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DoT awaiting investors detail from Voda-Idea for Rs 15,000 cr FDI application

DoT awaiting investors detail from Voda-Idea for Rs 15,000 cr FDI application
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New delhiRavinder takkarVodafone ideaManaging directorபுதியது டெல்ஹிரவிந்தேர் தக்கார்வோடபோன் யோசனைநிர்வகித்தல் இயக்குனர்

TPG, Apollo, other PEs look to invest in troubled Indian telco Vodafone Idea s assets

REUTERS/Babu/Files July 8, 2021 TPG Capital, Apollo Global and Carlyle Group are among private equity giants in early talks with Vodafone Idea Ltd to invest in the company’s optic fibre and data centre assets worth around $1 billion, said two people familiar with the matter. Since Vodafone Idea will continue to use the optic fibre infrastructure, the deals will likely happen on a sale-and-leaseback basis, the people said on the condition of anonymity. “The fibre assets, fixed broadband and data centre businesses have an immense growth potential since telecom and internet penetration is rapidly increasing. Pricing will be the key for the PE deals. Within 2-3 months, the deals should get closed,” one of the two people said.

Ravinder takkarVodafone ideaApollo globalNavi mumbaiReliance jioரவிந்தேர் தக்கார்வோடபோன் யோசனைஅப்பல்லோ உலகளாவியநவி மும்பைநம்பகத்தன்மை ஜிோ

Vodafone Idea (Vi) Selling Fiber Broadband Business to Raise Money

Vodafone Idea (Vi) Selling Fiber Broadband Business to Raise Money
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Bharti airtelRavinder takkarVodafone ideaBroadband mightManaging directorChief operating officerReliance jioபாரதி ஏர்டெல்ரவிந்தேர் தக்கார்வோடபோன் யோசனைநிர்வகித்தல் இயக்குனர்தலைமை இயங்குகிறது அதிகாரிநம்பகத்தன்மை ஜிோ

emergency data loan packs: Jio offers emergency data loan packs

Telcos are coming up with various options for the data guzzling customers without raising tariffs across segments. Last month, Jio, which mostly has a prepaid customer base, came up with a 30- day validity plan which was at a higher price point than the usual 28-day one. The target is to get customers to latch on to additional validity or data and move them up the price charts, say experts. Jio’s latest offer comes at a time when rivals Vodafone Idea (Vi) too stressed on the importance of upping the tariffs. On Friday, Vi’s MD and CEO , Ravinder Takkar discussed how various options are rolled out in absence of tariff hikes but with the aim of getting customers to adopt more high value plans.

Ravinder takkarJio infocommReliance jio infocommRecharge nowPay laterரவிந்தேர் தக்கார்ஜிோ இன்பொக்கோம்ம்நம்பகத்தன்மை ஜிோ இன்பொக்கோம்ம்

Vodafone Idea needs capital, and fast to break the duopoly in telcom sector

Express News Service NEW DELHI: India’s private telecom services sector may be tumbling headlong into an effective duopoly with Bharti Airtel and Reliance Jio punching it out for the top spot, but it isn’t one yet. Because Vodafone Idea (VIL), the third private player in the equation, has managed to get a grip on some crucial metrics over the past few quarters. But if it is to star in a proper comeback story, VIL needs capital. Urgently. It is this rather glaring lack of capital at a time when the company needs it by the spadeful, that seems to have spooked many investors. Following the declaration of its results for the financial year and the quarter ended March 31, 2021 on Wednesday, its stock lost nearly a fifth of its value (18.5%) over the next two sessions, closing Friday at Rs 8.8 per share.

Bharti airtelRavinder takkarSupreme courtGoldman sachsNews serviceDepartment of telecommunications doReliance jioVodafone ideaபாரதி ஏர்டெல்ரவிந்தேர் தக்கார்உச்ச நீதிமன்றம்கோல்ட்மேன் சாக்ஸ்செய்தி சேவைதுறை ஆஃப் தொலைத்தொடர்பு செய்நம்பகத்தன்மை ஜிோவோடபோன் யோசனை