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Vodafone Idea prefers stock as payment for Nokia and Ericsson bills

The board of directors of VIL approved a preferential allotment of 1.66 billion equity shares at Rs 14.80 per share to Finlands Nokia and Swedens Ericsson, for a total of up to Rs 2,458 crore, the company said in a statement Thursday. Nokia will invest up to Rs 1,520 crore and Ericsson up to Rs 938 crore. The issue price is 35% higher than that in the April follow-on offer (FPO) of Rs 11 a share and comes with a lock-in period of six months. ....

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Vodafone Idea shares up in early trade after telco reports widened net loss in Q4, ET Telecom

Vodafone Idea: Vi’s net loss for the fiscal fourth quarter widened to Rs 7,675 crore from Rs 6,986 crore in the preceding quarter as the stressed telco continued to be dragged by high debt and continuing customer losses to bigger rivals Reliance Jio and Bharti Airtel. ....

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Voda Idea shares up in early trade after Q4 show

Vodafone Idea Stock: Vi s net loss for the fiscal fourth quarter expanded to Rs 7,675 crore, up from Rs 6,986 crore in the previous quarter. The telecom company faces challenges from high debt and ongoing customer losses to competitors like Reliance Jio and Bharti Airtel. ....

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Vodafone Idea Q4 Results: Net loss widens to Rs 7,675 crore dragged by high debt

Vodafone Ideas net loss for the fiscal fourth quarter, FY24, widened sequentially to Rs 7,675 crore, dragged by high debt and even as it continued to lose subscribers. ....

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Vodafone Idea FYQ4 net loss widens vs Q3; ARPU rise to Rs146, Telecom News, ET Telecom

Akshaya Moondra, CEO, Vodafone Idea Limited, said “We are pleased to report annual revenue and EBITDA growth for the second consecutive year on the back of consistently improving performance for last several quarters despite significantly lower investments; a clear reflection of our execution capabilities." ....

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