Vodafone Concept has concluded a mega $3.6 billion (~₹30,000 crore) take care of Nokia, Ericsson and Samsung, for the provision of community gear over three years. The deal marks step one in direction of the rollout of the corporate’s transformative three-year capex plan of $6.6 billion. The strikes come simply days after the Supreme Courtroom … Read more
Whilst Vodafone Thought (VIL) is deploying recent capital to strengthen its community, the beleaguered telecom operator continues to lose income market share. VIL’s income market share declined to an all-time low, with market share loss in 16 out of the 22 circles. “VIL’s Q1FY25 market share was 50 bps (foundation factors) decrease versus FY24 and … Read more
Vodafone Thought is caught between tariff hikes and subscriber loss because the telecom operator indicated that it’s shedding subscribers to BSNL after it raised its tariffs in July. Following the footsteps its larger rivals, Vodafone Thought raised its tariffs by 10 – 24 per cent throughout all plans. However it seems that a considerable portion … Read more
Vodafone-Thought (VIL) continues to lose its prospects and recorded a internet lack of 8,60,889 customers from its community in June, whereas Reliance Jio (Rjio) and Bharti Airtel (Airtel) added 19,11,029 and 12,52,305 subscribers of their community through the month, Telecom Regulatory Authority of India (TRAI’s) newest month-to-month knowledge launched on Tuesday mentioned. The telecom operators … Read more
Debt-laden telecom Vodafone Concept Monday reported a discount of 18 per cent 12 months on 12 months in consolidated web loss to ₹6,432 crore within the first quarter of the monetary 12 months 2024-2025. The telco has reported a web lack of ₹7,840 within the first quarter of the 2023-2024 fiscal. Income from operations was … Read more
Telecom operators Reliance Jio, Bharti Airtel and Vodafone Thought not too long ago elevated their cellular tariffs. This sudden surge in expenses might impression prospects and companies. On this State of the Financial system podcast, businessline’s Anjana PV speaks to Dr. V.Sridhar, Professor, Centre for IT and Public Coverage at IIIT, Bengaluru to know extra concerning … Read more
Chief Justice of India DY Chandrachud on Monday agreed to contemplate itemizing a plea by Vodafone-Thought to right alleged errors within the computation of adjusted gross income (AGR) dues. Senior advocate Harish Salve, showing for the telecom service supplier, orally talked about the plea earlier than the Chief Justice. A healing petition towards the dismissal … Read more
Bharti Airtel and Vodafone Concept elevated cell tariffs by 11-20 per cent on Friday following Jio’s announcement. Whereas Airtel’s new tariffs will come into impact from July 3, Vi will implement the hike a day afterward July 4. Each the operators’ lowest tariff plan elevated by 11 per cent, from ₹179 to ₹199 per thirty … Read more
Spectrum auctions ended on Wednesday with the Centre receiving bids value simply over ₹11,000 crore as Reliance Jio, the largest purchaser of pan-India 5G spectrum within the earlier spherical of public sale, restricted its buy of airwaves in solely two circles: Bihar and West Bengal. Bharti Airtel emerged as the most important spender within the … Read more
After two deferments of the public sale, which was initially scheduled for Could 20, the federal government is beginning the telecom spectrum public sale value ₹96,317.65 crore from Tuesday. A complete of 10,513.15 MHz of spectrum shall be put to public sale. Additionally learn:Authorities can take management of all telecom networks in occasions of emergency … Read more