Vodafone Idea Ltd News Today

The government now holds 48.99% stake. The allotment includes 3,695 equity shares of ₹10 each, at par.

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This comes in-line with the telecom sector relief package unveiled the previous month in September 2021 to help financially pressured telecom operators.

If a user travels out of the 5G coverage area, their device will fall back to 4G, using their existing plan's data.

This deal, being completed is conditioned to occur after satisfying few closing conditions; this will most probably happen in about 30 working days.

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According to corporate data, Jio and Vi's RMS levels fell by 45 basis points (bps) to 43.5% and 16%, respectively

Early in July, the three private telecoms increased their mobile prices by 1–25%, and since then, their user bases have been declining.

Cash EBITDA excluding the impact of Ind AS 116 increased to ₹2,320 Crore, the highest since the merger, up 10% quarter on quarter.

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