Vodafone Idea has finally rolled out the eSIM for prepaid users in New Delhi. The option is already available in cities like Mumbai and Goa. An eSIM is a digital SIM card inside your phone, so you don’t need a physical card. You can activate it from your phone’s settings or by scanning a code, …
Debt-laden Vodafone Idea will allot equity shares worth ₹1,440 crore from optionally convertible debentures, or OCDs, to ATC Telecom Infrastructure, the loss-making carrier told the Bombay Stock Exchange on Tuesday. ATC will hold 2.9% of the revised shareholding after conversion, the company told Mint. “As per the terms of the OCDs, on March 18, 2024, …
Telecoms giant Vodafone announced on Friday, March 15, that it has agreed to sell its Italian unit to Swisscom for eight billion euros ($8.7 billion) in cash, completing efforts to overhaul the UK group’s European operations, according to a report by AFP. Vodafone, which previously rejected offers from French billionaire Xavier Niel’s Iliad group for …
Mumbai: Vodafone Idea (Vi) has invited its shareholder to participate in the extraordinary general meeting (EGM) on April 2 to approve the company’s Rs 20,000 crore equity fund-raising plan. Last week, Vi announced that the company’s Board of Directors has approved a raising of Rs20,000 crore through a combination of equity and equity-linked instruments. These …
Barcelona: US-based open radio access network or OpenRAN provider Mavenir expects to land a full commercial deal from Vodafone Idea for deploying 5G network by the end of the year, top executives of the company said in an exclusive interaction with Mint in Barcelona, on the sidelines of the Mobile World Congress. The technology provider …
Shares of Vodafone Idea fell 10% to hit a lower circuit of Rs 14.30 after the company’s board approved raising Rs 45,000 crore through a combination of debt and equity. On February 27, the company’s board approved to raise funds through equity and equity-linked instruments up to Rs 20,000. Further, the company is also mulling …
Vodafone-Idea: Cash-strapped private telecom operator, Vodafone-Idea, on Tuesday saw its board approve a ₹45,000-crore fund raising initiative—including a ₹20,000 crore equity-based fund raise from existing investors. A shareholder meet for the fund raise is expected to take place on 2 April, post which the operator expects to complete the equity fund raise by the end …
New Delhi: Cash-strapped private telecom operator, Vodafone-Idea, on Tuesday saw its board approve a ₹45,000-crore fund raising initiative—including a ₹20,000 crore equity-based fund raise from existing investors. A shareholder meet for the fund raise is expected to take place on 2 April, post which the operator expects to complete the equity fund raise by the …
Shares of Vodafone Idea Ltd continued their strong upward move for the second straight session in Friday’s trade after the telecom operator said it is considering raising funds via routes including a rights issue or a further public offer of shares. The stock today jumped 12.90 per cent to hit a day high of Rs …
NEW DELHI :Vodafone Idea will prioritize payments of vendor dues from internal cash generation starting FY26, after settling a bulk of the outstanding debt of ₹5,400 crore in the next fiscal year, its chief executive officer Akshaya Moondra said at an earnings call on Tuesday. “The easing of debt situation does help us in setting …