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Latest Articles in vodafone

Supreme Court Lashes Out At Telecoms Firms, Says No Re-Evaluation Of Dues Allowed

The Supreme Court late last year upheld a demand by India's telecoms department that wireless carriers pay 920 billion Indian rupees ($12.4 billion) in overdue levies and interest.

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Vodafone Idea Submits AGR Self Assessment, Says Total Liabilities Stand At Rs 21,533 Crore

The company has so far paid a sum of Rs 3,500 crore to the DoT which is a fraction of the Rs 57,000 crore demanded by the government.

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Vodafone, Telecom Italia Offer Rivals Access To Some Sites To Ease EU Concerns

The companies announced the deal in July last year which will see Vodafone transfer its Italian mobile masts to INWIT, TIM’s 60%-owned subsidiary.

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Ind-Ra Downgrades Vodafone Idea, NCDs To IND B

Ind-Ra said it believes Vodafone Idea does not have the ability to pay the dues, given the lack of clarity on promoter equity infusion, severe erosion in refinancing flexibility and insufficient cash balance

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Ind-Ra Downgrades Vodafone Idea, Ncds To IND B

Since January 2018, about Rs 48,300 crore has been infused in the erstwhile Idea Cellular Limited, erstwhile Vodafone India Limited and Vodafone Idea through capital infusions and asset sales.

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If Vodafone Idea Disconnects, India Picks Up The Bill

The telcos still have some options, including filing a curative petition to the Supreme Court, although analysts see little chance of success.

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Vodafone Idea Says To Pay 25 Billion Rupees In Government Dues

The Indian government last week ordered mobile carriers to immediately pay billions of dollars in dues after the Supreme Court threatened the companies and officials with contempt proceedings for failing to implement an earlier ruling.

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Company Proposes To Pay Amount So Assessed In Next Few Days: Vodafone Idea On AGR Dues

This case projects a very disturbing scenario. The companies have violated the order passed by this court in pith and substance. In spite of the dismissal of the review application, they have not deposited any amount so far.

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'Is There Any Law Left?' Supreme Court Threatens India Telcos And Officials With Contempt

Vodafone Idea and Bharti Airtel to pay 920 billion rupees ($12.89 billion) in overdue levies and interest by Jan. 23, last month rejected petitions seeking a review of the order it issued back in October.

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Vodafone Posts 0.8% Third-Quarter Growth, Driven By South Africa

Vodafone reiterated its full-year guidance of adjusted core earnings of 14.8-15.0 billion euros, and free cash flow before spectrum costs of about 5.4 billion euros.

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SC Rejects Plea For Relief On $ 13 Billion Telco Levy; Vodafone Tumbles

Shares in Vodafone Idea tumbled as much as 40 pc to a 2-month low on Friday, wiping out nearly USD 1 bn in market capitalisation.

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Supreme Court Rejects Plea For Relief On $13 Billion Telco Levy

Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, as the unit is saddled with about $3.9 billion in overdue payments, the biggest portion of the entire industry levy.

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Vodafone Idea Stock Tumbles 5.6% To Hit Lower Circuit

Vodafone Idea had reported a record loss of Rs 50,921 crore for the July to September quarter (Q2 FY20) after making a provision for the apex court's ruling on payment of AGR dues.

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Vodafone Idea Will Shut In Absence Of Govt Relief: KM Birla

We will have to shut shop, chairman Voda Idea Kumar Mangalam Birla said on a query about the course of action for the company.

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Jio Announces New Tariff Rates, Remains Cheaper Than Competitors

New plans begin from December 6, Rs 199 per month which will give customers 1.5 GB of data per day, along with unlimited calls on Jio phones with a validity of 28 days.

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