Vodafone Idea seeks 30 more days to pay ₹1,680 cr spectrum auction instalment
1 year, 4 months ago

Vodafone Idea seeks 30 more days to pay ₹1,680 cr spectrum auction instalment

Hindustan Times  

Debt-ridden Vodafone Idea has sought 30 days more time to pay around ₹1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. Vodafone idea has also acquired a 5G spectrum in mid-band and millimetre wave in the 26 GHz band in July 2022 spectrum auction. "We have submitted a letter to DoT that we propose to pay the spectrum auction instalments of ₹1,680 crore towards the 2022 auction, which is due on August 17, by availing the grace period of 30 days with interest, in accordance with the terms of NIA," Vodafone Idea chief financial officer Murthy GVAS said during the earnings calls. Vodafone Idea Chief Executive Officer Akshaya Moondra during the call said that the company's discussion with investors and banks has progressed well and expects to close funding in the coming quarter.

Pay Company Auction Crore Quarter Idea Vodafone Spectrum Vodafone Idea Moondra Seeks 30 Spectrum Auction Instalment  stood  spectrum  moondra  idea  needs  crore  funding  company  quarter  days  auction  vodafone  cr  instalment  pay  seeks  30

History of this topic

Airtel pays off ₹3,626 crore spectrum dues to Telecom Dept. for purchases in 2016
5 days, 8 hours ago

Airtel pays off ₹3,626 crore spectrum dues to Telecom Dept. for purchases in 2016

Live Mint  

Telecom major Bharti Airtel Ltd. announced on Thursday, December 19, that the company has paid off ₹3,626 crore in dues, which it owed to the Department of Telecom for the spectrums it acquired in 2016, according to an official statement. In the exchange filing, Bharti Airtel said that “it has prepaid ₹3,626 crores to the Department of Telecom clearing all …

Vodafone Idea share price climbs over 2%; here’s why
2 weeks ago

Vodafone Idea share price climbs over 2%; here’s why

Live Mint  

Vodafone Idea share price climbed over 2 per cent in early trade on Tuesday, December 10, a day after the company announced its board of directors had approved the issuance of up to 175.53 crore shares on a preferential basis to two Vodafone Group entities to raise up to ₹1,980 crore. Vodafone Idea share price opened at ₹8.25 against its …

Vodafone Idea board to meet today and decide on ₹2,000 crore fundraise
Trending News
2 weeks, 1 day ago

Vodafone Idea board to meet today and decide on ₹2,000 crore fundraise

Hindustan Times  

Vodafone Idea’s board will reportedly meet on Monday, December 9, 2024 to consider raising up to ₹2,000 crore through equity shares or convertible securities on a preferential basis to clear its debts with Indus Towers. Vodafone Idea said it will use the remaining proceeds towards a new issue of equity shares after the board decides the terms of capital Paying …

Vodafone Idea to consider raising funds worth ₹2,000-crore on Dec 9 via preferential issue to promoter group
2 weeks, 5 days ago

Vodafone Idea to consider raising funds worth ₹2,000-crore on Dec 9 via preferential issue to promoter group

Live Mint  

Vodafone Idea announced on Thursday, December 5, that its board will consider a proposal to raise ₹2,000 crore via preferential equity issuance belonging to Vodafone Group, one of its promoters. “A meeting of the Board of Directors of the company is scheduled to be held on Monday, 9 December 2024, inter-alia, to consider a proposal for raising of funds not …

India: Telecom debt crosses ₹4 lakh crore in FY24
3 weeks, 6 days ago

India: Telecom debt crosses ₹4 lakh crore in FY24

Deccan Chronicle  

New Delhi: The government on Wednesday said that the total debt on four major telecom operators in the country, including Reliance Jio, Bharti Airtel and Vodafone Idea stood at over Rs 4 lakh crore in the financial year 2024, with state-owned Bharat Sanchar Nigam Limited recording the lowest debt among competitors at Rs 23,297 crore. According to data shared by …

Telcos to ring-in profit gains. Airtel leads the pack in September quarter
3 weeks, 6 days ago

Telcos to ring-in profit gains. Airtel leads the pack in September quarter

Live Mint  

It was a foregone conclusion that Indian private telecom companies would do well in the September quarter thanks to the tariff hikes taken in July and the ongoing premiumization trend of SIM card upgrades. This has played out with aggregate wireless revenue for the three private telcos—Reliance Jio Infocomm Ltd, Bharti Airtel Ltd’s India arm, and Vodafone Idea Ltd—rising by …

Bank guarantee waiver to help Vodafone Idea's debt funding plans, reduce financial burden
4 weeks ago

Bank guarantee waiver to help Vodafone Idea's debt funding plans, reduce financial burden

Live Mint  

Vodafone Idea's plan to raise ₹35,000 crore may get a shot in the arm from the Union Cabinet's decision to waive bank guarantees from telecom operators for airwaves bought in auctions till 2022. The Union Cabinet approved a proposal to waive bank guarantees that telecom service providers need to submit for spectrum auctioned till 2022,Mint reported on Tuesday. Despite the …

Adani mulls surrender of 5G spectrum after more than 2 years of purchase
1 month ago

Adani mulls surrender of 5G spectrum after more than 2 years of purchase

Live Mint  

Adani Data Networks, a subsidiary of Adani Enterprises, which bought 5G spectrum in the 26 GHz band in the 2022 auctions, is mulling surrendering the airwaves after more than two years of not putting them to use, said four people aware of the development. Telcos have to launch 5G services anywhere in the licensed service area in metro areas and …

91% upside potential! Nomura is bullish on telecom stock Vodafone Idea post Q2 results, retains ’buy’ call
1 month, 1 week ago

91% upside potential! Nomura is bullish on telecom stock Vodafone Idea post Q2 results, retains ’buy’ call

Live Mint  

Following better-than-expected September quarter results, global brokerage firm Nomura India has reaffirmed its 'Buy' rating on Vodafone Idea, setting a target price of ₹14. Q2 Earnings Performance Vodafone Idea's financials for the September quarter showed a narrowing of losses to ₹7,175 crore from ₹8,746 crore in the same period the previous year. Investment Rationale and Strategic Outlook Nomura India outlined …

Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156
1 month, 1 week ago

Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156

Live Mint  

Vodafone Idea Ltd’s losses narrowed to ₹7,175 crore in the September quarter, down from ₹8,746 crore a year earlier, as revenues edged up to ₹10,932 crore from ₹10,716 crore. Funding and capex plans Backed by the Aditya Birla Group, Vodafone Idea is currently in discussions with lenders to secure ₹35,000 crore in debt funding to fuel its network expansion. Earlier …

5 Vodafone Idea's plan under Rs 300 with up to 26 days validity: Details here
3 months ago

5 Vodafone Idea's plan under Rs 300 with up to 26 days validity: Details here

India TV News  

Vodafone Idea, one of India's popular telecom service providers, has taken a surprising step by reducing the validity of two of its existing prepaid recharge plans. Rs 155 Plan for 20 days The Rs 155 prepaid plan from Vi includes unlimited voice calls 300 SMS 1 GB of data, all with a validity of 20 days. Rs 179 plan for …

Vodafone-Idea plans to become expensive from July 4: Here are the new rates
5 months, 3 weeks ago

Vodafone-Idea plans to become expensive from July 4: Here are the new rates

India TV News  

After Airtel and Jio, Vodafone-Idea has also decided to increase its mobile tariffs. Plans will become more expensive from July 4 According to a PTI report, Vodafone Idea stated that the company had designed an excellent range of feature-rich plans to meet the diverse needs of its consumers. At the same time, the price of the company's popular plan with …

Telcos bid ₹11,340 crore for expiring spectrum; Airtel leads
5 months, 4 weeks ago

Telcos bid ₹11,340 crore for expiring spectrum; Airtel leads

The Hindu  

Bharti Airtel Ltd. spent the most on retaining and acquiring new spectrum in the latest auction of airwaves concluded on Wednesday after seven rounds of bids. “As auction for 5G spectrum was held recently and 5G monetization is still in progress, no bidding took place in 800MHz, 2300MHz, 3300MHz and 26GHz bands,” the Department of Telecommunications said in a statement. …

Govt earns ₹11,340 crore from Spectrum Auction 2023-24
5 months, 4 weeks ago

Govt earns ₹11,340 crore from Spectrum Auction 2023-24

Op India  

The Department of Telecommunications, under the Ministry of Communications, has successfully concluded the Spectrum Auction 2023-24, marking a step in meeting the evolving spectrum needs of India’s telecom service providers. The auction offered spectrum across the 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz, and 26 GHz bands. The auction saw participation from all …

Centre Got Rs 11,300 Crores from India's Second Spectrum Sale
5 months, 4 weeks ago

Centre Got Rs 11,300 Crores from India's Second Spectrum Sale

Deccan Chronicle  

New Delhi: Witnessing a low demand from telecom operators, the Centre is likely to have garnered over Rs 11,300 crore from India’s second spectrum sale in selling airwaves across the bands, which ended in two days after seven rounds on Wednesday noon. Telecom giant Bharti Airtel emerged as the top bidder, which may have bought spectrum worth around Rs 9,000 …

Spectrum auction ends in just two days with bids worth ₹11,340 crore
5 months, 4 weeks ago

Spectrum auction ends in just two days with bids worth ₹11,340 crore

The Hindu  

An auction of radiowaves that carry voice and data signals for mobile phones ended within two days on June 26, garnering less than 12% of the ₹96,238 crore minimum value that the government had estimated for the spectrum on offer. “The auction, where a total of 10 GHz of spectrum ranging between 800 MHz to 26 GHz was offered, got …

Spectrum auction Day 1: Telecoms place bids worth about ₹11,000 crore in 5 rounds: 6 Key things to know
5 months, 4 weeks ago

Spectrum auction Day 1: Telecoms place bids worth about ₹11,000 crore in 5 rounds: 6 Key things to know

Live Mint  

Telecom operators have placed bids worth ₹11,000 crore on the first day of the spectrum auctions that saw five rounds of bidding, reported PTI quoting anonymous sources. “Telecom operators have placed bids of around ₹11,000 crore on Day 1. Telecom companies like Bharti Airtel Limited, Vodafone Idea Ltd, and Reliance Jio Infocomm Ltd, were the three to take part in …

India to auction ₹96,318 crore telecom spectrum on Tuesday
6 months ago

India to auction ₹96,318 crore telecom spectrum on Tuesday

Hindustan Times  

The Department of Telecommunications will begin the auction of ₹96,317.65 crore of spectrum on Tuesday. Representational The background On February 8, the Union Cabinet approved the auction of 10,523.15 megahertz of spectrum across bands at a reserve price of ₹96,317.65 crore, Business Standard wrote. Combined with much lower demand for spectrum and a cautious stance adopted by market leader Reliance …

Department of Telecom defers spectrum auction to June 25
6 months, 2 weeks ago

Department of Telecom defers spectrum auction to June 25

The Hindu  

The Department of Telecom on June 4 postponed the spectrum auction by 19 days to June 25, as per information available on its website. According to amendments made in the notice inviting applications for bids on Tuesday, the new date for "start of the live auction" has been changed to June 25 from June 6. All the available spectrum in …

Vodafone Idea (Vi) launches new prepaid plan with 180GB data: Details here
6 months, 4 weeks ago

Vodafone Idea (Vi) launches new prepaid plan with 180GB data: Details here

India TV News  

Jio, Airtel and Vodafone Idea - three leading telecom companies of India have been coming up with several recharge plans to cater for the needs of the have been launching several new plans to woo their customers. Vodafone Idea, the third-largest telecom service provider, has come up with new prepaid plans for users. Vi's new prepaid plan is particularly appealing …

Vodafone Idea shares jump 7.5% on global broking firm UBS upgrade
7 months ago

Vodafone Idea shares jump 7.5% on global broking firm UBS upgrade

Business Standard  

A 'likely' relief on the government dues front for Vodafone Idea and expectations of telecom tariff hikes could drive the share prices up by 70-80 per cent, global broking firm UBS said in a report. "Assuming AGR dues are completely waived off, our DCF value could increase to Rs 24 per share, versus Rs 12 when there is no waiver. …

Government proposes Spectrum auction in various bands: All you need to know
9 months, 2 weeks ago

Government proposes Spectrum auction in various bands: All you need to know

India TV News  

The Department of Telecommunications of the Indian government has proposed to auction the right to use specific radio spectrum frequencies in multiple bands this time, which will include sub-1 GHz bands like 800 MHz and 900 MHz, along with mid-bands like 2100 MHz, 1800 MHz, 2500 MHz, 2300 MHz, 3300 MHz, and 26 GHz Band. Total spectrum offered and validity …

Jio vs Airtel vs VI for spectrum auction on May 20: Centre sets base price at…
9 months, 2 weeks ago

Jio vs Airtel vs VI for spectrum auction on May 20: Centre sets base price at…

Hindustan Times  

The Department of Telecommunications on Friday released the date for the auction of eight spectrums of mobile internet, and all major telecom companies are expected to battle it out. Centre to commence internet spectrum auction from May 20 Government will auction eight spectrum bands for mobile phone services at a base price of ₹96,317.65 crore. It is expected that Reliance …

Spectrum auction to start from May 20
9 months, 2 weeks ago

Spectrum auction to start from May 20

The Hindu  

Auctions for telecommunications spectrum in the high-frequency bands of 800 megahertz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz, and 26 gigahertz will be held on May 20, the Department of Telecommunications announced on March 8, inviting bid applications from telecom operators. While the reserve price of the spectrum on auction amounts to ₹96,317.65 crore, The …

DoT to hold spectrum auctions starting 20 May
9 months, 2 weeks ago

DoT to hold spectrum auctions starting 20 May

Live Mint  

NEW DELHI: The Department of Telecommunications will conduct the next round of spectrum auctions on 20 May, where frequencies valued at ₹96,317.65 crore across eight bands will be up for grabs. Now telecom service providers will get opportunity to buy spectrum regularly in a transparent way,” telecom minister Ashwini Vaishnaw said in a social media post on X, after the …

Govt will look at right opportunity to pare its stake in Vi: Telecom dept secy
9 months, 3 weeks ago

Govt will look at right opportunity to pare its stake in Vi: Telecom dept secy

Live Mint  

Barcelona: The government will look at the right opportunity to pare its stake in Vodafone Idea, Neeraj Mittal, secretary in the department of telecommunications, said as he welcomed the approval given by the cash-strapped carrier's board to a fund-raise proposal. Mittal said the department of telecom was likely to bring out the first set of rules and regulations under the …

Vodafone Idea plans to raise ₹45,000 crore to match rivals Jio and Airtel
9 months, 3 weeks ago

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

Hindustan Times  

Struggling telecom firm Vodafone Idea on Tuesday said its board has approved raising up to ₹20,000 crore in equity from promoters and other investors by June as it looks to shore up finances for much delayed 5G roll out and strengthening 4G services. The debt-laden firm, where the government also holds just over 33 per cent equity stake, plans to …

Bid to build £15bn mobile titan would damage coverage upgrades, warns rival
9 months, 4 weeks ago

Bid to build £15bn mobile titan would damage coverage upgrades, warns rival

The Telegraph  

A £15bn merger between Vodafone and Three risks leaving rivals with patchier connections unless their market power is curbed, the boss of Virgin Media O2 has suggested. Lutz Schüler warned the tie-up would hand the combined company too much control of valuable radio spectrum used to operate mobile networks. “But we could not support our customers if the deal goes …

Union Cabinet gives nod for spectrum auction
10 months, 2 weeks ago

Union Cabinet gives nod for spectrum auction

The Hindu  

The Union Cabinet approved an auction of telecom spectrum this year for airwaves amounting to a cumulative reserve price of ₹96,317.65 crore, the government announced on Thursday. Expiring airwaves that belong to “certain companies undergoing insolvency” will also be auctioned, the government said. Spectrum has also been approved for use by the railways for the deployment of Kavach, the automatic …

Vodafone needs cash to reconnect with both investors and subscribers
10 months, 3 weeks ago

Vodafone needs cash to reconnect with both investors and subscribers

Live Mint  

Telecom operator Vodafone Idea Ltd faces a daunting set of challenges, with declining subscriber base a key concern. This indicates that some of the higher usage subscribers of Vodafone Idea could be porting out, possibly to take advantage of Bharti Airtel’s and Reliance Jio’s 5G network, said an Axis Capital report dated 30 January. “The significant amount of cash required …

Vodafone Idea to contest ₹10.76 crore penalty order under CGST Act
11 months, 2 weeks ago

Vodafone Idea to contest ₹10.76 crore penalty order under CGST Act

Live Mint  

Vodafone Idea Limited on 4 January announced that it will take appropriate legal action for rectification and reversal of an order it received under the Central Goods and Services Tax Act, 2017, entailing a penalty of ₹10.76 crore. "The company does not agree with the order and will take appropriate action for rectification/ reversal of the same," Vodafone Idea said …

Vodafone Idea clears air on talks with Elon Musk's Starlink
11 months, 3 weeks ago

Vodafone Idea clears air on talks with Elon Musk's Starlink

Hindustan Times  

Vodafone Idea on Tuesday said it is not in talks to tie up with Elon Musk's satellite internet firm Starlink, Reuters reported. Vodafone Idea on Tuesday said it is not in talks to tie up with Elon Musk's satellite internet firm Starlink The telecom firm's clarification comes after the shares had surged in the past two sessions, this after business …

Vodafone Idea denies discussions with Musk on Starlink services management
11 months, 3 weeks ago

Vodafone Idea denies discussions with Musk on Starlink services management

India TV News  

Vodafone Idea has recently denied the reports which state that it is in talks with Elon Musk- CEO of Tesla and SpaceX for managing its affordable satellite-based Internet service Starlink in India. In an exchange filing, the telecom provider said, “We would like to submit that the company is not in any such discussion with the named party.” Vodafone Idea …

Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015
1 year, 4 months ago

Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015

India TV News  

Bharti Airtel on Monday said it has prepaid Rs 8,024 crore to the Department of Telecom towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction in 2015. Airtel last year acquired 19867.8 MHz spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz and 26 GHz frequency bands through the auction for Rs 43,084 crore spectrum …

Bharti Airtel clears Rs 8,024 crore spectrum liabilities through prepayment
1 year, 4 months ago

Bharti Airtel clears Rs 8,024 crore spectrum liabilities through prepayment

India TV News  

Bharti Airtel has announced that it has prepaid Rs 8,024 crore to the Department of Telecom as a part of the deferred liabilities for the spectrum, acquired in the auction which was held in 2015. In the previous year's auction, Airtel acquired 19867.8 MHz spectrum in various frequency bands, including 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 …

Vodafone Idea giving a discount of Rs 2,400 on recharge: All you need to know
1 year, 5 months ago

Vodafone Idea giving a discount of Rs 2,400 on recharge: All you need to know

India TV News  

In India's telecom industry, players like Jio, Airtel and Vodafone Idea have long been prominent players. This program grants the VI customers a recharge discount offer of up to Rs 2,400, aiming to attract and retain its user base amid the fierce 5G competition with Jio and Airtel. Offer lasts till 30th September The new Vi offer is available only …

Bharati Airtel evaluating offshore bond issue; likely to raise up to $1 billion
1 year, 6 months ago

Bharati Airtel evaluating offshore bond issue; likely to raise up to $1 billion

Live Mint  

Telecom major Bharti Airtel is considering an offshore bond issue and is likely to raise up to $1 billion, two people aware of the matter told Economic Times. As per the report, this comes as the telecom giant plans to refinance high cost debt, strengthen its balance sheet and also cover some of its 5G capital expenditure requirements. Meanwhile, market …

Cabinet approves Rs 89,047 crore for 4G, 5G spectrum allocation to BSNL
1 year, 6 months ago

Cabinet approves Rs 89,047 crore for 4G, 5G spectrum allocation to BSNL

India TV News  

The Union Cabinet on Wednesday approved the third revival package for BSNL with a total outlay of Rs 89,047 crore, primarily for expenses related to spectrum for 4G and 5G services, Telecom and IT Minister Ashwini Vaishnaw said. With the third and last revival package, the total financial support extended to BSNL has crossed Rs 3.22 lakh crore. The package …

Vodafone brings 7 new prepaid plans starting at Rs 17 onwards
1 year, 6 months ago

Vodafone brings 7 new prepaid plans starting at Rs 17 onwards

India TV News  

Vodafone Idea, the telecom company which has been in the news for not entering the 5G bandwagon in India is working towards retaining its customer base in the nation. As per the reports, the company has brought around 7 new prepaid plans for consumers. Out of the newly released prepaid plans, two of the data vouchers have unlimited night data. …

Vodafone Idea brings a new prepaid plan below Rs 100: Know more
1 year, 8 months ago

Vodafone Idea brings a new prepaid plan below Rs 100: Know more

India TV News  

Most people are using two SIMs in a single device and sometimes people face the concern of keeping both numbers recharged. Image Source : VODAFONE IDEAVodafone Idea Here are the details below: About the Vi Rs 99 plan Prepaid plan Limited Validity of 28 days Talktime of 66 mins with calls at 2.5p/sec). No outgoing SMS plan 200MB data Upgrade …

Vodafone Idea in talks with gear vendors for 5G rollout
1 year, 10 months ago

Vodafone Idea in talks with gear vendors for 5G rollout

Live Mint  

Vodafone Idea needs to raise ₹ 20k cr in debt and equity from investors to plough into 5G New Delhi: Vodafone Idea is in advanced discussions with telecom equipment makers for its 5G rollout strategy and will comply with minimum 5G rollout obligations, chief executive Akshaya Moondra said on Wednesday, indicating that the No. {{^adFree}} {{/adFree}} On 5G minimum rollout …

Republic Day 2023 offer: Vodafone-idea is offering free 5GB data to users, check details
1 year, 10 months ago

Republic Day 2023 offer: Vodafone-idea is offering free 5GB data to users, check details

India Today  

Vi is celebrating India's 74th Republic Day by offering internet data to its prepaid customers. All three prepaid plans offer unlimited calling options but differ in terms of validity and internet data. The Rs 299 prepaid plan includes 1.5GB of data per day with a validity of 28 days. Additional benefits include free data between 12 AM to 6 AM, …

Data | Vodafone out of ideas: With Airtel and Jio going strong, duopoly concerns emerge in telecom sector
1 year, 11 months ago

Data | Vodafone out of ideas: With Airtel and Jio going strong, duopoly concerns emerge in telecom sector

The Hindu  

The fate of India’s third-largest telecom, Vodafone-Idea, is hanging in the balance. Click to subscribe to our Data newsletter Apart from losing subscribers, Vodafone-Idea’s average revenue per user per month has also failed to keep pace with that of its rivals. Chart 3 shows the average revenue earned per user per month by private service providers in wireless services. The …

Airtel has no plans to introduce 5G premium pricing
1 year, 11 months ago

Airtel has no plans to introduce 5G premium pricing

The Hindu  

Telecom operator Bharti Airtel has plans to invest ₹27,000-₹28,000 crore in telecom network with a focus on 5G rollout, a company official said on Wednesday. When asked whether Airtel will look at charging a premium for 5G services, the official said that the premium price for 5G has not worked anywhere in the world and the company is also not …

Vodafone Idea, ATC Agree to Extend Rs 1,600-Crore Debentures Date Till February 28
2 years ago

Vodafone Idea, ATC Agree to Extend Rs 1,600-Crore Debentures Date Till February 28

News 18  

Debt-ridden Vodafone Idea and its vendor ATC Telecom Infrastructure have agreed to extend the last date for a subscription of Rs 1,600 crore optionally convertible debentures till February 28, the telecom operator said in a regulatory filing. The conditions for approval include the nod of VIL shareholders and conversion of interest liability on the company arising from the deferment of …

’Telecom tariffs at unsustainable levels, industry needs price correction’
2 years, 1 month ago

’Telecom tariffs at unsustainable levels, industry needs price correction’

Live Mint  

Telecom operator Vodafone Idea has said telecom tariffs in India continue to remain at "unsustainable levels" and the industry needs "tariff correction" to support continued investments. And we believe that industry needs further tariff correction to support the continued investments going forward," Vodafone Idea CEO Akshaya Moondra said during the company's analyst call on Q2 FY23 earnings on Friday. Over …

5G Prices In India Are Likely To Be Lower Than You Think: Here’s Why
2 years, 3 months ago

5G Prices In India Are Likely To Be Lower Than You Think: Here’s Why

News 18  

The 5G launch in India is just around the corner, and as the government has suggested, you could get 10X faster data speeds than a 4G network. But now, it seems the phone brands are working out a clever strategy to make sure you don’t have to shell out big to use the 5G network on your 5G smartphone. According …

Demand for 5G phones in ₹10k to ₹15k segment grows four times, says Flipkart
2 years, 4 months ago

Demand for 5G phones in ₹10k to ₹15k segment grows four times, says Flipkart

The Hindu  

The homegrown e-commerce portal, Flipkart, witnessed almost double the searches for 5G smartphones in the first half of 2022 as compared to the same period last year. According to Flipkart’s sales trends, the demand for 5G smartphones in the ₹10,000 to ₹15,000 range has grown nearly four times in the first half of 2022 as against the same period last …

Airtel's Sunil Mittal hails Modi govt's efficiency in 5G spectrum allocation
2 years, 4 months ago

Airtel's Sunil Mittal hails Modi govt's efficiency in 5G spectrum allocation

Op India  

On Thursday, the Bharti Airtel founder and Chairman Sunil Bharti Mittal lauded the PM Modi led-government for ease of doing business after the company received an allocation letter for the designated 5G spectrum within hours of payment of the dues. Reports mention that the Department of Telecommunications has received an upfront payment of around Rs 17,876 crore from companies including …

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