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Vodafone Idea promoters to participate for up to Rs 20,000 crore in rights issue
Vodafone Idea’s Rs 25,000-crore rights issue opened on April 10 at a price of Rs 12.50 per equity share.
Vodafone Idea board okays price of Rs 12.50/share for Rs 25K-crore rights issue
The issue price of Rs 12.50 per equity share (including a premium of Rs 2.50 per equity share) is at a massive 61 per cent discount to the previous closing of Rs 32 per share.
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Idea offers free one-year Amazon Prime subscription to Nirvana postpaid customers
Idea is offering free one-year subscription of Amazon Prime with its Nirvana postpaid plans.
Vodafone RED iPhone Forever Rs 649 plan with iPhone Forever program, 90GB data launched
Vodafone RED - iPhone Forever Rs 649 monthly plan: In addition to data and calling benefits, the plan also offers its users iPhone Forever Program for replacements, replacements, and upgrades for iPhones.
Vodafone Idea posts loss of over Rs 5000 crore in Q3
Revenue of the company stood at Rs 11,764.8 crore during the reported quarter, showing a rise of 53.5 per cent compared to Rs 7,663.6 crore in the July-September quarter.
Vodafone Idea set to raise 25,000 crore through rights issue
The promoter shareholders — Vodafone group and Aditya Birla group — have re-iterated to the board that they intend to contribute up to Rs 11,000 crore and up to Rs 7,250 crore respectively as part of such rights issue, the company said.
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Vodafone Idea to pare 16,000 distributors, 2,000 branded stores this fiscal
Vodafone Idea expects to achieve business integration by March 2021.
Reliance Jio tops 4G chart with 22.3 Mbps download speed in October
Download speed plays an important role when a user watches any video, browse the Internet, access emails; and a good upload speed is required when a user wants to share data like images, videos and any other files through email or social media applications.
Reliance Jio has fewer active users than Vodafone, Idea
Trai data showed the active subscriber (VLR) base of Jio was at 187.3 million at the end of July. This is lower than Bharti’s 342 million, Vodafone’s 206.4 million and Idea Cellular’s 201.3 million.
NCLT clears Idea, Vodafone merger
An announcement of the date from which the new entity by the name of Vodafone Idea Limited will start functioning will be made as early as Friday.
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BSNL, Reliance Jio, Idea and more: A look at the top data, voice calling offers
Data war in India has become intense thanks to the entry of newcomer Reliance Jio. Telecos like BSNL, Vodafone, Idea, and Airtel have unveiled new plans, which do not just offer data at affordable tariffs, but are being bundled with unlimited voice calling and messages as well.
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