Vodafone Group

Vodafone Idea shares jump 9% as Vodafone Group makes about Rs 1,530 cr accelerated payment

Shares of Vodafone Idea Ltd ended over 9 percent higher on Thursday after British telecom giant Vodafone Plc said it has advanced infusion of $200 million (about Rs 1,530 crore) in its Indian joint venture with Aditya Birla Group, that is facing a humongous liability of past statutory dues

Vodafone Group makes Rs 1,530 cr payment to Vodafone Idea under 'contingent liability mechanism'

Vodafone Group on Wednesday said it has accelerated a payment of $200 million (about Rs 1,530 crore) to Vodafone Idea, due in September 2020, under the terms of the "contingent liability mechanism"

Telecom shares drop 13%; surprise loser against other sectors as global lockdowns drive online sales from gaming to food delivery

In Asia, Africa, Europe and the Americas, a combination of high fixed costs, debt and market disruption has left telcos significantly underperforming the data-hungry businesses their networks carry

AGR concerns: Vodafone Group's global CEO Nick Read plans to meet telecom minister Ravi Shankar Prasad

Even as the pressure on Vodafone Idea to pay the AGR dues is mounting, Read and chairman of Vodafone Idea Kumar Mangalam Birla had recently said that they were not keen to infuse any more equity in the firm.

Vodafone Idea will shut in absence of govt relief, company will have to opt for insolvency route: Chairman Kumar Mangalam Birla

At 12:06 hours, the Vodafone Idea stock was quoting at Rs 6.88, down Rs 0.43, or 5.88 percent.

Vodafone CEO Nick Read blames media for misrepresenting his statement; says telecom firm to stay invested in India

Vodafone Group CEO Nick Read is learnt to have written back to Prime Minister Narendra Modi promising that the company will remain invested and blamed the media for distorting his remarks made around telecom business in India

Bharti Infra sets 24 December deadline for merger with Indus Towers; delay to result in lower payment to Vodafone Idea

In April 2018, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for the merger of Indus Towers and Bharti Infratel to create the largest mobile tower operator in the world outside China

Balesh Sharma steps down as CEO of Vodafone Idea; Ravinder Takkar to take over with immediate effect

Ravinder Takkar, currently Vodafone Group's representative in India, will be appointed as the new MD and CEO

Vodafone Idea shares tank over 29% after telco's first-quarter earnings, subscriber base decline

India's largest telecom operator Vodafone Idea on Friday narrowed its consolidated loss to Rs 4,873.9 crore for the June 2019 quarter.

'Bharti Infratel, Indus Towers merger expected to be completed by August'

Last year, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for merger of Indus Towers and Bharti Infrate