With the delay in capital raise, Vodafone Idea s situation has considerably worsened and government intervention will be required to sustain the market structure, said Edelweiss Securities.
India Business News: As it fights a desperate survival battle amidst heavy losses and mounting debt, Vodafone Idea has failed to pay the full licence fee to the government
Vi RedX Family Plans: नए Vodafone Idea प्लान्स यूजर्स के लिए उतारे गए हैं, Vi 1699 Plan और Vi 2299 Plan के साथ आप लोगों को क्या-क्या बेनिफिट्स मिलेंगे, आइए आपको बताते हैं।
Vi has been in fundraising talks with potential investors such as an Oak Hill-led consortium, US private equity firms including KKR, besides Canada Pension Plan Investment Board, Caisse de Dépôt et Placement du Québec (CPDQ) and Norway’s Government Pension Fund Global.
Synopsis
“With the opening of the economy and entertainment business, new content consumption models are emerging that allow users to watch single content for a specific price,” said Avneesh Khosla, chief marketing officer of Vi.
Vodafone Idea (Vi) in alliance with Hungama Digital Media Entertainment has rolled out pay per view services on its apps - Vi Movies and TV app. Vi follows in line with other OTT platforms like Zee5, Eros Now, Book My Show which allow customers to watch the content at a cost.
Vi will be the first telco to launch pay per view, a shift from its the current offerings, that allow users to watch content at no extra cost as per their recharge or post-paid plans.