Vodafone Idea

As India’s networking market evolved in Q2 2021, the country’s Department of Telecommunications (DoT)brutally edged down its sword on telcos Vodafone Idea (VI) and comrade Bharti Airtel by forcing them to pay heavy fines in three weeks concerning flouting of license terms. This harsh decision could not have been taken in a more critical time […]

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. […]

India’s Union Cabinet approved on Wednesday a profusion of the eagerly anticipated relief package aiming to support the country’s distressed telecom sector by providing the option of converting interest on spectrum dues into government equity. Prime Minister Narendra Modi’s Union Cabinet confirmed nine structural reforms and five process reforms leading to a transformation of India’s […]