VODAFONE IDEA Q3 RESULTS
Telecom sector AGR in FYQ2 up 3.6% on qtr: Trai data
Latest data put out by the telecom regulator showed all the Big 3 telcos – Reliance Jio, Bharti Airtel and Vodafone Idea – notched sequential AGR gains in the September quarter.
DoT errors have led to manifold increase in AGR dues: Vi plea in Supreme Court
"The present application is being filed inter alia, seeking cl...
Q3 telecom earnings to be driven by broadband subscribers, ARPU improvement: Analysts
The average revenue per user (ARPU) measures the realis...
Vodafone Idea moves SC, pointing out calculation errors in AGR dues
Loss-making Vi, the worst hit by the AGR case ruling of October 2019 which left it facing the most dues among telcos, follows rival Bharti Airtel in highlighting what it claims are calculation mistakes. But unlike its competitor, it has not called on the top court to recall its earlier "mistaken" orders.
Recall ‘mistaken orders’ to allow DoT to recalculate AGR dues, Airtel tells SC
India’s No. 2 telco also sought permission for the DoT to arrive at the final adjusted gross revenue due amounts of mobile phone operators after taking into account calculations done by the companies.
Ahead of Market: 12 things that will decide stock action on Thursday
According to Rohit Singre, Senior Technical Analyst at LKP Securities, "Going ahead, 14,040 will be good support. Any break below said levels can show some more cuts in the index and on the higher side, 14,180-14,230 zone will be strong resistance."
Jio, Bharti consolidating market share at cost of Voda Idea: Report
Voda Idea to witness "accelerated revenue market share (RMS) loss" due to the tight timeline on statutory payments and "significant tariff hikes looking at least 12 months away".
Airtel, Vodafone Idea may need to spend 5-10% more on network gear if Huawei, ZTE left out
The government had said on Wednesday that it would shortly declare a list of “trusted sources” for acquiring gear for telecom networks and amend telco licences accordingly, a move being viewed as the first official step to keep Chinese network vendors Huawei and ZTE out of India's future telecom expansion as well as its 5G technology roll-out, amid continuing tensions along the Line of Actual Control.
Stocks in the news: Gland Pharma, LVB, Vodafone Idea, Mphasis & L&T
Mphasis Consulting has acquired UK-based Datalytyx for up to 13.3 million pounds (about Rs 130.4 crore).
Vodafone Idea drag telecom sector's AGR in first quarter: Trai data
Analysts said Jio was far less impacted by the Covid crisis as it has a much larger base of 4G data users who could recharge easily through digital means even during lockdowns.
Vodafone Idea Q2 results: Net loss narrows to Rs 7203 crore, ARPU increases to Rs 119
“It is to be noted that our ability to continue as going concern is essentially dependent on successful negotiations with lenders and its ability to generate the cash flow that it needs to settle / refinance its liabilities and guarantees as they fall due,” the operator said in a statement on Thursday.
Vodafone Idea Q2 Results: Loss narrows down to Rs 7,218 crore; ARPU jumps to Rs 119
Vodafone Idea's revenue from operations declined marginally by 0.49 per cent YoY to Rs 10,791.20 crore.
Bharti Airtel Q2 results: Record revenues narrow loss to Rs 763 crore
Revenues grow 22% to Rs 25,785 crore, ARPU rises and telco gains most users in three quarters at 13.9 m
Vodafone Idea suffers network outage, trends on Twitter
Vodafone Idea's service was disrupted in parts of Maharashtra after a key site in Pune went down due to heavy rains. Irate customers posted complaints on social media platforms, which led to the telco trending on Twitter on Thursday.
Vodafone Idea ropes in IBM for 'big data' platform
IBM is responsible for program management, consulting, system integration, infrastructure services, application operations and maintenance support. Apart from this, IBM is helping in enhancing network security, the release said.