Indian telecom operator Vodafone Idea (Vi) has restored its national backbone network with U.S-based telecom equipment maker Ciena to prepare for the fifth-generation (5G) network rollout. Vi noted that as consumers, enterprises, and content players look to embrace more innovative digital experiences across India, its new 300G/400G backbone network increases scale and performance energy and […]
Search results for "Vodafone idea"
Indian telecom operator Vodafone Idea might not have enough financial sturdiness to pull itself out of its accumulated $30 billion debt, despite governmental deliberation of a four-year moratorium on paying overblown past dues. Vodafone Idea’s extravagant debt of almost $30 billion is a result of the Indian government’s pressure on its telecom sector and telcos. […]
As Vodafone Idea descends deeper into its doom, India’s leading telco stock plunged on Wednesday over 5 percent in afternoon trading hours on Bombay Stock Exchange after the operator’s proposals to revive the telecom sector had been snubbed during a recent Cabinet meeting. Last month, the telco’s shares witnessed an 18 percent rise, reaching 31 […]
Vodafone Idea’s (VI) fate is now controlled by the Indian government as the impending demise could immensely affect telecommunication service rivals, stakeholders, and the government, resulting in catastrophic outcomes on the country’s telecom sector. India’s telecommunication sector is wielding its final strategies to push itself from the underlying financial concerns, with Aditya Birla Group’s subsidiary, […]
Indian telecom operator Vodafone Idea (Vi) announced on Saturday a 4.7 percent dip in revenues QoQ, attributing its weak performance to the COVID-19 pandemic, as the operator edges ever closer to bankruptcy. The loss in revenue – which amounts to $1.2 billion – is considered as another blow to the company, which is resorting to outside factors as the main reason behind its […]
Indian telecom operator Vodafone Idea (Vi) 2G subscribers would be the most affected if the company’s financial state remains unsolved, a source close to the matter told ET Telecom. In this case, Vi’s local rivals Reliance Jio and Bharti Airtel will have to facilitate alternative options for Vi’s 2G customers. Experts highlighted that these solutions include providing low-end 4G smartphones or 4G feature phones to Vodafone Idea’s low-end 2G customers. […]
Indian telecom operator Vodafone Idea (Vi), a subsidiary of Aditya Birla Group (ABG), is not looking to file for voluntary bankruptcy despite its financial struggles, ABG senior executives told ET Telecom. Vi’s financial criticality was revealed on June 7 when Kumar Mangalam Birla, chairman of the telco, wrote to the government offering to hand over the group’s stake in Vi to any public sector or local financial entity who could save the company. In his letter, Birla asserted that without immediate government support, […]
Apple Inc and Samsung Electronics will upgrade software for their 5G-enabled phones in India by December, the companies said on Wednesday, as Indian authorities press mobile phone manufacturers to adopt the high-speed network. Apple said it would push software upgrades to recent models, including the iPhone 14, 13, 12 and iPhone SE, which, industry sources […]
Since the introduction of first-generation mobile services, which could only carry voice calls, mobile networks have significantly developed. The fourth generation of mobile networks is capable of handling faster data rates. However, a newer generation of mobile networks is required due to the shifting connectivity requirements, increasing mobile data traffic, and a new class of […]
Reliance Industries’ Jio emerged as the biggest spender in India’s $19 billion 5G spectrum auction, with the top telco player winning airwaves worth $11 billion as the world’s no.2 mobile market gears up for the high-speed wireless network. India’s government aims to begin the rollout of 5G – which it says can provide data speeds […]