General Discussions about Vi (Vodafone Idea)

Venku · 5 Aug 2023

Vodafone idea vi network going to give big news soon the above picture uploaded on vi customer care twitter account and expecting 5g launch from Vodafone India

maniotf · 5 Aug 2023

Regarding recent post by vi on Twitter, nothing "Big" happening in terms of 5G. They are just testing their existing network by partnering with Mumbai's Dabbawalas.

Kuttusan · 9 Aug 2023

Vodafone Idea’s enterprise arm partners Yotta to strengthen data center colocation, cloud services portfolio - ET Telecom

Vodafone Idea: Under this partnership, Vi Business said it will “augment its extensive market presence with Yotta’s leadership in high-quality data centers, cloud infrastructure, and service delivery capabilities” to aid the digital transformation journey of Indian enterprises.

telecom.economictimes.indiatimes.com

Kuttusan · 10 Aug 2023

Vodafone Idea seeks time till December to clear statutory dues

Vodafone Idea has told the telecom department it is working in a focused manner to secure funds from banks and third parties and the promoters, too, are committed to supporting the company

www.moneycontrol.com

Kuttusan · 14 Aug 2023

Vodafone Idea Q1 Results: Net loss widens to Rs 7,840 crore; ARPU at Rs 139

Revenue from operations rose by a marginal 2% to Rs 10,655 crore in the first quarter, compared with Rs 10,410 crore in the same quarter of last year. The total gross debt (excluding lease liabilities and including interest accrued but not due) stood at Rs 2.11 lakh crore at the end of June quarter

m.economictimes.com

Kuttusan · 16 Aug 2023

Claims worth Rs 27,328 crore against Vodafone Idea, erstwhile Vodafone entities in India under litigation - ET Telecom

Vodafone Idea: The pending litigations include a Rs 3,857 crore demand – the highest – raised by the Department of Telecommunications (DoT) on erstwhile Vodafone entities for transfer and merger of licences in India. The second-highest claim of Rs 3,599 crore relates to a one-time spectrum...

telecom.economictimes.indiatimes.com

kanagadeepan · 16 Aug 2023

According to the news (link in the last line of this post) Rs2000 crore promised investment from one of the promoters and that too either directly or indirectly will not be enough - according to analysts. Isn't it obvious already???

Forget that 2k crore, even if they managed to fulfill the half-decade old promise of 20,000 Crore Rs (through a combination of Debt and Equity) of investment (after say Freezing the Hell), even that amount will not be enough for improving, even their 4G coverage at par with, even Airtel, forget Jio.

Dues payable to Banks up-to March 31, 2024 is around Rs8380.4 crore. (Later Rs 7000+ crore)
Past Dues payable to Indus Towers is Rs7000 crore. (They have already given last warning)
Payment for 5G spectrum installment Rs1680 crore. (Delayed payment penalty Extra)
Payable to Govt after the Moratorium period Rs40000+ crore (around end of 2025 - Govt announced 4 year Moratorium on Oct2021)
Payable to DoT for the license and SUC for past FY around Rs700 crore, excluding delayed payment Penalty. (Current is extra)
Payable to Nokia and Ericsson for network equipments Rs4000 crore. (They are asking advance payment for new equipment)

The above List is obviously incomplete, as it doesn't include the 5G rollout failure penalty, re-issue of BGs, Inter-connect rejection (to Jio) Penalty, etc...

News Link HERE.