Vodafone Idea

ATC to take up equity in company only after govt completes conversion of Vodafone Idea’s debt to equity

The total OTSC liability on the operators is estimated to be ₹25,000 crore

Open to issuing convertible bonds to big vendors against outstanding payments, CEO Moondra in post-earnings call

Smartphone manufacturers to update existing products with OTA programming to update them with software, configuration settings, encryption keys

Telecos Industry likely to see ₹2-3-lakh crore investment in the next two years, says Telecom Minister

To continue on Monday with round 38

Companies in the race include Mukesh Ambani-led Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and Gautam Adani’s flagship Adani Enterprises.

In all, 23 rounds of bidding were conducted till Friday

Bidding activities resume with 17th round for various low, mid, and high frequency spectrum bands

Reliance Jio’s EMD of ₹14,000 crore means the telco is willing to shell out ₹1.27-lakh crore in the upcoming auctions, according to experts Reliance Jio submits earnest money deposit three times more than Airtel, cements its lead in the 5G race Adani signals limited intent, putting in Rs 100 crore, Airtel puts in Rs 5,500 crore and Vodafone Idea Rs 2,200 crore

Active mobile base dips for first time in 10 months as cash-strapped telcos indicate more tariff hikes to come

For the full year, it shrank by 39 per cent, reporting a loss of ₹28,237.2 crore compared to ₹46,314.5 crore loss in FY21