I think Vi and Bsnl will share the towers in the future. BSNL employee unions suggested that already. So goodbye to Indus Tower.
Vodafone Idea (Vi) is confident its operational creditors, including network gear makers Nokia and Ericsson and tower vendor Indus will continue to support it despite delays in clearing their dues as the telco's upcoming 4G-cum-5G blitz will generate fresh business for them.
Vodafone Idea may issue equity shares to Nokia and Ericsson to settle dues. They are not only business partners but also technical partners. So these stock dilutions are more important to Vi and investors. Wait for money rain.
Vodafone Idea Share Price.. Ace investor Sanjiv Bhasin has advised ET NOW viewers not to sell Vodafone Idea shares. He said that Vi is on the path to becoming EBITDA positive. Vodafone Idea Share, Ye Bhaav Jarur Aayega, Sanjiv Bhasins big bet on Vi stock
Top investor Mark Mobius adds RattanIndia Power, Vodafone Idea to portfolio and said, We are increasing stocks in portfolio because we believe that the opportunities are tremendous. I think the telecom sector is looking very interesting. Vodafone Idea is particularly interesting... we are looking at that as well, Mobius further said.
Pursuant to the Scheme of Amalgamation 35,37,98,538 equity shares of Vodafone Idea held by. Birla TMT Holdings have stood transferred to and vested in Birla Group Holdings on May 24, 2024, it said. Birla Group Holdings shall be categorised as a promoter of Vodafone Idea.
Vodafone Idea to raise Rs 2,075 cr via preferential allotment of shares to Aditya Birla Group at an issue price of Rs 14.87. Promoters started buying.
Vodafone Idea will allot 139.54 crore equity shares to Oriana Investments at an issue price of ₹14.87 a share, which includes a premium of ₹4.87 per equity share. "The Capital Raising Committee of the Board has, at its meeting held today i.e. 21 May 2024, approved the allotment of 1,395,427,034 equity shares of face value of ₹10 each at an issue price of ₹14.87 per equity share (including a premium of ₹4.87 per equity share), aggregating to ₹2,075 crore to Oriana Investments Pte. Ltd (Aditya Birla Group entity forming part of the promoter group), on a preferential basis," Vi said in a notice to stock exchanges. Post the allotment of equity shares in the offer, the paid-up equity share capital of the company stands increased from ₹66,483.45 crore to ₹67,878.88 crore.
Vodafone Idea's AGR dues to plunge 46% if SC verdict on curative petition is favourable: Analysts