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沃达丰理念6453.2卢比第三季度亏损;说,生存能力仍然受到威胁
季度业绩之际,沃达丰的想法和其他印度电信公司迫于政府要求支付130亿美元的逾期征收有争议。
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孟买:沃达丰的想法亏损6439卢比的第三财季,其第六个连续三个月红,受到用户的损失,成本高,一次性收取相关调整后总收入(AGR)会费。继续威胁其生存能力的电信警告在缺乏司法救济的数千卢比在AGR欠政府。
”是指出,材料不确定性存在重大怀疑在公司继续作为一个持续经营的能力和其产生现金流的能力,它需要解决,或为其债务进行再融资包括有关SC AGR的判断和担保到期,”该公司在一份声明中说。
“我们继续作为持续经营的能力依赖于应用程序的积极成果的修改补充订单之前,鸿'ble最高法院与点和后续协议后分期付款的一些禁令和其他浮雕,”苦苦挣扎的电信补充道。
最高法院将听到的修改请求今天(星期五),在其中沃达丰(Vodafone)等概念,以及其他影响电信公司Bharti Airtel试图被允许与点对谈判的方式和时间付款。沃达丰理念和Airtel,错过了1月23日的最后期限支付由于其SC请求,希望他们可以支付在过去的几年里,从而软化的打击。
本周早些时候,沃达丰集团首席执行官尼克读表示,英国电信与Aditya Birla)的印度企业集团公司寻求免除利息和罚金AGR费和想要在10年内支付本金和为期两年的禁令。读重申,他的公司不会注入任何新鲜资本流入沃达丰的想法再一次形容印度局势至关重要。
沃达丰的想法,亏损50921 .9卢比——有史以来最高的印度企业,7 - 9月当季供应AGR的会费后,说,按其计算,它欠电信部(点)Rs44,150卢比的执照费,频谱使用费用(往下),利息和罚金。在其提交议会,政府虽然估计费超过Rs53,000卢比。
“我们继续积极参与政府寻求救济的AGR和其他物质,“Ravinder Takkar, MD沃达丰的主意,在声明中说。
在刚刚结束的季度,电信表示,它已进一步采取一次性收取52.8卢比AGR相关会费。加上高运营费用,折旧和摊销和兴趣和融资成本,承压沃达丰想法在四分之一的底线当其用户数从3.11亿降至3.04亿第二季度财政。
但季度收入沃达丰理念——由合并沃达丰印度和细胞在2018年8月,季度到11090卢比上涨2.3%,主要由830万年净4 g用户添加和部分关税上调的影响,使得每用户平均收入(ARPU)从Rs107 Rs109前一个季度。
“…我们仍然专注于快速网络集成以及4 g网络覆盖和容量扩张我们的主要市场…因此,背线压力几个季度之后,我们目睹了一致的收入转变从9月起即在最近价格上涨之前,“Takkar说。
他补充说,关税增加有效12月应进一步帮助提高收入性能。
面临的生存危机由于SC电信的2019年10月——AGR的定义扩大到包括非核心费和左15电信公司面临Rs1.47十万的卢比的额外的法定费-似乎推迟了集成的里程碑,分析师说。
该公司表示,它将提供由Q1FY21 opex协同目标。这是对前面的时间3月31日,2020年。
“沃达丰的收入有所改善但Airtel和Jio相比,温和上升。但维尔正在失去客户而竞争对手获得他们需要接触客户并留住他们,“说Rohan Dhamija、合伙人及印度、南亚和中东Analysys Mason。
Bharti Airtel,用户数为2.834亿,和信实Jio,拥有超过3.7亿用户,分别以arpu Rs 135和128.4卢比,第三财季。在那个时期,Airtel合并亏损1035卢比,Jio公布获利1350卢比。
周四,沃达丰股价收盘下跌0.7%在Rs4.48疯牛病。结果是市场小时后宣布。
每个客户数据使用沃达丰的想法从10.35上升到10.7 GB GB。相比之下,Airtel的平均13.9 GB数据使用较上季成长6.2%,而Jio从11.7 GB下降到11.1 GB。
净债务站在Rs103,310卢比而Rs101,910卢比的前一个季度。
”是指出,材料不确定性存在重大怀疑在公司继续作为一个持续经营的能力和其产生现金流的能力,它需要解决,或为其债务进行再融资包括有关SC AGR的判断和担保到期,”该公司在一份声明中说。
“我们继续作为持续经营的能力依赖于应用程序的积极成果的修改补充订单之前,鸿'ble最高法院与点和后续协议后分期付款的一些禁令和其他浮雕,”苦苦挣扎的电信补充道。
本周早些时候,沃达丰集团首席执行官尼克读表示,英国电信与Aditya Birla)的印度企业集团公司寻求免除利息和罚金AGR费和想要在10年内支付本金和为期两年的禁令。读重申,他的公司不会注入任何新鲜资本流入沃达丰的想法再一次形容印度局势至关重要。
沃达丰的想法,亏损50921 .9卢比——有史以来最高的印度企业,7 - 9月当季供应AGR的会费后,说,按其计算,它欠电信部(点)Rs44,150卢比的执照费,频谱使用费用(往下),利息和罚金。在其提交议会,政府虽然估计费超过Rs53,000卢比。
在刚刚结束的季度,电信表示,它已进一步采取一次性收取52.8卢比AGR相关会费。加上高运营费用,折旧和摊销和兴趣和融资成本,承压沃达丰想法在四分之一的底线当其用户数从3.11亿降至3.04亿第二季度财政。
但季度收入沃达丰理念——由合并沃达丰印度和细胞在2018年8月,季度到11090卢比上涨2.3%,主要由830万年净4 g用户添加和部分关税上调的影响,使得每用户平均收入(ARPU)从Rs107 Rs109前一个季度。
“…我们仍然专注于快速网络集成以及4 g网络覆盖和容量扩张我们的主要市场…因此,背线压力几个季度之后,我们目睹了一致的收入转变从9月起即在最近价格上涨之前,“Takkar说。
他补充说,关税增加有效12月应进一步帮助提高收入性能。
面临的生存危机由于SC电信的2019年10月——AGR的定义扩大到包括非核心费和左15电信公司面临Rs1.47十万的卢比的额外的法定费-似乎推迟了集成的里程碑,分析师说。
该公司表示,它将提供由Q1FY21 opex协同目标。这是对前面的时间3月31日,2020年。
“沃达丰的收入有所改善但Airtel和Jio相比,温和上升。但维尔正在失去客户而竞争对手获得他们需要接触客户并留住他们,“说Rohan Dhamija、合伙人及印度、南亚和中东Analysys Mason。
Bharti Airtel,用户数为2.834亿,和信实Jio,拥有超过3.7亿用户,分别以arpu Rs 135和128.4卢比,第三财季。在那个时期,Airtel合并亏损1035卢比,Jio公布获利1350卢比。
周四,沃达丰股价收盘下跌0.7%在Rs4.48疯牛病。结果是市场小时后宣布。
每个客户数据使用沃达丰的想法从10.35上升到10.7 GB GB。相比之下,Airtel的平均13.9 GB数据使用较上季成长6.2%,而Jio从11.7 GB下降到11.1 GB。
净债务站在Rs103,310卢比而Rs101,910卢比的前一个季度。
MUMBAI: Vodafone Idea<\/a> posted a loss of Rs 6439 crore for the fiscal third quarter, its sixth successive three-month period in the red, hurt by loss of subscribers, high costs and a one-time charge related to its adjusted gross revenue (AGR) dues. The telco warned of continued threat to its viability in the absence of judicial relief on the thousands of crores in AGR that it owes to the government.
\u201cIt is to be noted that material uncertainty exists that cast significant doubt on the Company\u2019s ability to continue as a going concern and its ability to generate the cash flow that it needs to settle, or refinance its liabilities including those relating to the SC AGR Judgement and guarantees as they fall due,\u201d the company said in a statement Thursday.
\u201cOur ability to continue as going concern is dependent on positive outcome of the application for modification of the Supplementary Order before the Hon\u2019ble Supreme Court and subsequent agreement with DoT for the payment in instalments after some moratorium and other reliefs,\u201d the struggling telco added.
\u201cIt is to be noted that material uncertainty exists that cast significant doubt on the Company\u2019s ability to continue as a going concern and its ability to generate the cash flow that it needs to settle, or refinance its liabilities including those relating to the SC AGR Judgement and guarantees as they fall due,\u201d the company said in a statement Thursday.
\u201cOur ability to continue as going concern is dependent on positive outcome of the application for modification of the Supplementary Order before the Hon\u2019ble Supreme Court and subsequent agreement with DoT for the payment in instalments after some moratorium and other reliefs,\u201d the struggling telco added.
<\/div><\/div>The Supreme Court is set to hear the modification plea today (Friday), in which Vodafone<\/a> Idea, along with other affected telcos such as Bharti Airtel, have sought to be allowed to negotiate with the DoT on the modalities and timeframe for payment. Vodafone Idea and Airtel, which have missed the January 23 deadline to pay up due to their plea in the SC, are hoping that they will be allowed to spread the payment over several years, thereby softening the blow.
Earlier this week, Vodafone Group CEO Nick Read said the UK telco\u2019s Indian JV with the Aditya Birla Group company has sought waiver of interest and penalties on its AGR dues and wants to pay the principal over 10 years with a two-year moratorium. Read reiterated that his company won\u2019t infuse any fresh capital into Vodafone Idea and once again described the situation in India as critical.
Vodafone Idea, which posted a loss of Rs 50,921.9 crore \u2013 the highest ever in corporate India \u2013 in the July-September quarter, after provisioning for the AGR dues, said that as per its calculations, it owes the Department of Telecommunications (DoT) Rs44,150 crore in license fee, spectrum usage charges (SUC), interest and penalties. The government, in its submissions in Parliament, though has estimated dues of over Rs53,000 crore.
Earlier this week, Vodafone Group CEO Nick Read said the UK telco\u2019s Indian JV with the Aditya Birla Group company has sought waiver of interest and penalties on its AGR dues and wants to pay the principal over 10 years with a two-year moratorium. Read reiterated that his company won\u2019t infuse any fresh capital into Vodafone Idea and once again described the situation in India as critical.
Vodafone Idea, which posted a loss of Rs 50,921.9 crore \u2013 the highest ever in corporate India \u2013 in the July-September quarter, after provisioning for the AGR dues, said that as per its calculations, it owes the Department of Telecommunications (DoT) Rs44,150 crore in license fee, spectrum usage charges (SUC), interest and penalties. The government, in its submissions in Parliament, though has estimated dues of over Rs53,000 crore.
<\/div><\/div>\u201cWe continue to actively engage with the government seeking relief on the AGR and other matter,\u201d Ravinder Takkar, MD of Vodafone Idea, said in the statement.
In the just ended quarter, the telco said that it had further taken a one-time charge of Rs 52.8 crore related to the AGR dues. This, along with high operational expenses, depreciation & amortization and interest and financing costs, weighed on Vodafone Idea\u2019s bottomline in a quarter when its subscriber base fell to 304 million from over 311 million in the fiscal second quarter.
But quarterly revenue for Vodafone Idea \u2013 formed by the merger Vodafone India and Idea Cellular in August 2018 - rose 2.3% on quarter to Rs 11,090 crore, primarily supported by 8.3 million net 4G user additions and a partial impact of the tariff hikes, which drove average revenue per user (ARPU) to Rs109 from Rs107 in the previous quarter.
\u201c\u2026we remain focused on rapid network integration as well as 4G coverage and capacity expansion in our key markets\u2026As a result, after several quarters of pressure on topline, we witnessed consistent revenue turnaround from September onwards i.e. before the recent price hikes,\u201d said Takkar.
He added that the tariff increase effective December should further help in improving revenue performance going forward.
The existential crisis faced by the telco due to the SC order of October 2019 \u2013 which widened the definition of AGR to include non-core dues and left 15 telcos facing Rs1.47 lakh crore in additional statutory dues - appears to have delayed the integration milestone, said analysts.
The company said that it will deliver its opex synergy targets by Q1FY21. This is against the previous timeline of March 31, 2020.
\u201cVodafone Idea's revenue has improved but compared to Airtel and Jio, the uptick is muted. But VIL is losing customers whereas rivals are gaining them and it needs to engage with customers and retain them,\u201d said Rohan Dhamija, partner and head of India, South Asia and Middle East for Analysys Mason.
Bharti Airtel, with a subscriber base of 283.4 million, and Reliance Jio, with over 370 million users, clocked ARPUs of Rs 135 and Rs 128.4 respectively, for the fiscal third quarter. In that period, Airtel reported a consolidated loss of Rs 1,035 crore while Jio posted a profit of Rs 1350.
Thursday, shares of Vodafone Idea closed 0.7% lower at Rs4.48 on the BSE. The results were announced after market hours.
Data usage per customer for Vodafone Idea rose to 10.7 GB from 10.35 GB. In comparison, Airtel\u2019s average data usage rose 6.2% sequentially to 13.9 GB, while Jio\u2019s fell to 11.1 GB from 11.7 GB.
Net debt stood at Rs103,310 crore compared with Rs101,910 crore in the previous quarter.
<\/div><\/div>
In the just ended quarter, the telco said that it had further taken a one-time charge of Rs 52.8 crore related to the AGR dues. This, along with high operational expenses, depreciation & amortization and interest and financing costs, weighed on Vodafone Idea\u2019s bottomline in a quarter when its subscriber base fell to 304 million from over 311 million in the fiscal second quarter.
But quarterly revenue for Vodafone Idea \u2013 formed by the merger Vodafone India and Idea Cellular in August 2018 - rose 2.3% on quarter to Rs 11,090 crore, primarily supported by 8.3 million net 4G user additions and a partial impact of the tariff hikes, which drove average revenue per user (ARPU) to Rs109 from Rs107 in the previous quarter.
\u201c\u2026we remain focused on rapid network integration as well as 4G coverage and capacity expansion in our key markets\u2026As a result, after several quarters of pressure on topline, we witnessed consistent revenue turnaround from September onwards i.e. before the recent price hikes,\u201d said Takkar.
He added that the tariff increase effective December should further help in improving revenue performance going forward.
The existential crisis faced by the telco due to the SC order of October 2019 \u2013 which widened the definition of AGR to include non-core dues and left 15 telcos facing Rs1.47 lakh crore in additional statutory dues - appears to have delayed the integration milestone, said analysts.
The company said that it will deliver its opex synergy targets by Q1FY21. This is against the previous timeline of March 31, 2020.
\u201cVodafone Idea's revenue has improved but compared to Airtel and Jio, the uptick is muted. But VIL is losing customers whereas rivals are gaining them and it needs to engage with customers and retain them,\u201d said Rohan Dhamija, partner and head of India, South Asia and Middle East for Analysys Mason.
Bharti Airtel, with a subscriber base of 283.4 million, and Reliance Jio, with over 370 million users, clocked ARPUs of Rs 135 and Rs 128.4 respectively, for the fiscal third quarter. In that period, Airtel reported a consolidated loss of Rs 1,035 crore while Jio posted a profit of Rs 1350.
Thursday, shares of Vodafone Idea closed 0.7% lower at Rs4.48 on the BSE. The results were announced after market hours.
Data usage per customer for Vodafone Idea rose to 10.7 GB from 10.35 GB. In comparison, Airtel\u2019s average data usage rose 6.2% sequentially to 13.9 GB, while Jio\u2019s fell to 11.1 GB from 11.7 GB.
Net debt stood at Rs103,310 crore compared with Rs101,910 crore in the previous quarter.
<\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"27.0","minfoseo":"27-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1581649399167","minfoseo":"1581649399167"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"HashCode":{"minfo":"-967221995","minfoseo":"-967221995"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"OriginalImageHeightPx":{"minfo":"389.0","minfoseo":"389-0"},"OriginalImageWidthPx":{"minfo":"640.0","minfoseo":"640-0"},"NumberOfCharacters":{"minfo":"5073.0","minfoseo":"5073-0"},"NumberOfWords":{"minfo":"846.0","minfoseo":"846-0"},"key":{"0":{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"20"},"1":{"keyid":"15492","value":"Vodafone","smid":"0","keynameseo":"Vodafone","keytype":"","keycount":"totalcount","weightage":"20"},"2":{"keyid":"4121031","value":"Q3","smid":"0","keynameseo":"Q3","keytype":"","keycount":"totalcount","weightage":"20"},"4":{"keyid":"24976","value":"financial results","smid":"0","keynameseo":"financial-results","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":[],"similarlytagged":[{"msid":"96843171","stname":"Jio launches '5G Upgrade' data pack","artsyn":"The Jio Rs 61 prepaid plan will provide 6GB of high-speed 4G data, and will also enable users to enjoy high-speed 5G data.","seolocation":"telecomnews\/jio-launches-its-first-5g-data-pack","seolocationalt":"Jio launches '5G Upgrade' data pack","url_seo":"jio-launches-its-first-5g-data-pack"},{"msid":"96841699","stname":"Airtel, Jio target 100-150 million 5G conversions by March 2024","artsyn":"Industry executives and analysts said the next financial year will be a phase of transition for the telecom operators where they will focus on not only covering as much of the country as possible but also fine-tuning their network structure and encouraging consumer habit formation.","seolocation":"telecomnews\/airtel-jio-target-100-150-million-5g-conversions-by-march-2024","seolocationalt":"Airtel, Jio target 100-150 million 5G conversions by March 2024","url_seo":"airtel-jio-target-100-150-million-5g-conversions-by-march-2024"},{"msid":"96817242","stname":"Telecom Diary: SOS for Vodafone Idea","artsyn":"Amidst all this, Vodafone Idea is struggling. A fund raise is critical to its survival but it seems no one including promoters, lenders or even the government which planned to acquire an equity stake in Vodafone Idea against its accrued interest on deferred AGR (adjusted gross revenues) dues is willing to take the first step.","seolocation":"telecomnews\/telecom-diary-sos-for-vodafone-idea","seolocationalt":"Telecom Diary: SOS for Vodafone Idea","url_seo":"telecom-diary-sos-for-vodafone-idea"},{"msid":"96805049","stname":"Vodafone Idea faces DoT\u2019s operations & finance inspection","artsyn":"Also, the government is hesitant to pick up equity in the company (as had been approved by the Cabinet) as its share price has fallen under Rs 10 (it closed at Rs 7. 85 on Friday, down 7% in the past six months). The board of the company had offered the government the stake at a par value of Rs 10 per share, based on which the government had made all the financial calculations regarding its entry (for a stake of around 33%).","seolocation":"telecomnews\/vodafone-idea-faces-dots-operations-finance-inspection","seolocationalt":"Vodafone Idea faces DoT\u2019s operations & finance inspection","url_seo":"vodafone-idea-faces-dots-operations-finance-inspection"},{"msid":"96796031","stname":"Banks not keen to fund India's Vodafone Idea before capital hike: Sources","artsyn":"The company needs the funds to remain in business. But the lenders will wait for either a capital increase by its main shareholders - UK-based Vodafone Group and local investor Aditya Birla Group - or a debt-to-equity conversion by the government before granting the debt-laden operator more funding, the sources told Reuters.","seolocation":"telecomnews\/banks-not-keen-to-fund-indias-vodafone-idea-before-capital-hike-sources","seolocationalt":"Banks not keen to fund India's Vodafone Idea before capital hike: Sources","url_seo":"banks-not-keen-to-fund-indias-vodafone-idea-before-capital-hike-sources"},{"msid":"96778584","stname":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","artsyn":"Co-promoted by the UK's Vodafone Plc and India's Aditya Birla Group (ABG), Vi needs the cash quickly as its dues to Indus have mounted to around Rs 7,500 crore. It has given a commitment to the tower company to pay 100% of its current dues from January onwards, and also clear its outstanding as of December 31, 2022, over seven months, starting this month.","seolocation":"telecomnews\/vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans","seolocationalt":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","url_seo":"vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans"},{"msid":"96778522","stname":"Revenue growth of telcos likely to be sluggish in Q3","artsyn":"JPL's profit after tax (PAT) for the quarter is expected to be flat at Rs 4,753.8 crore as the company recognises a portion of 4G spectrum cost, said ICICI Securities. The firm expects Bharti Airtel to benefit from lower forex in the quarter, pushing its PAT up nearly 49% quarter-on-quarter to Rs 3,194.5 crore.","seolocation":"telecomnews\/revenue-growth-of-telcos-likely-to-be-sluggish-in-q3","seolocationalt":"Revenue growth of telcos likely to be sluggish in Q3","url_seo":"revenue-growth-of-telcos-likely-to-be-sluggish-in-q3"},{"msid":"96766022","stname":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","artsyn":"Vaishnaw, speaking on the sidelines of a 5G launch event in Bhubaneswar on Thursday, said that Vodafone Idea needs capital infusion and not just the conversion of its dues into government equity.","seolocation":"telecomnews\/km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report","seolocationalt":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","url_seo":"km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report"},{"msid":"96759164","stname":"Vodafone Idea needs capital, not mere dues conversion to equity: Vaishnaw","artsyn":"\u201cVodafone Idea has many requirements. It has a particular requirement of capital. How much capital, who will infuse? All those things are under discussion at this point of time,\" Vaishnaw told reporters. \"The responsibility of capital has to come from various sources \u2026 All those things are complex issues.\u201d","seolocation":"telecomnews\/vodafone-idea-equity-conversion-complex-issue-under-discussion-vaishnaw","seolocationalt":"Vodafone Idea needs capital, not mere dues conversion to equity: Vaishnaw","url_seo":"vodafone-idea-equity-conversion-complex-issue-under-discussion-vaishnaw"},{"msid":"96753915","stname":"Ashwini Vaishnaw launches high-speed 5G services in Odisha, statewide coverage by Aug 2024","artsyn":"\u201cPrime Minister Narendra Modi-led government has earmarked Rs 5,600 crores to deploy 5,000 towers across 7,000 villages across Odisha,\u201d Vaishnaw added.","seolocation":"telecomnews\/ashwini-vaishnaw-launches-high-speed-5g-services-in-odisha-statewide-coverage-by-year-end","seolocationalt":"Ashwini Vaishnaw launches high-speed 5G services in Odisha, statewide coverage by Aug 2024","url_seo":"ashwini-vaishnaw-launches-high-speed-5g-services-in-odisha-statewide-coverage-by-year-end"},{"msid":"96750776","stname":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","artsyn":"In a recent letter to Doraiswami, the UK India Business Council has said that conversion delay by India\u2019s Department of Telecommunications (DoT) \u2014 despite a written clearance by the finance ministry and support of the Prime Minister\u2019s Office \u2014 has hurt the cash-strapped Vodafone Idea\u2019s operations as it wasn\u2019t able to raise funds.","seolocation":"telecomnews\/uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion","seolocationalt":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","url_seo":"uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion"},{"msid":"96723775","stname":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","artsyn":"Officials told ET that the promoters - Vodafone Plc of UK and the Aditya Birla Group - have indicated a willingness to infuse around Rs 2,000-3,000 crore in the telco, which is inadequate to revive the company.","seolocation":"telecomnews\/no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash","seolocationalt":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","url_seo":"no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash"},{"msid":"96713122","stname":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","artsyn":"Abhishek will take up the role from January 3, 2023, subject to approval of shareholders, for a term of five years till January 2, 2028, the tower company said in its BSE filings.","seolocation":"telecomnews\/indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director","seolocationalt":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","url_seo":"indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director"},{"msid":"96695554","stname":"Airtel sets its sights on raising revenue market share to over 40%","artsyn":"Besides rival Vodafone Idea\u2019s vulnerability in the absence of funding and 5G services, Airtel is betting on its rural push to bridge the coverage gap with market leader Reliance Jio. The company is also expanding its home broadband business and pushing for conversions to post-paid from pre-paid for the RMS growth.","seolocation":"telecomnews\/airtel-sets-its-sights-on-raising-revenue-market-share-to-over-40","seolocationalt":"Airtel sets its sights on raising revenue market share to over 40%","url_seo":"airtel-sets-its-sights-on-raising-revenue-market-share-to-over-40"},{"msid":"96684045","stname":"Mobile phone tariff hikes likely mid-2023: Analysts","artsyn":"\u201cWith 5G related ARPU (average revenue per user) uplift likely to be insignificant in near future, 4G prepaid tariff hike remains the most important ARPU lever for telcos. We see higher probability of 4G prepaid tariff hikes in mid-2023,\u201d said brokerage firm IIFL Securities in a report. \u201cPushing tariff hikes closer to 2024 elections raises the risk of political backlash\u201d.","seolocation":"telecomnews\/mobile-phone-tariff-hikes-likely-mid-2023-analysts","seolocationalt":"Mobile phone tariff hikes likely mid-2023: Analysts","url_seo":"mobile-phone-tariff-hikes-likely-mid-2023-analysts"},{"msid":"96682654","stname":"Waive license fee, AGR to boost local firms, entrepreneurs: VNO body to PMO","artsyn":"In a letter to the Prime Minister Office (PMO) dated January 2, 2023, RK Mehta, secretary general of VNOI said, \"Difficulties are being faced by the UL-VNO licensees in the provisioning the services in compliance to the license conditions, is making business unviable.\"","seolocation":"telecomnews\/waive-license-fee-agr-to-boost-local-firms-entrepreneurs-vno-body-to-pmo","seolocationalt":"Waive license fee, AGR to boost local firms, entrepreneurs: VNO body to PMO","url_seo":"waive-license-fee-agr-to-boost-local-firms-entrepreneurs-vno-body-to-pmo"},{"msid":"96634785","stname":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","artsyn":"These Vodafone Idea plans are priced at Rs 25 and Rs 55, and offer 1.1GB data and 3.3GB data, respectively, with a validity of 1 day and 7 days.","seolocation":"telecomnews\/vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit","seolocationalt":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","url_seo":"vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit"},{"msid":"96593761","stname":"AGR to exclude revenue from landline services: DoT","artsyn":"\u200b\u201cIt is clarified that for calculating total SUC payable with the weighted average method, the actual AGR will be taken after excluding revenue from wireline services,\u201d DoT said in an order, dated December 26, which was issued Thursday.","seolocation":"telecomnews\/agr-to-exclude-revenue-from-landline-services-dot","seolocationalt":"AGR to exclude revenue from landline services: DoT","url_seo":"agr-to-exclude-revenue-from-landline-services-dot"},{"msid":"96582610","stname":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","artsyn":"The official said Airtel is not looking at a premium pricing for its 5G services, which is being rolled out at a rapid pace, and reiterated that the telco doesn\u2019t need the 700 MHz band in the future as well for its next gen services. He added that currently, only 12% of the devices support 5G in India and that significant revenue opportunities from captive networks were still sometime away, with use cases still being developed and trialled.\u200b","seolocation":"telecomnews\/airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g","seolocationalt":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","url_seo":"airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g"},{"msid":"96570057","stname":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","artsyn":"The issue of interference from illegal boosters and Right of Way (RoW) challenges came up for discussion at the meeting, which lasted for almost two hours. Sources said that operators made a detailed presentation to the Department of Telecom on current levels of service quality against stipulated benchmarks.","seolocation":"telecomnews\/telecom-department-discusses-service-quality-issues-with-telcos","seolocationalt":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","url_seo":"telecom-department-discusses-service-quality-issues-with-telcos"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"15492","value":"Vodafone","smid":"0","keynameseo":"Vodafone","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"4121031","value":"Q3","smid":"0","keynameseo":"Q3","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354887","value":"Industry","smid":"0","keynameseo":"Industry","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"24976","value":"financial results","smid":"0","keynameseo":"financial-results","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"financial results"},{"name":"Vodafone Idea"},{"name":"Vodafone"},{"name":"Industry"},{"name":"Q3"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Vodafone Idea","Vodafone","Q3","Industry","financial results"],"filterTags":[]},"breadcrumbTags":["Vodafone Idea","Vodafone","Q3","Industry","financial results"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/vodafone-idea-q3-loss-at-rs-6453-2-crore-says-viability-still-under-threat\/74120268","associated":{"articles":{"96843171":{"msid":"96843171","stname":"Jio launches '5G Upgrade' data pack","artsyn":"The Jio Rs 61 prepaid plan will provide 6GB of high-speed 4G data, and will also enable users to enjoy high-speed 5G data.","seolocation":"telecomnews\/jio-launches-its-first-5g-data-pack","seolocationalt":"Jio launches '5G Upgrade' data pack","url_seo":"jio-launches-its-first-5g-data-pack"},"96841699":{"msid":"96841699","stname":"Airtel, Jio target 100-150 million 5G conversions by March 2024","artsyn":"Industry executives and analysts said the next financial year will be a phase of transition for the telecom operators where they will focus on not only covering as much of the country as possible but also fine-tuning their network structure and encouraging consumer habit formation.","seolocation":"telecomnews\/airtel-jio-target-100-150-million-5g-conversions-by-march-2024","seolocationalt":"Airtel, Jio target 100-150 million 5G conversions by March 2024","url_seo":"airtel-jio-target-100-150-million-5g-conversions-by-march-2024"},"96817242":{"msid":"96817242","stname":"Telecom Diary: SOS for Vodafone Idea","artsyn":"Amidst all this, Vodafone Idea is struggling. A fund raise is critical to its survival but it seems no one including promoters, lenders or even the government which planned to acquire an equity stake in Vodafone Idea against its accrued interest on deferred AGR (adjusted gross revenues) dues is willing to take the first step.","seolocation":"telecomnews\/telecom-diary-sos-for-vodafone-idea","seolocationalt":"Telecom Diary: SOS for Vodafone Idea","url_seo":"telecom-diary-sos-for-vodafone-idea"},"96805049":{"msid":"96805049","stname":"Vodafone Idea faces DoT\u2019s operations & finance inspection","artsyn":"Also, the government is hesitant to pick up equity in the company (as had been approved by the Cabinet) as its share price has fallen under Rs 10 (it closed at Rs 7. 85 on Friday, down 7% in the past six months). The board of the company had offered the government the stake at a par value of Rs 10 per share, based on which the government had made all the financial calculations regarding its entry (for a stake of around 33%).","seolocation":"telecomnews\/vodafone-idea-faces-dots-operations-finance-inspection","seolocationalt":"Vodafone Idea faces DoT\u2019s operations & finance inspection","url_seo":"vodafone-idea-faces-dots-operations-finance-inspection"},"96796031":{"msid":"96796031","stname":"Banks not keen to fund India's Vodafone Idea before capital hike: Sources","artsyn":"The company needs the funds to remain in business. But the lenders will wait for either a capital increase by its main shareholders - UK-based Vodafone Group and local investor Aditya Birla Group - or a debt-to-equity conversion by the government before granting the debt-laden operator more funding, the sources told Reuters.","seolocation":"telecomnews\/banks-not-keen-to-fund-indias-vodafone-idea-before-capital-hike-sources","seolocationalt":"Banks not keen to fund India's Vodafone Idea before capital hike: Sources","url_seo":"banks-not-keen-to-fund-indias-vodafone-idea-before-capital-hike-sources"},"96778584":{"msid":"96778584","stname":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","artsyn":"Co-promoted by the UK's Vodafone Plc and India's Aditya Birla Group (ABG), Vi needs the cash quickly as its dues to Indus have mounted to around Rs 7,500 crore. It has given a commitment to the tower company to pay 100% of its current dues from January onwards, and also clear its outstanding as of December 31, 2022, over seven months, starting this month.","seolocation":"telecomnews\/vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans","seolocationalt":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","url_seo":"vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans"},"96778522":{"msid":"96778522","stname":"Revenue growth of telcos likely to be sluggish in Q3","artsyn":"JPL's profit after tax (PAT) for the quarter is expected to be flat at Rs 4,753.8 crore as the company recognises a portion of 4G spectrum cost, said ICICI Securities. The firm expects Bharti Airtel to benefit from lower forex in the quarter, pushing its PAT up nearly 49% quarter-on-quarter to Rs 3,194.5 crore.","seolocation":"telecomnews\/revenue-growth-of-telcos-likely-to-be-sluggish-in-q3","seolocationalt":"Revenue growth of telcos likely to be sluggish in Q3","url_seo":"revenue-growth-of-telcos-likely-to-be-sluggish-in-q3"},"96766022":{"msid":"96766022","stname":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","artsyn":"Vaishnaw, speaking on the sidelines of a 5G launch event in Bhubaneswar on Thursday, said that Vodafone Idea needs capital infusion and not just the conversion of its dues into government equity.","seolocation":"telecomnews\/km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report","seolocationalt":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","url_seo":"km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report"},"96759164":{"msid":"96759164","stname":"Vodafone Idea needs capital, not mere dues conversion to equity: Vaishnaw","artsyn":"\u201cVodafone Idea has many requirements. It has a particular requirement of capital. How much capital, who will infuse? All those things are under discussion at this point of time,\" Vaishnaw told reporters. \"The responsibility of capital has to come from various sources \u2026 All those things are complex issues.\u201d","seolocation":"telecomnews\/vodafone-idea-equity-conversion-complex-issue-under-discussion-vaishnaw","seolocationalt":"Vodafone Idea needs capital, not mere dues conversion to equity: Vaishnaw","url_seo":"vodafone-idea-equity-conversion-complex-issue-under-discussion-vaishnaw"},"96753915":{"msid":"96753915","stname":"Ashwini Vaishnaw launches high-speed 5G services in Odisha, statewide coverage by Aug 2024","artsyn":"\u201cPrime Minister Narendra Modi-led government has earmarked Rs 5,600 crores to deploy 5,000 towers across 7,000 villages across Odisha,\u201d Vaishnaw added.","seolocation":"telecomnews\/ashwini-vaishnaw-launches-high-speed-5g-services-in-odisha-statewide-coverage-by-year-end","seolocationalt":"Ashwini Vaishnaw launches high-speed 5G services in Odisha, statewide coverage by Aug 2024","url_seo":"ashwini-vaishnaw-launches-high-speed-5g-services-in-odisha-statewide-coverage-by-year-end"},"96750776":{"msid":"96750776","stname":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","artsyn":"In a recent letter to Doraiswami, the UK India Business Council has said that conversion delay by India\u2019s Department of Telecommunications (DoT) \u2014 despite a written clearance by the finance ministry and support of the Prime Minister\u2019s Office \u2014 has hurt the cash-strapped Vodafone Idea\u2019s operations as it wasn\u2019t able to raise funds.","seolocation":"telecomnews\/uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion","seolocationalt":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","url_seo":"uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion"},"96723775":{"msid":"96723775","stname":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","artsyn":"Officials told ET that the promoters - Vodafone Plc of UK and the Aditya Birla Group - have indicated a willingness to infuse around Rs 2,000-3,000 crore in the telco, which is inadequate to revive the company.","seolocation":"telecomnews\/no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash","seolocationalt":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","url_seo":"no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash"},"96713122":{"msid":"96713122","stname":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","artsyn":"Abhishek will take up the role from January 3, 2023, subject to approval of shareholders, for a term of five years till January 2, 2028, the tower company said in its BSE filings.","seolocation":"telecomnews\/indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director","seolocationalt":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","url_seo":"indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director"},"96695554":{"msid":"96695554","stname":"Airtel sets its sights on raising revenue market share to over 40%","artsyn":"Besides rival Vodafone Idea\u2019s vulnerability in the absence of funding and 5G services, Airtel is betting on its rural push to bridge the coverage gap with market leader Reliance Jio. The company is also expanding its home broadband business and pushing for conversions to post-paid from pre-paid for the RMS growth.","seolocation":"telecomnews\/airtel-sets-its-sights-on-raising-revenue-market-share-to-over-40","seolocationalt":"Airtel sets its sights on raising revenue market share to over 40%","url_seo":"airtel-sets-its-sights-on-raising-revenue-market-share-to-over-40"},"96684045":{"msid":"96684045","stname":"Mobile phone tariff hikes likely mid-2023: Analysts","artsyn":"\u201cWith 5G related ARPU (average revenue per user) uplift likely to be insignificant in near future, 4G prepaid tariff hike remains the most important ARPU lever for telcos. We see higher probability of 4G prepaid tariff hikes in mid-2023,\u201d said brokerage firm IIFL Securities in a report. \u201cPushing tariff hikes closer to 2024 elections raises the risk of political backlash\u201d.","seolocation":"telecomnews\/mobile-phone-tariff-hikes-likely-mid-2023-analysts","seolocationalt":"Mobile phone tariff hikes likely mid-2023: Analysts","url_seo":"mobile-phone-tariff-hikes-likely-mid-2023-analysts"},"96682654":{"msid":"96682654","stname":"Waive license fee, AGR to boost local firms, entrepreneurs: VNO body to PMO","artsyn":"In a letter to the Prime Minister Office (PMO) dated January 2, 2023, RK Mehta, secretary general of VNOI said, \"Difficulties are being faced by the UL-VNO licensees in the provisioning the services in compliance to the license conditions, is making business unviable.\"","seolocation":"telecomnews\/waive-license-fee-agr-to-boost-local-firms-entrepreneurs-vno-body-to-pmo","seolocationalt":"Waive license fee, AGR to boost local firms, entrepreneurs: VNO body to PMO","url_seo":"waive-license-fee-agr-to-boost-local-firms-entrepreneurs-vno-body-to-pmo"},"96634785":{"msid":"96634785","stname":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","artsyn":"These Vodafone Idea plans are priced at Rs 25 and Rs 55, and offer 1.1GB data and 3.3GB data, respectively, with a validity of 1 day and 7 days.","seolocation":"telecomnews\/vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit","seolocationalt":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","url_seo":"vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit"},"96593761":{"msid":"96593761","stname":"AGR to exclude revenue from landline services: DoT","artsyn":"\u200b\u201cIt is clarified that for calculating total SUC payable with the weighted average method, the actual AGR will be taken after excluding revenue from wireline services,\u201d DoT said in an order, dated December 26, which was issued Thursday.","seolocation":"telecomnews\/agr-to-exclude-revenue-from-landline-services-dot","seolocationalt":"AGR to exclude revenue from landline services: DoT","url_seo":"agr-to-exclude-revenue-from-landline-services-dot"},"96582610":{"msid":"96582610","stname":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","artsyn":"The official said Airtel is not looking at a premium pricing for its 5G services, which is being rolled out at a rapid pace, and reiterated that the telco doesn\u2019t need the 700 MHz band in the future as well for its next gen services. He added that currently, only 12% of the devices support 5G in India and that significant revenue opportunities from captive networks were still sometime away, with use cases still being developed and trialled.\u200b","seolocation":"telecomnews\/airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g","seolocationalt":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","url_seo":"airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g"},"96570057":{"msid":"96570057","stname":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","artsyn":"The issue of interference from illegal boosters and Right of Way (RoW) challenges came up for discussion at the meeting, which lasted for almost two hours. Sources said that operators made a detailed presentation to the Department of Telecom on current levels of service quality against stipulated benchmarks.","seolocation":"telecomnews\/telecom-department-discusses-service-quality-issues-with-telcos","seolocationalt":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","url_seo":"telecom-department-discusses-service-quality-issues-with-telcos"}}}}" data-news-images="null" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
