raise ₹45,000 crore to match rivals Jio and Airtel

Vodafone Idea plans to raise ₹20,000 cr for 5G rollout and 4G services.
business
Updated on Feb 28, 2024 12:03 AM IST

Vodafone completes merger with Idea, creates India’s largest mobile operator

A regulatory filing by Idea said it will be renamed as Vodafone Idea Ltd, following the completion of all formalities and approvals.
business
Updated on Aug 31, 2018 12:44 PM IST

Govt gives final nod to Vodafone-Idea merger, to form India’s largest telecom operator

Branding hangs outside a Vodafone shop in Oxford, Britain, May 16, 2017. REUTERS/Toby Melville/File Photo
business
Published on Jul 26, 2018 04:01 PM IST

Idea-Vodafone merger approved, some formalities pending: Telecom minister

here have been industry speculations that Idea Cellular and Vodafone may challenge in court the demand of ₹3,976 crore for one time spectrum charge of Vodafone India, and joint bank guarantee of ₹3,342 crore sought by DoT before it grants final approval for the merger.
business
Updated on Nov 02, 2019 12:50 AM IST

Telecom ministry clears Idea-Vodafone merger with conditions

The Department of Telelcom has asked Idea Cellular to pay ₹3,926 crore in cash for Vodafone spectrum and furnish a bank guarantee of ₹3,342 crore, a source told PTI.
business
Updated on Jul 10, 2018 12:04 AM IST

Idea Cellular Q4 net loss widens nearly 3-fold to Rs 930.6 cr

A man speaks on his mobile phone as he sits in front of a shop displaying the Idea Cellular Ltd's logo on its shutter in Mumbai on April 28.
business
Updated on Apr 28, 2018 04:48 PM IST

Not obligated to provide interconnectivity to Jio: Vodafone to Delhi High Court

TRAI has recommended imposition of a fine of ₹50 crore for each of the 21 circles of Vodafone, except in Jammu and Kashmir, which totals ₹1,050 crore.
business
Published on Apr 24, 2018 07:47 PM IST

Not obligated to provide interconnectivity to Reliance Jio, Vodafone tells HC

A man casts silhouette onto an electronic screen displaying logo of Vodafone India in Mumbai.
business
Updated on Apr 24, 2018 07:26 PM IST

Aditya Birla Group in talks to raise $1 billion for Idea Cellular

In January, Aditya Birla group had said that it would invest Rs3,250 crore in Idea Cellular to strengthen its balance sheet.
business
Published on Apr 17, 2018 01:03 PM IST

DoT awaits FDI clearance for Idea to approve merger with Vodafone

Idea and Vodafone are separately paying rental for 6,300 mobile sites which will be synced for merged entity within two years.
business
Published on Apr 15, 2018 01:21 PM IST

Jio 4G download speed more than twice as high as that of Airtel in January: TRAI

Jio’s 4G download speed was more than two times of rival Bharti Airtel’s average peak speed of 8.8 mbps in the reported month.
business
Published on Mar 29, 2018 05:54 PM IST

Vodafone-Idea merger in final stages of approval, says telecom secy

The Vodafone-Idea merged entity is projected to be worth over $23 billion with a 35% market share.
business
Updated on Mar 27, 2018 04:05 PM IST
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