Vodafone Idea has used fund infusion from its global parent Vodafone Plc, to repay outstanding Master Service Agreement Dues to Indus Towers. Vodafone Group Plc successfully completed the placing of its remaining 79.2 million shares in Indus Towers, representing 3.0% of Indus' outstanding share capital, through an accelerated book-build offering. Vodafone Idea Stock Price Trend Vodafone Idea share price declined …
Digital Communications Commission, the apex decision-making body of the telecom department, Monday approved imposing penalty on Bharti Airtel and Vodafone Idea for not providing points of interconnection to Reliance Jio. However, before imposing the penalty, the Commission has decided to seek Trai's views on revising Rs 3,050 crore penalty recommended by the sector regulator amid financial stress in the sector. …
New Delhi: The government’s top law officer on Thursday approved the levy of penalties adding up to Rs3,050 crore on Bharti Airtel Ltd, Vodafone India Ltd and Idea Cellular Ltd—the country’s largest three telcos—over charges that they broke licence conditions. In October, Trai had suggested a penalty of Rs50 crore each for 21 telecom circles, excluding Jammu and Kashmir, to …
The Group of Ministers on Wednesday night cleared the draft bill for the creation of a state of Telangana by bifurcating Andhra Pradesh. However, there was no clarity on whether the proposed State would consist of 10 districts of the region or would also include two from neighbouring area — Anantapur and Kurnool — of the Rayalaseema region. A senior …