Tag: Vodafone

New Delhi: The telecom regulatory world is abuzz with feverish talk that the imperilled telecom operator, Vodafone, is ready to exit its India operations. An email questionnaire was sent by IANS to a Vodafone-Idea spokesperson in India. IANS, in turn was asked to direct the queries to Ben Padovan, Group Head of Corporate Communications, Vodafone […]

New Delhi: The British media is calling Vodafone’s ultimatum not to pump in more capital in India, a “potentially disastrous but fitting end to Vodafone’s big bet on India” where the destruction of value has been complete. Global telecom player, Vodafone has told Indian authorities that it will not provide more capital for its India […]

New Delhi: In a big relief to the telcos – Airtel, Vodafone and Jio, the Union Cabinet has approved the recommendation of the Committee of Secretaries (CoS) and allowed telcos a two-year moratorium on spectrum-related dues which translates into a Rs 42,000 crore financial support to the stressed sector. Deferment of spectrum auction installments would […]

San Francisco: Vodafone has become the latest big player who has decided to quit Facebook’s controversial Libra cryptocurrency project. Vodafone joins PayPal, Mastercard, Visa, Mercado Pago, eBay, Stripe and Booking Holdings in withdrawing from the controversial project — and is the first company to exit after the Libra Association was formed in October last year, coindesk […]

New Delhi: Vodafone Idea said on Thursday that all its postpaid products and services will be exclusively offered to customers under Vodafone RED plan. After the merger, this will be the telco’s first move to offer one plan for all postpaid customers of former Idea Cellular and Vodafone India. This new strategy will be rolled […]

New Delhi: Vodafone Idea on Thursday paid Rs 1,000 crore more to the Department of Telecommunications (DoT) towards its statutory dues, a senior official said. The company had paid Rs 2,500 crore to the government towards adjusted gross revenue (AGR) dues on Monday. In all, it owes Rs 53,000 crore to the telecom department. The […]

New Delhi: The Government has received Rs 23,701 crore so far as AGR dues till Saturday with the latest payment of Rs 8004 crore by Airtel in its second instalment. Bharti Airtel on Saturday made additional payment of Rs 8,004 crore towards adjusted gross revenue (AGR) dues to the Department of Telecom (DoT). This payment […]

New Delhi: Reliance Jio continues at the top spot as the largest telecom company in terms of subscribers as it added over 62 lakh new users in February, followed by Bharti Airtel which added 9 lakh. At the end of February, Reliance Jio had over 38.28 crore subscribers and Bharti Airtel had a subscriber base […]

New Delhi: Vodafone has won the case against India over a retrospective tax demand of more than Rs 20,000 crore. The Permanent Court of Arbitration at The Hague has ruled that the conduct of India’s tax department is in breach of “fair and equitable” treatment. Voafone had moved the International Court of Justice (ICJ) in […]

New Delhi: The Supreme Court on Friday directed Bharti Airtel and Vodafone Idea to disclose details sought by the Telecom Regulatory Authority of India (TRAI) in connection with segmented offers. A bench headed by Chief Justice S.A. Bobde and comprising Justices A.S. Bopanna and V. Ramasubramanian said: “In the light of the above historical background, […]