Vodafone Idea News & Updates

[Smh]

anyone looking to opt for no-cost emi :- CC provider will charge extra to provide no cost emi facility 100-200 something then some percentage of the emi. Axis is worst. Then you are supposed to get the charged interest upfront, the actual emi is never zero+gst.

All this non-sense is too complicated.

Don't use No-cost EMI except when buying from Amazon, flipkart where u clearly understand how much you will pay.

 

[igloo]

Doubt vi will last that long.

 

[netomato]

Vodafone Idea: Vodafone Idea to issue debentures worth Rs 1,600 crore to ATC Telecom - The Economic Times

The report was submitted as part of the filing by the company to the stock exchanges on Tuesday.

m.economictimes.com

 

[minuteman]

VI removed daily limit on their ₹2999 annual plan now offers 850 gb data for 365 days and unlimited internet from 12-6am

 

[netomato]

Thanks for sharing it minuteman.

Frankly I feel Vi is the only telco who does something different out of the box as compared to others. I know others are deploying 5G & all but frankly after 1 month of testing imma keep my network settings to 4G only for battery savings. India needs good 5G + great 4G being the backbone of it. 80%+ people don't need more than 100 Mbps speeds.

All they need is freedom from daily data limit saga & all that stuff. Vi is the only telco offering weekend data rollover, binge all night & 2 GB emergency data every month. Offcourse their network is sometimes not up to the mark at some places but once complained they work on it (personally experienced it). I know many will call this biased review but comeon guys...

Do we really need duopoly? Anyways so yeah it's a great plan + this change made it the best. Many people are afraid of Vi going bankrupt but mark my words that's not gonna happen.
Source - International finance experts 😉.

 

[netomato]

Vodafone Idea in talks with SBI for up to ₹16,000-crore loan

The fundraising via debt - talks for which are ongoing for over a month now - though, is held up as the country's largest lender seeks clarity on the government's potential shareholding in Vi, as well as the telco's business scale-up plans.

m.economictimes.com

Another one 😁

 

---

[SVK]

And banks give them loan just like that 😲

 

[igloo]

Well still better than adani loans.

 

[netomato]

Indigenous telecom stack: Vodafone Idea CTO believes India has a chance to compete globally - ET Telecom

Vodafone Idea: Singh also questioned the maturity and stability of OpenRAN technology and said that the technology hasn’t been deployed at scale by telecom operators globally. The reason, he said, that promised capex benefits are not there along with the stability of the technology.

telecom.economictimes.indiatimes.com

Source

 

[netomato]

Vodafone CEO Nick Read to step down

Nick Read will be replaced on an interim basis by Vodafone's chief financial officer Margherita Della Valle.

www.moneycontrol.com

Hopefully she won't cut ropes with Indian division.

 

[Lolita_Magnum]

Vodafone Group Plc has been doing worse for many years now, especially thanks to their malpractices.
At this point, the India Division is just a liability for them. It'd be cheaper to just declare bankruptcy.

 

[netomato]

Emirates Telecommunications raises stake in Britain's Vodafone - ET Telecom

The United Arab Emirates-based telecommunications service provider, the biggest shareholder in Vodafone, previously held a stake of about 10% in the British company.

telecom.economictimes.indiatimes.com

Hmm they see a fortune there.

 

[netomato]

Vodafone Idea, ATC extend last date for subscription of the OCDs to 28 Feb

VIL proposal to issue mobile tower vendor ATC Telecom Infrastructure debentures worth ₹1,600 crore has lapsed

www.livemint.com

 

[netomato]

Fund infusion by January-February must for Vodafone Idea survival, say government officials

The concerns about the carrier have been made worse as government has had no indication of fresh promoter-level equity infusion into Vi, without which it is difficult to go ahead with the conversion into equity of the telco's ₹16,130-crore accrued interest on deferred adjusted gross revenue...

m.economictimes.com

 

[Lolita_Magnum]

So is this worrying for me as a user? Should I be porting? What happens to your numbers when a Telcom suddenly declares bankruptcy and shuts store?