Tue, Apr 23, 2024
In a letter to exchanges on Monday, Vodafone Idea wrote: "We wish to inform you that the Board, at its meeting held today i.e. 22 April 2024 has approved and adopted the prospectus dated 22 April 2024 (the “Prospectus”), in connection with the Offer." Vodafone Idea's FPO closed on April 22.
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Wed, Apr 17, 2024
Vodafone Idea raised Rs 5,400 crore from 74 anchor investors including GQG Partners, Fidelity, and Motilal Oswal. This comes ahead of India's largest follow-on public offering (FPO) by Vodafone Idea, aiming to raise Rs 18,000 crore. Funds will be used for network expansion (4G and 5G) and spectrum payment deferral.
Wed, Feb 28, 2024
Vodafone Idea's share price declines as the telecom operator's board approves fundraising of Rs 45,000 crore through equity and debt. The company aims to raise Rs 20,000 crore through equity or equity-linked instruments, with promoters participating in the proposed equity raise. The move follows a notable improvement in operating metrics, including consecutive growth in 4G subscribers and ARPU over the last 10 quarters.
Fri, Oct 27, 2023
PM Modi inaugurated the 7th India Mobile Congress and awarded 100 ‘5G Use Case Labs’ established in educational institutions across India as part of the ‘100 5G Labs’ initiative. He also said that India is not only expanding 5G in the country but also moving in the direction of becoming leaders in the area of 6G technology. n this video, we will take a closer look at PM Modi's speech and what it means for India's future in 6G technology.
Mon, Sep 18, 2023
Vodafone Idea paid ₹1701 crore with interest to DoT. Why positive for Indus Towers? Know the complete news in this video
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