All India articles – Page 8
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Financial & Performance
Vi eyes $2bn cash injection
Reports suggest Vodafone’s Indian joint venture will announce funds from a consortium of investors imminently. Fundraising initiative began in September to ease Vi’s debt burden, with 4G expansion also expected to get a boost.
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Premium
Elsewhere in Vodafone's Associates and JVs: Vi joins techco targets
Vi toes the techco line; Zain not intent on gate-crashing Vodafone Egypt sale.
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M&A
Vi cashes in from Indus Towers–Infratel merger
Vodafone’s loss-making JV in India gets a much-needed cash boost from sale of Indus stake. Vi reportedly in talks with private equity investors to raise more funds.
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People
Vi’s Vora joins Mavenir leadership
Former Vi CTO Vishant Vora appointed executive President at Mavenir. Helping open RAN pioneer build out 5G proposition. Troubled Vi left to fight its own fires.
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Premium
Elsewhere in Vodafone’s Associates & JVs: Telenet-VodafoneZiggo merger raises concerns
New Greek towers JV cleared; VodafoneZiggo future remains in spotlight.
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Premium
Indus Towers–Infratel merger finally moves forward
Rejigged agreement offers a safety net for TowerCo amid ongoing questions over Vi’s future.
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M&A
Vodafone gets India tax break from The Hague
International arbitration court rules against India in long-running tax dispute surrounding 2007 Hutchison Essar acquisition. Prime Minister Narendra Modi’s government reportedly mulling an appeal, pending legal advice. In separate tax news, India’s Supreme Court calls for ten-year payback period on outstanding AGR dues.
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Strategy & Change
Elsewhere in Vodafone's Associates & JVs: Vi confirms Indus Tower merger is back on
Dutch cable switchover resumes; Subex gains a role in Vi’s IT consolidation.
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Premium
Huawei woes add to Vodafone Idea pressure
JV forced to consider other options for 5G network. India looks set to tacitly ban use of Chinese equipment. New fundraising efforts on the horizon following AGR decision.
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Premium
Amdocs continues Vodafone Idea IT rework
Long-time VfI partner Amdocs checked off part of its post-merger IT integration contract with a successful postpaid customer consolidation.
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Premium
Infratel–Indus Towers merger remains in limbo
Deal, agreed more than two years ago, continues to be clouded in uncertainty. Latest delay likely related to uncertainty over Vodafone Idea’s payment of AGR dues. Bharti Infratel chairman confident of favourable ruling from Supreme Court, and that Vodafone will “definitely stay” in India.
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Premium
Vodafone: Elsewhere in Associates & JVs
Vodafone Idea drops down to third place in India’s mobile sector as the troubled joint venture continues to reel from Jio’s cut-throat, digital-infused competition.
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Profile
Profile: Kumar Mangalam Birla, Global Expansionist
Straight-talking and hard-working, Birla is a formidable businessman. His commitment to Vodafone Idea cannot be taken for granted.
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Profile
Profile: Sunil Bharti Mittal, Family Guy
A self-made billionaire, Mittal knows how to challenge the busines status quo. His restlessness for growth may take some satisfying.
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Financial & Performance
Jio turns into Vodafone Idea’s worst digital nightmare
Massive Google investment underscores both Jio’s domination and its ambition to develop wide range of popular digital services. Who’s Who of foreign investors, which includes digital-savvy Facebook, now accounts for nearly a third of Jio Platform equity. Vodafone’s long-term outlook in India looks even more perilous than before, after ...
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Suppliers & SCM
O2 supply chain cracks as German rollout goals missed
Indian plant closures and unavailability of field engineers blamed for failure to meet revised 4G rollout targets.
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Financial & Performance
Vodafone Idea down to third spot in Indian mobile
Airtel moves ahead of troubled joint venture, which has jettisoned more than a quarter of its wireless subscriber base since being formed.
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Partnerships & Alliances
Vodafone Idea to trial drone-based food delivery
VfI joins ClearSky consortium to test BVLOS drone operations with Airmap, Curl Analytics, TechEagle, and Zomato. Indian regulator targets commercialisation of drone flights with 13 POCs from cross-industry consortia.
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Premium
Facebook gives Jio a multi-billion pound like
Rival Jio gets fillip from hefty FDI and Facebook digital expertise. Unnamed VfI exec does not rule out similar webscale tie-up for the embattled JV. Indian JV relinquishes last urban stronghold and is set to lose second spot overall.
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Public Affairs
Supreme Court offers Vodafone scant hope
Top court in the land calls halt to operator self-assessment on fees. Irate judge threatens bosses with jail if liabilities not paid in timely manner. Read meets with India government ministers to seek assistance. COVID-19 lockdown measures provide temporary reprieve.