Telcos to soon get bank guarantee waiver letters

 21 Dec 2024 12:08 AM

The Department of Telecommunications (DoT) is set to issue bank guarantee (BG) waiver letters to telecom operators, offering significant relief to Vodafone Idea (Vi). This move, awaiting final approval from the communications minister, will waive over ₹24,700 crore in BGs for Vi, enabling the telco to secure loans for network expansion and 5G rollout, boosting competition against rivals.

US shutdown likely, but no cause for panic: Anurag Singh

 20 Dec 2024 10:37 AM

Government should not be empowered to just spend it the way they like. It is like a budget in the Indian Government except that they have it every year, but they present it. I do not think getting rid of it is a good idea; but having said this, if Democrats are in power, they want to get rid of it and if Republicans are in power, they want to get rid of it too. It depends on who holds the congress.

Trai move on int'l SMSes unlikely to help Reliance Jio, Bharti Airtel and Vodafone Idea's cash flow

 19 Dec 2024 11:33 PM

Last week, Trai issued recommendations to industry definitions of 'international' and 'domestic' traffic, which were missing in the Unified Licence so far. These recommendations need Department of Telecommunications approval to come into effect. The notice read, "Any incoming application to person (A2P) SMS message shall be treated as an international SMS message, if it cannot be generated, transmitted or received without the use or intervention of any electronic device, computer system or computer application located outside India".

Proposal to impose 35% GST on 'sin goods' not a good idea: SJM

 18 Dec 2024 03:16 PM

The Swadeshi Jagran Manch, along with other trade bodies, criticizes the proposed 35% GST on "sin goods" like tobacco and aerated beverages. They argue this higher tax slab will fuel smuggling, revenue loss, and harm small retailers while burdening consumers. They urge the government to simplify GST and reduce rates instead.

VODAFONE IDEA: CO'S CAPEX PLAN FOR RUPEES 500-550B IN NEXT 3 YRS || CO EXPECTED CAPEX FOR 2H FY25 IS RUPEES 80B || CO SAYS MORE PRICE UPTICK NEEDED FOR REASONABLE RETURNS

 13 Dec 2024 12:30 PM

VODAFONE IDEA: CO'S CAPEX PLAN FOR RUPEES 500-550B IN NEXT 3 YRS || CO EXPECTED CAPEX FOR 2H FY25 IS RUPEES 80B || CO SAYS MORE PRICE UPTICK NEEDED FOR REASONABLE RETURNS

Vodafone Idea, YES Bank among top 10 wealth destroyers in last five years: Motilal Oswal

 11 Dec 2024 01:42 PM

Vi Inks three-year deal network gear pact with Tejas

 10 Dec 2024 11:35 PM

Tejas Networks secured a three-year contract with Vodafone Idea (Vi) to provide backhaul equipment for Vi's 4G and 5G networks. This marks Tejas Networks' first deal with a private telecom carrier in India. Vi aims to enhance its network capacity and performance using Tejas's equipment as it expands its 4G and 5G rollout.

TEJAS NETWORKS: VODAFONE IDEA SELECTS CO TO SCALE ITS BACKHAUL CAPACITY FOR 4G AND 5G ROLLOUTS

 10 Dec 2024 08:01 AM

TEJAS NETWORKS: VODAFONE IDEA SELECTS CO TO SCALE ITS BACKHAUL CAPACITY FOR 4G AND 5G ROLLOUTS

Vodafone Idea to raise Rs 1,980 crore from parent Vodafone PLC via preferential issue

 09 Dec 2024 07:09 PM

Vodafone Idea (Vi) is raising Rs 1980 crore from its promoter Vodafone Group Plc by issuing fresh equity on a preferential basis, after the UK parent sold its residual stake in Indian telecom tower unit Indus Towers last week.

Vodafone Idea to issue shares worth Rs 1,980 crore on a preferential basis, sets price at Rs 11.28/share

 09 Dec 2024 04:54 PM

Debt-ridden telecom company Vodafone Idea's board of directors on Monday approved issuance of up to 1,75.53 crore equity shares worth Rs 1,980 crore on a preferential basis. The company has set the issue price at Rs 11.28 per share.