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Vodafone, CK Hutchison approve UK mobile business merger Vodafone and CK Hutchison on Wednesday entered into binding agreements to merge Vodafone UK and 3 UK, with the former holding a 51 per cent stake and CK Hutchison 49 per cent. Current Vodafone UK CEO Ahmed Essam will become CEO of the joint business, and 3 UK CEO Darren Purkis will take on the CFO role. Vodafone Group Chief Executive Margherita Della Valle described the merger of Vodafone UK and Three UK as being "great for customers, great for the country and great for competition...
Vodafone, CK Hutchison approve UK mobile business merger
Vodafone, CK Hutchison approve UK mobile business merger
Source: IANS
14/06/2023 6:22:53 PM
Vodafone Idea edges higher on launching new unlimited night data packs Vodafone Idea is currently trading at Rs. 7.17, up by 0.01 points or 0.14% from its previous closing of Rs. 7.16 on the BSE. The scrip opened at Rs. 7.18 and has touched a high and low of Rs. 7.23 and Rs. 7.08 respectively. So far 12361719 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.08 on 13-Sep-2022 and a 52 week low of Rs. 5.70 on 31-Mar-2023. Last one week high and low of the scrip stood at Rs. 7.30 a...
Vodafone Idea edges higher on launching new unlimited night data packs
Vodafone Idea edges higher on launching new unlimited night data packs
Source: Accord Fintech
5/06/2023 3:48:35 PM
Government tells telcos not to install 5G base stations within 2.1 km from airports The Department of Telecommunications (DoT) has sent a letter to telecom providers Bharti Airtel, Reliance Jio and Vodafone not to install C-band 5G base stations within the 2.1 km range of Indian airports with immediate effect, as C-Band 5G can create problems with the aircraft's radio (radar) altimeters, which they rely on during takeoff and landing, and to help avoid crashing into mountains. The DoT letter, seen by IANS, said that the telecom service providers (TSPs) are advised that...
Government tells telcos not to install 5G base stations within 2.1 km from airports
Government tells telcos not to install 5G base stations within 2.1 km from airports
Source: IANS
1/12/2022 10:29:48 AM
Vodafone Idea`s board to finalise fund raising plan on Friday Debt-ridden telecom company Vodafone Idea's board will meet on Friday to finalise plans for raising funds. Vodafone Idea has informed Bombay Stock Exchange (BSE) that its board will meet on October 21 to consider a proposal to raise funds through issuance of convertible debentures. "Vodafone Idea Ltd has informed the BSE that the meeting of the Board of Directors of the company is scheduled on October 21, to consider and approve a proposal for issuance of debenture securities c...
Vodafone Idea`s board to finalise fund raising plan on Friday
Vodafone Idea`s board to finalise fund raising plan on Friday
Source: IANS
21/10/2022 9:15:08 AM
India to press Apple, Samsung for faster 5G software upgrades in phones India's government will push Apple, Samsung and other mobile phone manufacturers to prioritise rolling out software upgrades to support 5G in the country, amid concerns that many of their models are not ready for the recently launched high-speed service. Prime Minister Narendra Modi launched 5G services on Oct. 1 amid much fanfare, with leading telecom operator Reliance Jio saying it would make the service available in four cities and rival Bharti Airtel in eight. Both companies said t...
India to press Apple, Samsung for faster 5G software upgrades in phones
India to press Apple, Samsung for faster 5G software upgrades in phones
Source: Reuters
11/10/2022 4:03:17 PM
Vodafone Idea gains on entering into partnership with EESL Vodafone Idea is currently trading at Rs. 9.11, up by 0.11 points or 1.22% from its previous closing of Rs. 9.00 on the BSE. The scrip opened at Rs. 9.03 and has touched a high and low of Rs. 9.15 and Rs. 9.01 respectively. So far 6795555 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.79 on 13-Dec-2021 and a 52 week low of Rs. 7.75 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 9.34 an...
Vodafone Idea gains on entering into partnership with EESL
Vodafone Idea gains on entering into partnership with EESL
Source: Accord Fintech
27/09/2022 11:09:21 AM
Samsung inks pact to provide 5G solutions to US firm Comcast Samsung Electronics said on Thursday it will provide 5G solutions to America's largest cable service provider, Comcast, in its latest deal as one of the world's biggest 5G network services providers. The partnership to supply 5G Radio Access Network (RAN) is aimed at helping Philadelphia-based Comcast to "enhance 5G connectivity" for its customers, the South Korean tech giant said, as demand for stable internet access in the US is rapidly on the rise. Samsung did not d...
Samsung inks pact to provide 5G solutions to US firm Comcast
Samsung inks pact to provide 5G solutions to US firm Comcast
Source: IANS
22/09/2022 2:15:02 PM
COAI welcomes 5G RoW amendment for speedy roll-out The Cellular Operators Association of India (COAI) on Thursday congratulated the Department of Telecommunications (DoT) for introducing the "The Indian Telegraph Right of Way (Amendment) Rules, 2022", along with the launch of the 5G RoW application form on the GatiShakti Sanchar Portal. The portal provides a collaborative institutional mechanism between all stakeholders, including Central and state/UT government(s), Central land-owning authorities (Railways and Defence), local bo...
COAI welcomes 5G RoW amendment for speedy roll-out
COAI welcomes 5G RoW amendment for speedy roll-out
Source: IANS
26/08/2022 10:29:20 AM
Affordable 5G services to be rolled out in India by Oct 12: Centre The government on Thursday said it expects 5G services to be rolled out in the country by October 12, and the Centre will make sure that the prices are affordable for the consumers. Union IT minister Ashwini Vaishnaw said that installations are being done and telecom operations are busy with the seamless rollout of 5G services. The government will ensure that the 5G plans remain affordable for the public, the minister said. The government also introduced the "The Indian Telegrap...
Affordable 5G services to be rolled out in India by Oct 12: Centre
Affordable 5G services to be rolled out in India by Oct 12: Centre
Source: IANS
26/08/2022 9:29:16 AM
Reliance Jio, Vodafone step up hiring as 5G related job postings up 65% As India and other countries take concrete steps to adopt 5G, the number of job postings by telcos related to 5G increased by 65 per cent last month, from 5,265 job postings in January to 8,667 in July, a report showed on Wednesday. Active jobs were up by 46 per cent, whereas job closures went up by 75 per cent in the same period, according to GlobalData's analysis of 175 companies globally. Reliance Jio is hiring for 'Lead 5G Core & Cloud Architecture' to support divers...
Reliance Jio, Vodafone step up hiring as 5G related job postings up 65%
Reliance Jio, Vodafone step up hiring as 5G related job postings up 65%
Source: IANS
17/08/2022 4:31:52 PM
Airtel pays Rs 8,312.4 cr for 5G spectrum, settles 4 yrs` dues upfront Bharti Airtel on Wednesday said it has paid Rs 8,312.4 crore to the Department of Telecom (DoT) towards dues for spectrum acquired in the recently concluded 5G auctions. Airtel said it has paid four years of 2022 5G spectrum dues upfront. "This upfront payment of 4 years allows us to drive 5G rollout in a concerted manner given our operating free cash flow," said Gopal Vittal, MD and CEO, Bharti Airtel. Airtel also has access to Rs 15,740.5 crore in capital from the rights ...
Airtel pays Rs 8,312.4 cr for 5G spectrum, settles 4 yrs` dues upfront
Airtel pays Rs 8,312.4 cr for 5G spectrum, settles 4 yrs` dues upfront
Source: IANS
17/08/2022 1:47:03 PM
UAE telecom operator Etisalat acquires 9.8% stake in Vodafone for $4.4bn Etisalat, the UAE's biggest telecom operator, has acquired a 9.8 per cent stake in British mobile carrier Vodafone Group for $4.4 billion as it seeks to diversify operations globally. Emirates Telecommunication Group, formerly known as Etisalat and now rebranded as e&, has acquired approximately 2,766 million shares in Vodafone, The National reported. "Vodafone is one of the leading businesses at the heart of digital communications in Europe and Africa with a compelling bus...
UAE telecom operator Etisalat acquires 9.8% stake in Vodafone for $4.4bn
UAE telecom operator Etisalat acquires 9.8% stake in Vodafone for $4.4bn
Source: IANS
15/05/2022 4:04:46 PM
Key News - HDFC Bank, Vodafone Group , Mankind Pharma, IndiGo By ARETE Securities Key News HDFC twins merge in $40-bn deal; amalgamation may take 15 to 18 months A merger, which was in the making for years, has finally fructified in a $40- billion deal to create a banking behemoth. The country’s largest housing finance company and the biggest private sector bank announced on Monday that their boards have approved an all-stock amalgamation of HDFC Ltd into HDFC Bank, subject to regulatory approvals. At present, HDFC is the parent company of the bank. The merg...
Key News - HDFC Bank, Vodafone Group , Mankind Pharma, IndiGo By ARETE Securities
Key News - HDFC Bank, Vodafone Group , Mankind Pharma, IndiGo By ARETE Securities
Source: ARETE Securities Ltd
5/04/2022 10:06:26 AM
Bharti Airtel to acquire Vodafone's 4.7% stake in Indus Towers Telecom major Bharti Airtel on Friday said it has entered into an agreement with Vodafone to buy its 4.7 per cent equity interest in Indus Towers. According to Bharti Airtel, the agreement is based on the principal condition that the amount paid for the equity stake shall be inducted by Vodafone as fresh equity in Vodafone Idea Ltd (VIL) and simultaneously remitted to Indus Towers to clear VIL's outstanding dues. "The said acquisition purchase would be at an attractive price re...
Bharti Airtel to acquire Vodafone's 4.7% stake in Indus Towers
Bharti Airtel to acquire Vodafone's 4.7% stake in Indus Towers
Source: IANS
26/02/2022 9:23:05 AM
Key News - Vodafone Group, Robert Bosch, Barclays, By ARETE Securities Key News Vodafone in talks to sell 5% stake in Indus Towers to Bharti Airtel: Report British telecom giant Vodafone is in discussions to sell around five per cent stake in Indus Towers to Bharti Airtel, according to industry sources. Vodafone currently holds about 28 per cent in Indus Towers. Vodafone's stake of 757.8 million Indus shares was worth roughly Rs 19,070 crore ($2.56 billion) as of Indus's Wednesday closing price on National Stock Exchange.   Bosch acqu...
Key News - Vodafone Group, Robert Bosch, Barclays, By ARETE Securities
Key News - Vodafone Group, Robert Bosch, Barclays, By ARETE Securities
Source: ARETE Securities Ltd
24/02/2022 9:22:01 AM
Vodafone Idea shines on the BSE Vodafone Idea is currently trading at Rs. 11.23, up by 0.57 points or 5.35% from its previous closing of Rs. 10.66 on the BSE. The scrip opened at Rs. 10.53 and has touched a high and low of Rs. 11.64 and Rs. 10.43 respectively. So far 148086364 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.79 on 13-Dec-2021 and a 52 week low of Rs. 4.55 on 05-Aug-2021. Last one week high and low of the scrip stood at Rs. ...
Vodafone Idea shines on the BSE
Vodafone Idea shines on the BSE
Source: Accord Fintech
21/02/2022 4:25:53 PM
Vodafone Idea jumps on revamping national backbone networks with Ciena Vodafone Idea is currently trading at Rs. 12.90, up by 0.10 points or 0.78% from its previous closing of Rs. 12.80 on the BSE. The scrip opened at Rs. 12.85 and has touched a high and low of Rs. 13.00 and Rs. 12.70 respectively. So far 13486773 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.79 on 10-Dec-2021 and a 52 week low of Rs. 4.55 on 05-Aug-2021. Last one week high and low of the scrip stood at Rs. 1...
Vodafone Idea jumps on revamping national backbone networks with Ciena
Vodafone Idea jumps on revamping national backbone networks with Ciena
Source: Accord Fintech
14/01/2022 11:50:52 AM
After Vodafone Idea, Tata Teleservices to convert AGR dues into equity Tata Teleservices said on Tuesday that it will opt for conversion of the interest from adjusted gross revenue (AGR) dues into equity. The Department of Telecommunications had recently put forward various options to the telecom players in connection with their AGR and spectrum liabilities. Following the conversion of the dues, the Centre will hold 9.5 per cent stake in Tata Teleservices, it said in a regulatory filing on Tuesday. The conversion, however, will be subject to a mutual ag...
After Vodafone Idea, Tata Teleservices to convert AGR dues into equity
After Vodafone Idea, Tata Teleservices to convert AGR dues into equity
Source: IANS
12/01/2022 9:54:56 AM
Jio tops subscriber race in April, Vodafone Idea user base erodes Reliance Jio topped the subscription chart for April as it added over 47.56 lakh users during the month. With this addition, Jio's subscriber base has increased to over 42.76 crore users, showed data released by the Telecom Regulatory Authority of India (TRAI). Bharti Airtel added over 5.17 lakh users during the month under review, taking its subscriber base to over 35.29 crore. Vodafone Idea, on the other hand, eroded its subscriber base by over 18.10 lakh users to more than 28....
Jio tops subscriber race in April, Vodafone Idea user base erodes
Jio tops subscriber race in April, Vodafone Idea user base erodes
Source: IANS
13/07/2021 8:36:30 AM
Vodafone teams up with Google Cloud on data analytics Mobile operator Vodafone Group Plc and Alphabet Inc's Google Cloud entered a strategic partnership to jointly develop data services, Vodafone said on Sunday. About 1,000 workers in Britain, Spain and the United States will be to asked by both companies to create "Nucleus", a new cloud-based storage and analytics portal which will host Vodafone's data. Nucleus will be capable of processing around 50 terabytes of data a day within the cloud, Vodafone said in a statement....
Vodafone teams up with Google Cloud on data analytics
Vodafone teams up with Google Cloud on data analytics
Source: Reuters
3/05/2021 9:09:01 AM
Vodafone seeks to raise up to 2.8 billion euros from Towers IPO BERLIN - Vodafone Group said on Tuesday it would seek to raise up to 2.8 billion euros ($3.32 billion) in proceeds by floating infrastructure unit Vantage Towers in Europe's largest initial public offering of 2021. The UK-based operator set the price range for the flotation of Vantage Towers on the Frankfurt Stock Exchange at 22.50 to 29 euros per share, implying a total market capitalisation of up to 14.7 billion euros. That would top the valuations of a European IPO crop that...
Vodafone seeks to raise up to 2.8 billion euros from Towers IPO
Vodafone seeks to raise up to 2.8 billion euros from Towers IPO
Source: Reuters
9/03/2021 12:57:27 PM
Vodafone`s service revenue returns to growth in third quarter LONDON  - Vodafone, the world's second largest mobile operator, said organic service revenue returned to growth in its third quarter, with a rise of 0.4% soundly beating analysts' expectations for a fall of 0.1%. Chief Executive Nick Read said there was momentum across the business, including in its largest market Germany. "Our good trading performance underscores our confidence in the outlook for the full year," he said on Wednesday. The company reiterated its...
Vodafone`s service revenue returns to growth in third quarter
Vodafone`s service revenue returns to growth in third quarter
Source: IANS
3/02/2021 12:59:15 PM