Vodafone Idea, an Indian telecom provider, announced on 1 January that it had been hit with a penalty of 6.38 billion rupees, or around $71 million, for allegedly "short payment" of taxes. A day after the Indian government gave the indebted company a partial suspension on adjusted
The Union Cabinet on 31 December approved a support package that freezes a significant portion of Vodafone Idea's Adjusted Gross Revenue (AGR) dues, providing significant respite for the indebted telecom company. According to reports, the ruling has frozen Vodafone Idea's AGR dues, which total INR 87,
The quest for spectrum in the 6 gigahertz (GHz) band for mobile services by Reliance Jio and Vodafone Idea has been met with opposition from major U.S. tech companies Apple, Amazon, Cisco, Meta, HP, and Intel Corporation. Instead, the IT majors wanted the whole 6 GHz range to be
Bharti Airtel will now pursue its appeal with the government for a similar evaluation, one day after the Supreme Court ordered the government to reevaluate the adjusted gross revenue (AGR) dues from Vodafone Idea for up to FY17. In an earnings call, Gopal Vittal, the managing director and vice chairman
Following the Supreme Court's decision to permit the Central government to re-examine the matter of reevaluating the telecom operator's adjusted gross revenue (AGR) obligations, Vodafone Idea's stock price surged by more than 9% on Monday. Following the SC's decision, Vodafone Idea'
As the government looks to improve relations with the UK, India is thinking of settling its long-standing demand for billions of dollars in past-due fees from Vodafone Group Plc's struggling local business once and for all, according to people familiar with the situation. As per various media reports,
Due to concerns that the telecom operator would fail without executive latitude, the Centre, which already owns the largest equity in Vodafone Idea (Vi) through the conversion of previous receivables into stock, is considering a number of options to give the telco additional relief on outstanding regulatory dues of INR
Amid concerns over its long-term viability, the Indian government is presently addressing Vodafone Idea's (Vi) financial difficulties and contemplating relief measures. Vi might not be able to fulfil obligations after 2028–2029 if payment terms are not even extended to adjusted gross revenue (AGR) dues. Although measures like
telecom industry
Telecommunication companies are entities that facilitate communication and connectivity without the need for physical interaction. Whether it's making phone calls, accessing the internet, or exchanging written messages via emails and SMS, the telecom sector offers comprehensive solutions at our fingertips. Through the use of cables, wires, waves, and
The petitions filed by Vodafone Idea (Vi), Bharti Airtel, and Tata Teleservices asking for a waiver of their long-standing adjusted gross revenue (AGR) obligations were denied by the Supreme Court on 20 May. As part of their AGR obligations, the telcos sought relief from the payment of interest, penalties, and
A complete blackout has been reported by several Vi users, who report that they were unable to access any network services. After midnight, more than 1880 reports about Vodafone Idea network issues were displayed by Downdetector, which monitors such outages.
👨💻StartupTalkers
In the high-stakes world of Indian telecommunications, where industry giants battle for dominance and rapid technological shifts define market dynamics, Akshaya Moondra has been the steady hand guiding Vodafone Idea (Vi) through its most turbulent era. As the CEO since August 2022, Moondra inherited a company grappling with financial distress,
Vodafone Idea (Vi) stock price jumps 20% after government converts spectrum dues into equity.
On 30 March, Vodafone Idea (Vi) announced that the government would increase its ownership of the struggling telecom carrier from 22.6% to around 49%. The government will achieve this goal by converting its outstanding spectrum auction dues into equity shares valued at INR 36,950 crore. Currently, the major
Following a spike in its share price, telecom giant Vodafone Idea Ltd. clarified on 19 March its ongoing talks with satellite communication providers, including Starlink. Following media speculations of a possible partnership, the corporation said that these talks are part of its regular business plan to improve service quality and
Collections 🗒️
The Maha Kumbh Mela of Hindus, celebrated 144 years ago, is a religious event that is attended by millions of pilgrims from all over the world. The pilgrims are from far away to four places in India - the Holy cities of Prayagraj (Allahabad), Haridwar, Ujjain, and Nashik. Based on
📄Company Profiles
Since its entry into India in 2007, Vodafone has established itself as a trusted mobile service provider in the country. After the launch of Reliance Jio, the company is facing tough competition in India, and some are even speculating the shut down of the company in India. Besides India, Vodafone
News 📰
A report published by TRAI in January 2021, earlier said that the Telecom company Vi had added more subscribers to their user base but the most recent news suggests that the company has lost around 2.3 million users in their user base. Let’s look at the reasons for
👨💻StartupTalkers
Kumar Mangalam Birla is an Indian businessperson who is serving as the Chairman of Aditya Birla Group [https://startuptalky.com/case-study-of-aditya-birla-group/] and Vodafone Idea Limited [https://startuptalky.com/vodafone-idea-merger-rebranded/]. He is the chancellor of the Birla Institute of technology & Science. He also serves as the Chairman of the Indian
News 📰
Vodafone idea merger has rebranded and has revealed its new integrated brand identity – Vi. The new branding has been updated on the website and app, and will make its way to all products including SIM cards, bills, billboards, and more. The telecom companies merged on 31 August 2018 and was