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沃达丰的政府持有33%的股份股权转换后的想法
Vi的管理层表示,电信将偿还一块即将推出8160卢比的债务在未来12个月的现金利润后公布最近返回的银行担保(英国),而在6000卢比将清除内部收益。
“Post-conversion的利益转化为股权,政府在Vi将大约33%的股权,发起人将持有50%,“电信的董事总经理Ravinder Takkar在Vi星期三3月季度财报电话会议上说。
电信部门(点)的净现值(NPV)计算应计利息由于四年延期的频谱和调整后的总收益(AGR)支付16133。1卢比,计算证实了Vi。目前,英国沃达丰(Vodafone)Plc和ABG在Vi分别拥有47.61%和27.38%。
尽管券商野村证券(Nomura)表示,“Vi需要外部融资,进一步提高关税以满足其即将到来的8200卢比FY23F债务偿还”。
下一轮的涨价,Takkar说Vi希望进一步提高它的每用户平均收入(ARPU)从目前的Rs 124点到200卢比在短期内,最终Rs 250从长远来看,特别是电信服务的钱包份额仍然很低。
“关税上调行业话题,但速度绝对可以更快(这样的上涨),还有机会这样做电信仍然是整体消费支出的一小块,和提供给客户的价值,我们相信这不会产生任何挑战从支付能力的角度来看,“Takkar说。
Takkar和首席财务官Akshaya Moodra重申,Vi预计关闭其long-pending 10000卢比筹资从外部投资者不久,但没有共享任何细节。他们说电信在“积极与银行和投资者进一步讨论债务/股本投资和资金将使后续披露适当的”。
展望未来,Moodra说“Vi的年度资本支出水平可能还会上升,”尤其是在电信将关闭其资金的讨论。公司的资本投资,他说,将集中在其17个重点市场,扩大4 g网络覆盖范围是当务之急加速2 g-to-4g用户迁移。
Takkar和Moodra财报电话会议上说,此前一天六世的第一季度净亏损超过预期而缩小6544 .9卢比7234。1卢比的前三个月,去年11月的支持关税上涨,这帮助了ARPU加上一次性收益。
点计算NPV沃达丰的想法应计利息递延费16133。1卢比
公司计算,在16000卢比,早些时候,转换,将给政府一个亏损的电信35.8%的股份。
Vi股价收低1%,报8.65 Rs在周三疯牛病。
Takkar拒绝评论Vi即将到来的5 g频谱拍卖策略,称这将取决于最终通过频谱定价水平内阁和细节的邀请通知应用程序(NIA)。
“当火车看着(5 g频谱)拍卖非常小心,行业将继续寻求进一步减少频谱储备价格和我们希望得到改进的光谱条件比火车和点建议在这一点上,“Vi的医学博士说。
通信部门是已知离开内阁做出最后的决定在储备5 g的价格波段和这种频谱是否会拍卖一段20或30年。电信公司一直迫切要求5 g基础价格削减90%在39%左右的平均减少2018年的价格监管机构推荐。
数字通信委员会(DCC),电信部门的最高决策机构(点),已经接受了监管机构的价格需要经过内阁批准。
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<\/figure>Kolkata | Mumbai: The government will hold around 33% in Vodafone Idea<\/a> (Vi), post-conversion of the latter\u2019s accrued interest liability (on deferred dues) into equity, while the telco\u2019s promoters\u2014UK\u2019s Vodafone Plc<\/a> and India\u2019s Aditya Birla Group (ABG)\u2014will collectively hold 50% in the company.\u201cPost-conversion of interest into equity, the government\u2019s shareholding in Vi will be approximately 33%, while the promoters will hold 50%,\u201d the telco\u2019s managing director Ravinder Takkar<\/a> said on Vi\u2019s March quarter earnings call Wednesday.
The Department of Telecommunications (DoT) has computed the net present value (NPV) of the accrued interest due to the four-year deferral of spectrum and adjusted gross revenue (AGR) payments at Rs 16,133.1 crore, a calculation since confirmed by Vi. At present, UK\u2019s Vodafone<\/a> Plc and ABG own 47.61% and 27.38% in Vi respectively.
<\/div><\/div>Vi\u2019s management said the telco would repay a chunk of its upcoming Rs 8,160 crore debt\u2014payable in the next 12 months\u2014out of cash margins released after the recent return of bank guarantees (BGs), while around Rs 6,000 crore would be cleared from internal accruals.
Brokerage Nomura, though, said \u201cVi would require external fundraising and further tariff hikes to meet its upcoming Rs 8,200 crore debt repayment in FY23F\u201d.
On the next round of price hikes, Takkar said Vi is looking to boost its average revenue per user (ARPU) further from the present Rs 124 level to Rs 200 in the short term and eventually to Rs 250 in the long term, especially since the wallet share of telecom services remains low.
\u201cTariff hike is an industry<\/a> topic, but the pace (of such hikes) can definitely go faster, and there are opportunities to do this as telecom is still a very small piece of overall consumer spends, and given the value provided to customers, we believe it won\u2019t create any challenges from an affordability perspective,\u201d Takkar said.
Both Takkar and CFO Akshaya Moodra reiterated that Vi expects to close its long-pending Rs 10,000 crore fundraise from external investors shortly, but did not share any details. They said the telco is in \u201cactive discussions with banks and investors for further debt\/equity funding for investments and would make subsequent disclosures as appropriate\u201d.
Brokerage Nomura, though, said \u201cVi would require external fundraising and further tariff hikes to meet its upcoming Rs 8,200 crore debt repayment in FY23F\u201d.
On the next round of price hikes, Takkar said Vi is looking to boost its average revenue per user (ARPU) further from the present Rs 124 level to Rs 200 in the short term and eventually to Rs 250 in the long term, especially since the wallet share of telecom services remains low.
\u201cTariff hike is an industry<\/a> topic, but the pace (of such hikes) can definitely go faster, and there are opportunities to do this as telecom is still a very small piece of overall consumer spends, and given the value provided to customers, we believe it won\u2019t create any challenges from an affordability perspective,\u201d Takkar said.
Both Takkar and CFO Akshaya Moodra reiterated that Vi expects to close its long-pending Rs 10,000 crore fundraise from external investors shortly, but did not share any details. They said the telco is in \u201cactive discussions with banks and investors for further debt\/equity funding for investments and would make subsequent disclosures as appropriate\u201d.
<\/div><\/div>Vi is known to have been in talks with US-based PE firms like Apollo Global.
Going forward, Moodra said \u201cVi\u2019s annual capex levels could rise,\u201d especially as the telco is set to close its funding discussion. The company\u2019s capex investments, he said, would be focused around its 17 priority markets, and expanding 4G coverage is the immediate priority to hasten to 2G-to-4G user migrations.
Takkar and Moodra were speaking on the earnings call, a day after Vi\u2019s net loss for the March quarter beat estimates while narrowing to Rs 6,544.9 crore from Rs 7,234.1 crore in the previous three-month period, supported by last November\u2019s tariff hikes, which helped its ARPU coupled with a one-time gain.
Going forward, Moodra said \u201cVi\u2019s annual capex levels could rise,\u201d especially as the telco is set to close its funding discussion. The company\u2019s capex investments, he said, would be focused around its 17 priority markets, and expanding 4G coverage is the immediate priority to hasten to 2G-to-4G user migrations.
Takkar and Moodra were speaking on the earnings call, a day after Vi\u2019s net loss for the March quarter beat estimates while narrowing to Rs 6,544.9 crore from Rs 7,234.1 crore in the previous three-month period, supported by last November\u2019s tariff hikes, which helped its ARPU coupled with a one-time gain.