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Vodafone Idea plea rejected: TDSAT refuses cheaper rates for backhaul spectrum Posted on 14th March 2019 |
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In a setback to Vodafone Idea, telecom tribunal TDSAT has ordered against the company’s plea that backhaul spectrum assigned to it be charged at 2002 rates, as against new rates prescribed by the Department of Telecommunications (DoT) in 2006. However, the tribunal also said the DoT can’t coerce the company and other operators to pay the charges through a forced bilateral agreement by extending the threat of losing the backhaul spectrum if they do not sign on the dotted lines. |
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Voda Idea, Airtel, Jio pay spectrum dues of over Rs 6,000-cr in March Posted on 6th March 2019 |
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New Delhi: Telecom operators Vodafone Idea, Bharti Airtel and Reliance Jio have paid the government about Rs 6,000 crore in spectrum dues slated for March 3, but debt-ridden Reliance Communications has so far not deposited its dues of Rs 21.5 crore, sources said. A source privy to the development told PTI that India's largest telecom operator Vodafone Idea has made payment of over Rs 3,042.7 crore to the Department of Telecom towards its spectrum dues (that is, deferred payment instalment for spectrum bought in auctions). |
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Ericsson to deploy 5G-ready equipment for Voda Idea Posted on 21st February 2019 |
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Swedish network equipment firm Ericsson on Wednesday said it has won a contract from Vodafone Idea to deploy 5G-ready equipments in eight circles. Currently, the equipments will be used for 4G services and can be upgraded to provide 5G services as per business requirement of Vodafone Idea, Ericsson said. |
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Airtel, Voda Idea see green shoots after weeding out low-end users Posted on 18th February 2019 |
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Both the incumbents changed their subscriber definition and plan to focus on revenue-generating users, who will go for a minimum recharge plan every month. Earlier, in one recharge, a subscriber could receive incoming calls for six months. No doubt, the incumbents are moving cautiously to improve their Arpus, and subsequently revenues through such measures. |
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Telecom wars: Reliance Jio tops 4G download speed chart in January, Idea fastest in upload speed Posted on 16th February 2019 |
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Reliance Jio continued to top the average 4G download speed chart, beating its nearest rival Airtel with almost double data speed, according to a report by the Telecom Regulatory Authority of India (Trai) for January. Jio’s 4G network registered an average download speed of 18.8 megabits per second (Mbps), while Airtel network clocked a speed of 9.5 Mbps. |
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Vodafone Idea Q3 loss widens to Rs 5,004 crore, loses 35 million customers Posted on 7th February 2019 |
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In its second quarterly results after the merger, Vodafone Idea (VIL) posted a net loss of Rs 5,004 crore, which was higher than Street estimates. The December quarter loss was higher than the previous quarter, when the firm had posted a loss of Rs 4,974 crore, primarily on account of network-expansion costs. The telco lost 35 million customers during the quarter. The average revenue per user (Arpu), however, improved. |
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Vodafone Idea to raise Rs 25,000 crore to reduce debt Posted on 24th January 2019 |
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The board of the country’s largest telecom operator by subscribers but financially the weakest, Vodafone Idea on Wednesday approved the proposal to raise up to `25,000 crore, a major portion of which will come from the promoters, Vodafone Plc and the Aditya Birla Group. According to the company’s filing with stock exchanges, the funds will be raised through a rights issue and the infusion is expected to happen by March.
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Vodafone Idea moves Supreme Court for Rs 4,761-crore tax refund Posted on 19th January 2019 |
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The Supreme Court on Friday sought response from the income tax department as to why it should not refund around Rs 4,761 crore to Vodafone Idea in respect of returns for assessment years (AYs) 2014-15 to 2017-18. Stating that such inaction in granting refunds has caused grave financial hardships, Vodafone said that its financial condition is precarious as it has accumulated losses of rS 5,557 crore and debts amounting to Rs 53,000 crore as on March 31, 2017. |
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Call drop! Vodafone Idea and Bharti Airtel lose over 24 million users in three months Posted on 4th January 2019 |
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The top two incumbent operators — Vodafone Idea and Bharti Airtel — have lost over 24 million subscribers in just three months as the telcos try to weed out low revenue paying customers from their network. The country’s largest mobile operator by subscriber, Vodafone Idea lost around 20.57 million subscribers in September to November period whereas Bharti Airtel was leaner by 4.22 million users during September and October. |
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Reliance Jio begins to devour Vodafone Idea, Airtel user base Posted on 3rd January 2019 |
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New Delhi: Reliance Jio Infocomm Ltd has wrested market share from Bharti Airtel Ltd and Vodafone Idea Ltd, as the relatively new entrant in the telecom sector continued to add a large number of users even as its bigger rivals lost customers. Reliance Jio added 10.5 million users in October while Vodafone Idea and Airtel lost 7.3 million and 1.8 million users, respectively, according to data released by the Telecom Regulatory Authority of India (Trai) on Wednesday. |
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