独家
沃达丰概念股票下跌后内阁不占用的救援计划
在下午的交易中,沃达丰的想法在疯牛病Rs8.06股票下跌2.7%,在月初触及盘中高点Rs8.90贸易。
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政府不能采取沃达丰股价低于票面价值
解决post-Budget记者会在孟买,投资和公共资产管理部门(Dipam)部长Tuhin Kanta Pandey说,他的部门将持有该股。这将是类似于ITC和其他政府的控股公司,收购由于泌尿道感染救助。
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新德里消息:沃达丰的想法股票逆转稍早涨幅超过5%在下午的交易中下跌在内阁会议后没有考虑电信部门的建议来提高电信业的健康发展。
在下午的交易中,沃达丰的想法在疯牛病Rs8.06股票下跌2.7%,在月初触及盘中高点Rs8.90贸易。
电信部门(点)提出了一个四年的暂停调整后总收入(AGR)和光谱支付除了减少频谱使用电荷(往下)前瞻性,在措施改善负债累累的部门和保持健康的三家私人玩家市场。
政府也在评估是否要一个小的股份经济挣扎沃达丰的想法,为了减轻投资者的担忧关于电信的未来。官员说,这可能是一个小的量子对会费承运人欠政府的一部分。占其总Rs1.9十万的卢比的债务,电信欠在Rs1.6十万的卢比的政府对其AGR和频谱支付。
正在考虑另一种方法是保持一个窗口开放政府公司的会费的一部分转换为股票四年后。
“延期付款AGR会费和频谱拍卖应该大大帮助公司的运营盈利能力。如果在四年的时间,该公司能够改善其使用性能,但被拖只由于这些会费的支付,然后政府可以介入,费的一部分转化为股权,”官方的解释道。
如果完成,包,意味着给救援的行业超过Rs8十万的卢比的债务,特别是缓解资金短缺的沃达丰(Vodafone)想法的即时现金流问题和帮助为了保持市场依赖Jio Infocomm Bharti Airtel和另外两个私人的球员。国营Bharat Sanchar Nigam说公司是第四个电信在印度。
就目前的情况来看,英国的沃达丰集团之间的合资企业和印度的多元化Aditya Birla集团(ABG)需要支付约Rs9,000卢比的下次AGR分期付款,2022年3月到期。延迟选择的四年可能推动其AGR支出近36000卢比,缓解其直接的现金流问题,专家说。
此外,沃达丰的想法支付许可证费用和每年往下约5000卢比,而前者是在Rs3,200卢比。同时,它需要支付大约Rs14,000卢比的频谱每年支付,2022年4月开始。
Airtel, AGR的任何延期付款将允许它将支付价值约18000卢比(少于Rs4,500卢比的年度分期付款),四年。然而,这仍有待观察是否会选择频段支付的延期,因为将会有一个感兴趣的元素附加到禁令。
ABG主席Kumar Mangalam贝拉遇到电信部长Ashwini Vaishnaw上周。今年6月,他曾写信给政府,电信将无法生存,除非政府提供了一些救济,甚至愿意放弃ABG股份沃达丰主意国有实体可以帮助恢复。反过来,政府已要求该公司分享的细节很快它将能够获得投资,一旦政府宣布救援方案。贝拉,在8月初,辞去了电信的董事长,被Himanshu Kapania所取代。
早些时候报道,政府已要求即将投资的数量,以及公司的中期计划的细节,包括如何预计每用户平均收入(ARPU)和相关指标改善以下这样一个包。
尽管尝试在过去的11个月,沃达丰的想法未能得出其计划价值25000卢比的筹款计划。贝拉曾指责unviability电信部门的主要原因无法筹集资金。
专家表示点的最新提议,但推迟,可能有助于改善该行业的财务状况。
一个关键的步骤是一个审视一下AGR的定义排除non-telecom物品。这是长期斗争的主题和政府之间的电信公司,2019年9月点了最高法院。
然后法院支持政府和AGR的定义扩大到包括non-telecom物品。但这离开印度的老电信公司——Bharti Airtel和沃达丰的想法——面临总计1.02十万的卢比AGR-related许可证费用和往下费,将已经苦苦挣扎的沃达丰的想法进一步推向可能致命的金融危机,分析师说。
“所以,一个新的定义AGR扣除所有non-telecom收入可以帮助清除所有的怀疑和灰色地带是一个电信公司和政府之间争论的焦点,”一位高级官员此前曾对ET。
支付许可证费用和往下AGR的基础上。因此,降低AGR将意味着减少相关征税。
一个条款,允许电信公司向政府投降电波小惩罚,以防任何数量是闲置与他们还将帮助沃达丰的想法得到一些现金,分析师说。
“维尔已经失去了在几个市场。如果政府让维尔投降未得到充分利用的频谱,该公司可以检查其频谱需求和决定搬出某些市场,可以减少其债务负担以及损失,”法国巴黎银行(BNP Paribas)经纪公司在一份报告中称。“维尔可以考虑出售其网络/用户竞争的圈子,帮助进一步降低债务负担。”
据业内估计,沃达丰的想法是目前不使用几乎三分之一的频谱的向政府支付分期付款。
![\"Vodafone](\"https:\/\/st.etb2bimg.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
<\/figure>New Delhi: Vodafone Idea<\/a> shares reversed early gains to fall over 5% in afternoon trade after the Cabinet meeting did not consider the telecom department\u2019s proposals to improve the health of the telecom sector.
In afternoon trade, the Vodafone Idea stock was down 2.7% at Rs8.06 on the BSE, having touched an intraday high of Rs8.90 in early trade.
The Department of Telecommunications (DoT) has proposed a four-year moratorium on adjusted gross revenue (AGR) and spectrum payments apart from a reduction in spectrum usage charge (SUC) prospectively, among measures to improve the health of the debt-laden sector and retain a three-private player market.
<\/div><\/div>Other crucial proposals include a reduction in bank guarantees, redefining AGR to exclude \u2018non-telecom\u2019 items, again prospectively, and allowing telcos to surrender unused spectrum, a senior government official said.
The government is also evaluating whether to take a small stake in financially struggling Vodafone Idea, in order to allay investor concerns regarding the future of the telco. This, officials say, could be a small quantum against part of the dues the carrier owes the government. Of its total Rs1.9 lakh crore debt, the telco owes over Rs1.6 lakh crore to the government towards its AGR and spectrum payments.
Another option being considered is keeping a window open for the government to convert a part of the company's dues to it as equity after four years.
\u201cDeferment in payment of AGR dues and spectrum auction should considerably help the operational profitability of the company. If in four years' time, the company is able to improve its operational performance but is being dragged only due to the payment of these dues, then the government could step in and convert a part of the dues into equity,\" the official explained.
If finalised, the package, while meant for giving relief to an industry<\/a> with more than Rs8 lakh crore of debt, could specifically ease cash-strapped Vodafone Idea\u2019s immediate cash flow woes and help in its bid to remain in a market that has Reliance Jio Infocomm and Bharti Airtel as the other two private players. State-run Bharat Sanchar Nigam Ltd. is the fourth telco in India.
The government is also evaluating whether to take a small stake in financially struggling Vodafone Idea, in order to allay investor concerns regarding the future of the telco. This, officials say, could be a small quantum against part of the dues the carrier owes the government. Of its total Rs1.9 lakh crore debt, the telco owes over Rs1.6 lakh crore to the government towards its AGR and spectrum payments.
Another option being considered is keeping a window open for the government to convert a part of the company's dues to it as equity after four years.
\u201cDeferment in payment of AGR dues and spectrum auction should considerably help the operational profitability of the company. If in four years' time, the company is able to improve its operational performance but is being dragged only due to the payment of these dues, then the government could step in and convert a part of the dues into equity,\" the official explained.
If finalised, the package, while meant for giving relief to an industry<\/a> with more than Rs8 lakh crore of debt, could specifically ease cash-strapped Vodafone Idea\u2019s immediate cash flow woes and help in its bid to remain in a market that has Reliance Jio Infocomm and Bharti Airtel as the other two private players. State-run Bharat Sanchar Nigam Ltd. is the fourth telco in India.
<\/div><\/div>Vodafone Idea\u2013which had Rs920 crore in cash and cash equivalents at June end and has Rs1.9 lakh crore of debt \u2013 faces Rs58,254 crore in AGR dues, of which it has paid Rs7,854 crore. Analysts fear Vodafone Idea may fall short of its annual payment commitments, including an AGR instalment and spectrum payment, by around Rs23,000 crore in FY23, pushing it towards bankruptcy.
As things stand, the JV between UK\u2019s Vodafone Group and India\u2019s diversified Aditya Birla Group (ABG) needs to pay around Rs9,000 crore as its next AGR instalment, which falls due in March 2022. A deferral option of four years could push its AGR payout of almost Rs 36,000 crore by that much, easing its immediate cash flow problems, said experts.
Additionally, Vodafone Idea pays licence fees and SUC of about Rs 5,000 crore annually, out of which the former is around Rs3,200 crore. Also, it needs to pay around Rs14,000 crore toward spectrum payments every year, starting April 2022.
For Airtel, any deferral of AGR payment would allow it to push payouts worth about Rs 18,000 crore (less than Rs4,500 crore annual installment) by four years. However, it remains to be seen whether it will opt for a deferment of spectrum payments, since there will be an interest element attached to the moratorium.
ABG chairman Kumar Mangalam Birla met telecom minister Ashwini Vaishnaw last week. In June, he had written to the government that the telco won't survive unless the government provides some relief, and had even offered to give up the ABG stake in Vodafone Idea to a state-owned entity which could help revive the company. The government, in turn, had asked the company to share details of how soon it will be able to get investments, once the government announces a relief package. Birla, in early August, resigned as the chairman of the telco, and was replaced by Himanshu Kapania.
As reported earlier, the government has asked for the amount of investment that will be forthcoming, as well as details of the company's medium-term plans, including how it expects the average revenue per user (ARPU) and related metrics to improve following such a package.
Despite attempts over the last 11 months, Vodafone Idea has failed to conclude its planned Rs 25,000-crore fundraising plan. Birla had blamed unviability of the telecom sector as the chief reason for its inability to raise money.
Experts said the DoT\u2019s latest proposals, though delayed, could help in improving the industry\u2019s finances.
A critical step is a relook at the definition of AGR to exclude non-telecom items. This has been the subject of a long-standing battle between the government and telcos, which the DoT won in September 2019 in the Supreme Court<\/a>.
The court then backed the government and widened the definition of AGR to include non-telecom items. But this left India\u2019s older telcos \u2013 Bharti Airtel and Vodafone Idea \u2013 facing a combined Rs 1.02 lakh crore in AGR-related licence fees and SUC dues, pushing the already struggling Vodafone Idea further toward a possibly fatal financial crisis, said analysts.
\u201cSo, a fresh definition for AGR excluding all non-telecom revenue could actually help clear all the doubts and grey areas which have been a bone of contention between the telcos and the government,\u201d a senior official had earlier told ET.
Licence fees and SUC are paid on the basis of AGR. Hence, lower AGR will mean reduced related levies.
A provision to allow telcos to surrender airwaves to the government with a small penalty in case any amount is lying unused with them will also help Vodafone Idea get some cash back, said analysts.
\u201cVIL has lost ground in several markets. If the government lets VIL surrender under-utilised spectrum, the company can review its spectrum needs and decide to vacate certain markets, which can reduce its debt burden as well as losses,\u201d brokerage BNP Paribas said in a report. \u201cVIL can consider selling its network\/subscribers to competition in those circles, helping it reduce the debt burden further.\u201d
According to some industry estimates, Vodafone Idea is currently not using almost a third of its spectrum for which it has to pay instalments to the government.
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As things stand, the JV between UK\u2019s Vodafone Group and India\u2019s diversified Aditya Birla Group (ABG) needs to pay around Rs9,000 crore as its next AGR instalment, which falls due in March 2022. A deferral option of four years could push its AGR payout of almost Rs 36,000 crore by that much, easing its immediate cash flow problems, said experts.
Additionally, Vodafone Idea pays licence fees and SUC of about Rs 5,000 crore annually, out of which the former is around Rs3,200 crore. Also, it needs to pay around Rs14,000 crore toward spectrum payments every year, starting April 2022.
For Airtel, any deferral of AGR payment would allow it to push payouts worth about Rs 18,000 crore (less than Rs4,500 crore annual installment) by four years. However, it remains to be seen whether it will opt for a deferment of spectrum payments, since there will be an interest element attached to the moratorium.
ABG chairman Kumar Mangalam Birla met telecom minister Ashwini Vaishnaw last week. In June, he had written to the government that the telco won't survive unless the government provides some relief, and had even offered to give up the ABG stake in Vodafone Idea to a state-owned entity which could help revive the company. The government, in turn, had asked the company to share details of how soon it will be able to get investments, once the government announces a relief package. Birla, in early August, resigned as the chairman of the telco, and was replaced by Himanshu Kapania.
As reported earlier, the government has asked for the amount of investment that will be forthcoming, as well as details of the company's medium-term plans, including how it expects the average revenue per user (ARPU) and related metrics to improve following such a package.
Despite attempts over the last 11 months, Vodafone Idea has failed to conclude its planned Rs 25,000-crore fundraising plan. Birla had blamed unviability of the telecom sector as the chief reason for its inability to raise money.
Experts said the DoT\u2019s latest proposals, though delayed, could help in improving the industry\u2019s finances.
A critical step is a relook at the definition of AGR to exclude non-telecom items. This has been the subject of a long-standing battle between the government and telcos, which the DoT won in September 2019 in the Supreme Court<\/a>.
The court then backed the government and widened the definition of AGR to include non-telecom items. But this left India\u2019s older telcos \u2013 Bharti Airtel and Vodafone Idea \u2013 facing a combined Rs 1.02 lakh crore in AGR-related licence fees and SUC dues, pushing the already struggling Vodafone Idea further toward a possibly fatal financial crisis, said analysts.
\u201cSo, a fresh definition for AGR excluding all non-telecom revenue could actually help clear all the doubts and grey areas which have been a bone of contention between the telcos and the government,\u201d a senior official had earlier told ET.
Licence fees and SUC are paid on the basis of AGR. Hence, lower AGR will mean reduced related levies.
A provision to allow telcos to surrender airwaves to the government with a small penalty in case any amount is lying unused with them will also help Vodafone Idea get some cash back, said analysts.
\u201cVIL has lost ground in several markets. If the government lets VIL surrender under-utilised spectrum, the company can review its spectrum needs and decide to vacate certain markets, which can reduce its debt burden as well as losses,\u201d brokerage BNP Paribas said in a report. \u201cVIL can consider selling its network\/subscribers to competition in those circles, helping it reduce the debt burden further.\u201d
According to some industry estimates, Vodafone Idea is currently not using almost a third of its spectrum for which it has to pay instalments to the government.
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It also needs to finalise 5G gear supply contracts with the likes of Ericsson and Nokia for rolling out next-gen networks and stem rapid subscriber losses.","seolocation":"telecomnews\/vodafone-idea-shares-hit-20-upper-circuit-after-govt-to-convert-telcos-dues-into-equity","seolocationalt":"Vodafone Idea shares hit 20% upper circuit after govt to convert telco's dues into equity","url_seo":"vodafone-idea-shares-hit-20-upper-circuit-after-govt-to-convert-telcos-dues-into-equity"},{"msid":"97635125","stname":"Vodafone Idea, Indus shares jump on BSE after govt clears conversion of telco's accrued interest into equity","artsyn":"Vi shares were trading at Rs 7.57 while Indus Towers were at Rs 161.58 on Monday morning.","seolocation":"telecomnews\/vodafone-idea-indus-shares-jump-on-bse-after-govt-clears-conversion-of-telcos-accrued-interest-into-equity","seolocationalt":"Vodafone Idea, Indus shares jump on BSE after govt clears conversion of telco's accrued interest into equity","url_seo":"vodafone-idea-indus-shares-jump-on-bse-after-govt-clears-conversion-of-telcos-accrued-interest-into-equity"},{"msid":"97440226","stname":"Vodafone Idea jumps over 10% ahead of board meeting to mull fundraise","artsyn":"We wish to inform you that a meeting of the board of directors of the company is scheduled to be held on Tuesday, 31st January 2023, in relation to the said preferential issue of OCDs to ATC and to convene the extraordinary general meeting of the company to seek approval of the shareholders in this regard,\" Vodafone Idea said in a BSE filing","seolocation":"telecomnews\/vodafone-idea-jumps-over-10-ahead-of-board-meeting-to-mull-fundraise","seolocationalt":"Vodafone Idea jumps over 10% ahead of board meeting to mull fundraise","url_seo":"vodafone-idea-jumps-over-10-ahead-of-board-meeting-to-mull-fundraise"},{"msid":"95699931","stname":"Vodafone Idea to issue debentures worth Rs 1,600 crore to ATC Telecom","artsyn":"VIL is raising the amount through equity convertible debt bonds that carry a coupon rate of 11.2 per cent per annum payable every six months during its term.","seolocation":"telecomnews\/vodafone-idea-to-issue-debentures-worth-rs-1600-crore-to-atc-telecom","seolocationalt":"Vodafone Idea to issue debentures worth Rs 1,600 crore to ATC Telecom","url_seo":"vodafone-idea-to-issue-debentures-worth-rs-1600-crore-to-atc-telecom"},{"msid":"95291141","stname":"Vodafone Idea shares down 1.4% after Q2 loss widens to Rs 7,595.5 crore amid high finance costs, heavy user losses","artsyn":"\u201cVi\u2019s reported EBITDA margins were down 298 bps QoQ to 38.6%, below expectation of 41.4%, owing to higher than expected network opex (which was up 16% QoQ and higher marketing expenses, ICICI Direct Research said in a note.","seolocation":"telecomnews\/vodafone-idea-shares-down-1-4-after-q2-loss-widens-to-rs-7595-5-crore-amid-high-finance-costs-heavy-user-losses","seolocationalt":"Vodafone Idea shares down 1.4% after Q2 loss widens to Rs 7,595.5 crore amid high finance costs, heavy user losses","url_seo":"vodafone-idea-shares-down-1-4-after-q2-loss-widens-to-rs-7595-5-crore-amid-high-finance-costs-heavy-user-losses"},{"msid":"95217352","stname":"No bar on govt taking equity in company even if shares below par value: Vodafone Idea","artsyn":"\u201cWe have come across certain media reports incorrectly alluding to below par share price as the reason for delay in VIL\u2019s Govt. equity conversion. We wish to clarify that there is no such guideline that prohibits the Government from taking equity if company\u2019s current share value is less than par value,\u201d the Indian joint venture between UK\u2019s Vodafone Group Plc and the Aditya Birla Group said.","seolocation":"telecomnews\/no-bar-on-govt-taking-equity-in-company-even-if-shares-below-par-value-vodafone-idea","seolocationalt":"No bar on govt taking equity in company even if shares below par value: Vodafone Idea","url_seo":"no-bar-on-govt-taking-equity-in-company-even-if-shares-below-par-value-vodafone-idea"},{"msid":"95177713","stname":"Vodafone Idea equity conversion delayed due to stock price being under par value of Rs10: Indus Towers","artsyn":"The equity conversion, which will give the government a 33% stake and make it the largest single shareholder in Vi, is vital for the cash-strapped telco to conclude its much delayed Rs 20,000 crore fundraise via a mix of debt and equity, especially as potential investors want clarity on this issue. Vi also needs cash urgently to clear its massive vendor dues, including around Rs 7,000 crore to Indus Towers alone.","seolocation":"telecomnews\/vodafone-idea-equity-conversion-delayed-due-to-stock-price-being-under-par-value-of-rs10-indus-towers","seolocationalt":"Vodafone Idea equity conversion delayed due to stock price being under par value of Rs10: Indus Towers","url_seo":"vodafone-idea-equity-conversion-delayed-due-to-stock-price-being-under-par-value-of-rs10-indus-towers"},{"msid":"94956208","stname":"Vodafone Idea board meet on Oct 21 to consider fundraise via convertible bond issue to vendor","artsyn":"\u201cA meeting of the board of directors of the company is scheduled on October 21, inter-alia, to consider and evaluate a proposal for issuance of debenture securities convertible into equity shares on a preferential \/ private placement basis to a vendor, subject to regulatory and other statutory approvals as may be required, including approval of the shareholders of the company,\u201d Vi said in an exchange filing.","seolocation":"telecomnews\/vodafone-idea-board-meet-on-oct-21-to-consider-fundraise-via-convertible-bond-issue-to-vendor","seolocationalt":"Vodafone Idea board meet on Oct 21 to consider fundraise via convertible bond issue to vendor","url_seo":"vodafone-idea-board-meet-on-oct-21-to-consider-fundraise-via-convertible-bond-issue-to-vendor"},{"msid":"94546085","stname":"Vodafone Idea in talks with Indus Towers for softer payment terms","artsyn":"\u201cWe wish to inform that Indus Towers is one of the large vendors who provides passive infrastructure services to the company\u2026the company has been in discussion with Indus for softer payment terms, which are continuing, but have not been concluded as yet,\u201d Vi said in a late Thursday evening response to a BSE query.","seolocation":"telecomnews\/vodafone-idea-in-talks-with-indus-towers-for-softer-payment-terms","seolocationalt":"Vodafone Idea in talks with Indus Towers for softer payment terms","url_seo":"vodafone-idea-in-talks-with-indus-towers-for-softer-payment-terms"},{"msid":"94495484","stname":"Vodafone Idea shares fall nearly 2% after Indus warning","artsyn":"The tower company had shot off this warning to Vi in a strongly-worded letter written on Monday, said two people aware of the matter. This followed an Indus Towers board meeting earlier in the day that discussed the company's mounting trade receivables and noted that it was mainly due to payment delays by Vi.","seolocation":"telecomnews\/vodafone-idea-shares-fall-nearly-2-after-indus-warning","seolocationalt":"Vodafone Idea shares fall nearly 2% after Indus warning","url_seo":"vodafone-idea-shares-fall-nearly-2-after-indus-warning"},{"msid":"94093763","stname":"Vodafone Idea jumps 3% today. Here\u2019s why","artsyn":"The heavily-indebted Vodafone Idea (Vi) has decided to opt for converting about Rs 16,000 crore of interest liabilities owing to the government into equity, amounting to about 33 per cent of the firm, while promoters' holding will come down from 74.99 per cent to 50 per cent.","seolocation":"telecomnews\/vodafone-idea-jumps-3-today-heres-why","seolocationalt":"Vodafone Idea jumps 3% today. Here\u2019s why","url_seo":"vodafone-idea-jumps-3-today-heres-why"},{"msid":"94074092","stname":"Govt to acquire Vodafone Idea stake after share price stabilises at Rs 10 or above","artsyn":"Vodafone Idea (VIL) board has offered a stake to the government at a par value of Rs 10 per share.","seolocation":"telecomnews\/govt-to-acquire-vodafone-idea-stake-after-share-price-stabilises-at-rs-10-or-above","seolocationalt":"Govt to acquire Vodafone Idea stake after share price stabilises at Rs 10 or above","url_seo":"govt-to-acquire-vodafone-idea-stake-after-share-price-stabilises-at-rs-10-or-above"},{"msid":"93997762","stname":"Vodafone Idea rises over 5% after prepays Rs 2,700 crore short-term loan to SBI","artsyn":"Loss-making Vodafone Idea (Vi) has prepaid a short-term loan of about Rs 2,700 crore to SBI in a bid to shore up lenders' confidence as it urgently seeks fresh bank funds to tie up equipment supply deals for 5G networks and also clear some of its near Rs 15,000-crore trade payables, comprising dues to tower companies, network gear vendors and other suppliers.","seolocation":"telecomnews\/vodafone-idea-rises-over-5-after-prepays-rs-2700-crore-short-term-loan-to-sbi","seolocationalt":"Vodafone Idea rises over 5% after prepays Rs 2,700 crore short-term loan to SBI","url_seo":"vodafone-idea-rises-over-5-after-prepays-rs-2700-crore-short-term-loan-to-sbi"},{"msid":"93853933","stname":"Bharti Airtel, Vodafone Idea drop up to 3% as Jio looks to launch 5G by Diwali","artsyn":"In his address at Reliance's 45th AGM, Chairman and Managing Director Mukesh Ambani said his company will roll out 5G services by Diwali. Ambani in his AGM speech said his oil-to-telecom would reach every town in India by December 2023.","seolocation":"telecomnews\/bharti-airtel-vodafone-idea-drop-up-to-3-as-jio-looks-to-launch-5g-by-diwali","seolocationalt":"Bharti Airtel, Vodafone Idea drop up to 3% as Jio looks to launch 5G by Diwali","url_seo":"bharti-airtel-vodafone-idea-drop-up-to-3-as-jio-looks-to-launch-5g-by-diwali"},{"msid":"93278679","stname":"Telecom stocks end higher; Vodafone Idea jumps 4%, Reliance Industries climbs nearly 3%","artsyn":"Shares of Bharti Airtel advanced 2.40 per cent to Rs 694.20 apiece and that of Vodafone Idea jumped 3.99 per cent to Rs 9.12.","seolocation":"telecomnews\/telecom-stocks-end-higher-vodafone-idea-jumps-4-reliance-industries-climbs-nearly-3","seolocationalt":"Telecom stocks end higher; Vodafone Idea jumps 4%, Reliance Industries climbs nearly 3%","url_seo":"telecom-stocks-end-higher-vodafone-idea-jumps-4-reliance-industries-climbs-nearly-3"},{"msid":"92276434","stname":"Vodafone Idea plunges 4% after drop in wireless user base in April","artsyn":"Vodafone Idea\u2019s total user base slid to just over 25.9 crore in April. India\u2019s total wireless subscriber count witnessed a slight increase to 114.3 crore users at the end of April 2022.","seolocation":"telecomnews\/vodafone-idea-plunges-4-after-drop-in-wireless-user-base-in-april","seolocationalt":"Vodafone Idea plunges 4% after drop in wireless user base in April","url_seo":"vodafone-idea-plunges-4-after-drop-in-wireless-user-base-in-april"},{"msid":"91595326","stname":"Vodafone Idea shares soar 13% on narrowing losses, rising ARPU","artsyn":"At 3.12 p.m., the shares of the company traded at Rs 9.5, up 13.2 per cent from the previous closing, data showed.","seolocation":"telecomnews\/vodafone-idea-shares-soar-13-on-narrowing-losses-rising-arpu","seolocationalt":"Vodafone Idea shares soar 13% on narrowing losses, rising ARPU","url_seo":"vodafone-idea-shares-soar-13-on-narrowing-losses-rising-arpu"},{"msid":"91484971","stname":"Vodafone Idea: What analysts want to know ahead of Q4 earnings call","artsyn":"Net debt for Vodafone Idea stood at Rs 1,96,420 crore compared with Rs 1,97,480 crore in the December quarter, with a cash balance of merely Rs 1,500 crore, Motilal Oswal said.","seolocation":"telecomnews\/vodafone-idea-what-analysts-want-to-know-ahead-of-q4-earnings-call","seolocationalt":"Vodafone Idea: What analysts want to know ahead of Q4 earnings call","url_seo":"vodafone-idea-what-analysts-want-to-know-ahead-of-q4-earnings-call"},{"msid":"90798412","stname":"Sell Vodafone Idea, target price Rs 5: Emkay Global","artsyn":"Emkay Global has sell call on Vodafone Idea with a target price of Rs 5. The current market price of Vodafone Idea Ltd. is Rs 10.73. Time period given by analyst is one year when Vodafone Idea Ltd. price can reach defined target.","seolocation":"telecomnews\/sell-vodafone-idea-target-price-rs-5-emkay-global","seolocationalt":"Sell Vodafone Idea, target price Rs 5: Emkay Global","url_seo":"sell-vodafone-idea-target-price-rs-5-emkay-global"},{"msid":"90792074","stname":"Telco stocks down despite Trai slashing base price of 33-36 GHz bands, 700 MHz bands","artsyn":"Telecom stocks fell in morning trade, with experts saying that the telecom regulator\u2019s fresh prices for existing bands are still too steep. Reliance Industries, the parent of telecom market leader Reliance Jio, was trading 1.5% lower, while Bharti Airtel was down 1.1% and Vodafone Idea lost 3%.","seolocation":"telecomnews\/telco-stocks-down-despite-trai-slashing-base-price-of-33-36-ghz-bands-700-mhz-bands","seolocationalt":"Telco stocks down despite Trai slashing base price of 33-36 GHz bands, 700 MHz bands","url_seo":"telco-stocks-down-despite-trai-slashing-base-price-of-33-36-ghz-bands-700-mhz-bands"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"7035270","value":"Vodafone Idea share price","smid":"0","keynameseo":"Vodafone-Idea-share-price","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"7922834","value":"Vodafone Idea stock price","smid":"0","keynameseo":"Vodafone-Idea-stock-price","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6634874","value":"Vodafone idea news","smid":"0","keynameseo":"Vodafone-idea-news","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"1553175","value":"Vodafone idea","smid":"0","keynameseo":"Vodafone-idea","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"12047018","value":"telecom sector relief package","smid":"0","keynameseo":"telecom-sector-relief-package","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6307125","value":"telecom relief package","smid":"0","keynameseo":"telecom-relief-package","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354977","value":"supreme court","smid":"0","keynameseo":"supreme-court","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354887","value":"Industry","smid":"0","keynameseo":"Industry","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"telecom sector relief package"},{"name":"Vodafone Idea share price"},{"name":"Vodafone Idea stock price"},{"name":"telecom relief package"},{"name":"Vodafone idea news"},{"name":"Vodafone idea"},{"name":"supreme court"},{"name":"Industry"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Vodafone Idea share price","Vodafone Idea stock price","Vodafone idea news","Vodafone idea","telecom sector relief package","telecom relief package","supreme court","Industry"],"filterTags":[]},"breadcrumbTags":["Vodafone Idea share price","Vodafone Idea stock price","Vodafone idea news","Vodafone idea","telecom sector relief package","telecom relief package","supreme court","Industry"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/vodafone-idea-stock-jumps-ahead-of-cabinet-meet-amid-hopes-of-relief-package\/86029186","associated":{"articles":{"97638393":{"msid":"97638393","stname":"Vodafone Idea shares hit 20% upper circuit after govt to convert telco's dues into equity","artsyn":"Vi quickly needs to clear dues of vendors like Indus Towers and expand its existing 4G network. It also needs to finalise 5G gear supply contracts with the likes of Ericsson and Nokia for rolling out next-gen networks and stem rapid subscriber losses.","seolocation":"telecomnews\/vodafone-idea-shares-hit-20-upper-circuit-after-govt-to-convert-telcos-dues-into-equity","seolocationalt":"Vodafone Idea shares hit 20% upper circuit after govt to convert telco's dues into equity","url_seo":"vodafone-idea-shares-hit-20-upper-circuit-after-govt-to-convert-telcos-dues-into-equity"},"97635125":{"msid":"97635125","stname":"Vodafone Idea, Indus shares jump on BSE after govt clears conversion of telco's accrued interest into equity","artsyn":"Vi shares were trading at Rs 7.57 while Indus Towers were at Rs 161.58 on Monday morning.","seolocation":"telecomnews\/vodafone-idea-indus-shares-jump-on-bse-after-govt-clears-conversion-of-telcos-accrued-interest-into-equity","seolocationalt":"Vodafone Idea, Indus shares jump on BSE after govt clears conversion of telco's accrued interest into equity","url_seo":"vodafone-idea-indus-shares-jump-on-bse-after-govt-clears-conversion-of-telcos-accrued-interest-into-equity"},"97440226":{"msid":"97440226","stname":"Vodafone Idea jumps over 10% ahead of board meeting to mull fundraise","artsyn":"We wish to inform you that a meeting of the board of directors of the company is scheduled to be held on Tuesday, 31st January 2023, in relation to the said preferential issue of OCDs to ATC and to convene the extraordinary general meeting of the company to seek approval of the shareholders in this regard,\" Vodafone Idea said in a BSE filing","seolocation":"telecomnews\/vodafone-idea-jumps-over-10-ahead-of-board-meeting-to-mull-fundraise","seolocationalt":"Vodafone Idea jumps over 10% ahead of board meeting to mull fundraise","url_seo":"vodafone-idea-jumps-over-10-ahead-of-board-meeting-to-mull-fundraise"},"95699931":{"msid":"95699931","stname":"Vodafone Idea to issue debentures worth Rs 1,600 crore to ATC Telecom","artsyn":"VIL is raising the amount through equity convertible debt bonds that carry a coupon rate of 11.2 per cent per annum payable every six months during its term.","seolocation":"telecomnews\/vodafone-idea-to-issue-debentures-worth-rs-1600-crore-to-atc-telecom","seolocationalt":"Vodafone Idea to issue debentures worth Rs 1,600 crore to ATC Telecom","url_seo":"vodafone-idea-to-issue-debentures-worth-rs-1600-crore-to-atc-telecom"},"95291141":{"msid":"95291141","stname":"Vodafone Idea shares down 1.4% after Q2 loss widens to Rs 7,595.5 crore amid high finance costs, heavy user losses","artsyn":"\u201cVi\u2019s reported EBITDA margins were down 298 bps QoQ to 38.6%, below expectation of 41.4%, owing to higher than expected network opex (which was up 16% QoQ and higher marketing expenses, ICICI Direct Research said in a note.","seolocation":"telecomnews\/vodafone-idea-shares-down-1-4-after-q2-loss-widens-to-rs-7595-5-crore-amid-high-finance-costs-heavy-user-losses","seolocationalt":"Vodafone Idea shares down 1.4% after Q2 loss widens to Rs 7,595.5 crore amid high finance costs, heavy user losses","url_seo":"vodafone-idea-shares-down-1-4-after-q2-loss-widens-to-rs-7595-5-crore-amid-high-finance-costs-heavy-user-losses"},"95217352":{"msid":"95217352","stname":"No bar on govt taking equity in company even if shares below par value: Vodafone Idea","artsyn":"\u201cWe have come across certain media reports incorrectly alluding to below par share price as the reason for delay in VIL\u2019s Govt. equity conversion. We wish to clarify that there is no such guideline that prohibits the Government from taking equity if company\u2019s current share value is less than par value,\u201d the Indian joint venture between UK\u2019s Vodafone Group Plc and the Aditya Birla Group said.","seolocation":"telecomnews\/no-bar-on-govt-taking-equity-in-company-even-if-shares-below-par-value-vodafone-idea","seolocationalt":"No bar on govt taking equity in company even if shares below par value: Vodafone Idea","url_seo":"no-bar-on-govt-taking-equity-in-company-even-if-shares-below-par-value-vodafone-idea"},"95177713":{"msid":"95177713","stname":"Vodafone Idea equity conversion delayed due to stock price being under par value of Rs10: Indus Towers","artsyn":"The equity conversion, which will give the government a 33% stake and make it the largest single shareholder in Vi, is vital for the cash-strapped telco to conclude its much delayed Rs 20,000 crore fundraise via a mix of debt and equity, especially as potential investors want clarity on this issue. Vi also needs cash urgently to clear its massive vendor dues, including around Rs 7,000 crore to Indus Towers alone.","seolocation":"telecomnews\/vodafone-idea-equity-conversion-delayed-due-to-stock-price-being-under-par-value-of-rs10-indus-towers","seolocationalt":"Vodafone Idea equity conversion delayed due to stock price being under par value of Rs10: Indus Towers","url_seo":"vodafone-idea-equity-conversion-delayed-due-to-stock-price-being-under-par-value-of-rs10-indus-towers"},"94956208":{"msid":"94956208","stname":"Vodafone Idea board meet on Oct 21 to consider fundraise via convertible bond issue to vendor","artsyn":"\u201cA meeting of the board of directors of the company is scheduled on October 21, inter-alia, to consider and evaluate a proposal for issuance of debenture securities convertible into equity shares on a preferential \/ private placement basis to a vendor, subject to regulatory and other statutory approvals as may be required, including approval of the shareholders of the company,\u201d Vi said in an exchange filing.","seolocation":"telecomnews\/vodafone-idea-board-meet-on-oct-21-to-consider-fundraise-via-convertible-bond-issue-to-vendor","seolocationalt":"Vodafone Idea board meet on Oct 21 to consider fundraise via convertible bond issue to vendor","url_seo":"vodafone-idea-board-meet-on-oct-21-to-consider-fundraise-via-convertible-bond-issue-to-vendor"},"94546085":{"msid":"94546085","stname":"Vodafone Idea in talks with Indus Towers for softer payment terms","artsyn":"\u201cWe wish to inform that Indus Towers is one of the large vendors who provides passive infrastructure services to the company\u2026the company has been in discussion with Indus for softer payment terms, which are continuing, but have not been concluded as yet,\u201d Vi said in a late Thursday evening response to a BSE query.","seolocation":"telecomnews\/vodafone-idea-in-talks-with-indus-towers-for-softer-payment-terms","seolocationalt":"Vodafone Idea in talks with Indus Towers for softer payment terms","url_seo":"vodafone-idea-in-talks-with-indus-towers-for-softer-payment-terms"},"94495484":{"msid":"94495484","stname":"Vodafone Idea shares fall nearly 2% after Indus warning","artsyn":"The tower company had shot off this warning to Vi in a strongly-worded letter written on Monday, said two people aware of the matter. This followed an Indus Towers board meeting earlier in the day that discussed the company's mounting trade receivables and noted that it was mainly due to payment delays by Vi.","seolocation":"telecomnews\/vodafone-idea-shares-fall-nearly-2-after-indus-warning","seolocationalt":"Vodafone Idea shares fall nearly 2% after Indus warning","url_seo":"vodafone-idea-shares-fall-nearly-2-after-indus-warning"},"94093763":{"msid":"94093763","stname":"Vodafone Idea jumps 3% today. Here\u2019s why","artsyn":"The heavily-indebted Vodafone Idea (Vi) has decided to opt for converting about Rs 16,000 crore of interest liabilities owing to the government into equity, amounting to about 33 per cent of the firm, while promoters' holding will come down from 74.99 per cent to 50 per cent.","seolocation":"telecomnews\/vodafone-idea-jumps-3-today-heres-why","seolocationalt":"Vodafone Idea jumps 3% today. Here\u2019s why","url_seo":"vodafone-idea-jumps-3-today-heres-why"},"94074092":{"msid":"94074092","stname":"Govt to acquire Vodafone Idea stake after share price stabilises at Rs 10 or above","artsyn":"Vodafone Idea (VIL) board has offered a stake to the government at a par value of Rs 10 per share.","seolocation":"telecomnews\/govt-to-acquire-vodafone-idea-stake-after-share-price-stabilises-at-rs-10-or-above","seolocationalt":"Govt to acquire Vodafone Idea stake after share price stabilises at Rs 10 or above","url_seo":"govt-to-acquire-vodafone-idea-stake-after-share-price-stabilises-at-rs-10-or-above"},"93997762":{"msid":"93997762","stname":"Vodafone Idea rises over 5% after prepays Rs 2,700 crore short-term loan to SBI","artsyn":"Loss-making Vodafone Idea (Vi) has prepaid a short-term loan of about Rs 2,700 crore to SBI in a bid to shore up lenders' confidence as it urgently seeks fresh bank funds to tie up equipment supply deals for 5G networks and also clear some of its near Rs 15,000-crore trade payables, comprising dues to tower companies, network gear vendors and other suppliers.","seolocation":"telecomnews\/vodafone-idea-rises-over-5-after-prepays-rs-2700-crore-short-term-loan-to-sbi","seolocationalt":"Vodafone Idea rises over 5% after prepays Rs 2,700 crore short-term loan to SBI","url_seo":"vodafone-idea-rises-over-5-after-prepays-rs-2700-crore-short-term-loan-to-sbi"},"93853933":{"msid":"93853933","stname":"Bharti Airtel, Vodafone Idea drop up to 3% as Jio looks to launch 5G by Diwali","artsyn":"In his address at Reliance's 45th AGM, Chairman and Managing Director Mukesh Ambani said his company will roll out 5G services by Diwali. Ambani in his AGM speech said his oil-to-telecom would reach every town in India by December 2023.","seolocation":"telecomnews\/bharti-airtel-vodafone-idea-drop-up-to-3-as-jio-looks-to-launch-5g-by-diwali","seolocationalt":"Bharti Airtel, Vodafone Idea drop up to 3% as Jio looks to launch 5G by Diwali","url_seo":"bharti-airtel-vodafone-idea-drop-up-to-3-as-jio-looks-to-launch-5g-by-diwali"},"93278679":{"msid":"93278679","stname":"Telecom stocks end higher; Vodafone Idea jumps 4%, Reliance Industries climbs nearly 3%","artsyn":"Shares of Bharti Airtel advanced 2.40 per cent to Rs 694.20 apiece and that of Vodafone Idea jumped 3.99 per cent to Rs 9.12.","seolocation":"telecomnews\/telecom-stocks-end-higher-vodafone-idea-jumps-4-reliance-industries-climbs-nearly-3","seolocationalt":"Telecom stocks end higher; Vodafone Idea jumps 4%, Reliance Industries climbs nearly 3%","url_seo":"telecom-stocks-end-higher-vodafone-idea-jumps-4-reliance-industries-climbs-nearly-3"},"92276434":{"msid":"92276434","stname":"Vodafone Idea plunges 4% after drop in wireless user base in April","artsyn":"Vodafone Idea\u2019s total user base slid to just over 25.9 crore in April. India\u2019s total wireless subscriber count witnessed a slight increase to 114.3 crore users at the end of April 2022.","seolocation":"telecomnews\/vodafone-idea-plunges-4-after-drop-in-wireless-user-base-in-april","seolocationalt":"Vodafone Idea plunges 4% after drop in wireless user base in April","url_seo":"vodafone-idea-plunges-4-after-drop-in-wireless-user-base-in-april"},"91595326":{"msid":"91595326","stname":"Vodafone Idea shares soar 13% on narrowing losses, rising ARPU","artsyn":"At 3.12 p.m., the shares of the company traded at Rs 9.5, up 13.2 per cent from the previous closing, data showed.","seolocation":"telecomnews\/vodafone-idea-shares-soar-13-on-narrowing-losses-rising-arpu","seolocationalt":"Vodafone Idea shares soar 13% on narrowing losses, rising ARPU","url_seo":"vodafone-idea-shares-soar-13-on-narrowing-losses-rising-arpu"},"91484971":{"msid":"91484971","stname":"Vodafone Idea: What analysts want to know ahead of Q4 earnings call","artsyn":"Net debt for Vodafone Idea stood at Rs 1,96,420 crore compared with Rs 1,97,480 crore in the December quarter, with a cash balance of merely Rs 1,500 crore, Motilal Oswal said.","seolocation":"telecomnews\/vodafone-idea-what-analysts-want-to-know-ahead-of-q4-earnings-call","seolocationalt":"Vodafone Idea: What analysts want to know ahead of Q4 earnings call","url_seo":"vodafone-idea-what-analysts-want-to-know-ahead-of-q4-earnings-call"},"90798412":{"msid":"90798412","stname":"Sell Vodafone Idea, target price Rs 5: Emkay Global","artsyn":"Emkay Global has sell call on Vodafone Idea with a target price of Rs 5. The current market price of Vodafone Idea Ltd. is Rs 10.73. Time period given by analyst is one year when Vodafone Idea Ltd. price can reach defined target.","seolocation":"telecomnews\/sell-vodafone-idea-target-price-rs-5-emkay-global","seolocationalt":"Sell Vodafone Idea, target price Rs 5: Emkay Global","url_seo":"sell-vodafone-idea-target-price-rs-5-emkay-global"},"90792074":{"msid":"90792074","stname":"Telco stocks down despite Trai slashing base price of 33-36 GHz bands, 700 MHz bands","artsyn":"Telecom stocks fell in morning trade, with experts saying that the telecom regulator\u2019s fresh prices for existing bands are still too steep. Reliance Industries, the parent of telecom market leader Reliance Jio, was trading 1.5% lower, while Bharti Airtel was down 1.1% and Vodafone Idea lost 3%.","seolocation":"telecomnews\/telco-stocks-down-despite-trai-slashing-base-price-of-33-36-ghz-bands-700-mhz-bands","seolocationalt":"Telco stocks down despite Trai slashing base price of 33-36 GHz bands, 700 MHz bands","url_seo":"telco-stocks-down-despite-trai-slashing-base-price-of-33-36-ghz-bands-700-mhz-bands"}}}}" data-news-images="[{"msid":"86029160","msname":"Vodafone Idea Vi","msnameseo":"vodafone-idea-vi","mediatype":"21","artdate":"2021-08-14 14:00:00.0","caption":""}]" 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">
