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Vodafone Group PLC Add to portfolio

LON100:VOD, Apr 21, 07:04 UTC

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Sunday, April 15


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Vodafone Idea deal: DoT awaits FDI clearance for Idea to approve merger with Vodafone

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DoT awaits FDI clearance for Idea to approve merger with Vodafone. NEW DELHI: DoT is waiting for DIPP to give clearance for raising the foreign direct investment (FDI) limit in Idea Cellular to 100 per cent before approving the merger of Vodafone India with the Aditya Birla group firm, as per official sources. The debt of resultant entity is expected to be around 1.1 lakh crore as per debt situation of Idea and Vodafone India at the end of September 2017. The amalgamation will result in capex synergies, since it will eliminate the duplication of spectrum capacity and infrastructure related requirements. However, FDI clearance in telecom sector also requires approval from the Home Ministry which should be granted within six weeks.

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DoT awaits FDI clearance for Idea to approve merger with Vodafone: Sources

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NEW DELHI: DoT is waiting for DIPP to give clearance for raising the foreign direct investment (FDI) limit in Idea Cellular to 100 per cent before approving the merger of Vodafone India with the Aditya Birla group firm, as per official sources. FDI limit needs to be raised in FDI for clearing both the deals of Idea -- sale of tower to ATC and Vodafone merger," a government official told . However, FDI clearance in telecom sector also requires approval from the Home Ministry which should be granted within six weeks. According to the standard operating procedure (SOP) for processing FDI proposals, all the ministries concerned are required to submit their comments within 4 weeks of the proposal.

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Saturday, April 14


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Jio vs Airtel vs Vodafone vs Idea vs BSNL: Best Packs Under Rs. 300 Compared

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Jio vs Airtel vs Vodafone vs Idea vs BSNL: Best Packs Under Rs. Jio, Airtel and BSNL have launched new plans recently as the competition in the telecom industry doesn’t seem to be dying anytime soon. 300No nobody’s surprise, Jio has the most plans with data offers under Rs. Jio, Airtel, BSNL Offers for IPL 2018 Compared.

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Friday, April 13


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voda idea merger: DoT to asks Vodafone, Idea to clear dues worth Rs 19,000 crore before merger

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Vodafone India’s licence fee and SUC dues (including additional dues on these counts cited by a CAG July 2017 report) is roughly Rs 5,532 crore while its OTSC dues is about Rs 3,600 crore. KOLKATA | NEW DELHI: The telecom department (DoT) is likely to shortly ask Vodafone India and Idea Cellular to collectively pay nearly $3 billion (Rs 18,870 crore approx) of dues relating to a mix of pending licence fees, spectrum usage charges (SUC) and one-time spectrum charges (OTSC) as a pre-condition for clearing their mega merger, three people aware of the matter said. Another person familiar with regulatory compliance matters in an M&A scenario said Vodafone India “might be required to clear its near Rs 3,600-crore OTSC dues to DoT at the earliest,” since the company will no longer exist as a licencee after its merger into Idea. “But Idea, in this case, the acquirer, would be allowed to submit bank guarantees, equivalent to its Rs 2,113 crore OTSC dues, as a pre-condition to its proposed merger with Vodafone India,” he told ET.

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Thursday, April 12


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Vodafone hits major UK 5G milestone

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Vodafone is first UK operator to test 3.4GHz spectrum in preparation for 5G. “5G will improve the quality of our lives and transform how we work,” declared Vodafone UK CEO Nick Jeffery. Vodafone won 50MHz of 3.4GHz bandwidth in the auction – more than any other operator – at a cost of £378 million. This buyers guide focuses on the red hot market of ruggedised mobile computing, covering laptops, 2-in-1 devices, smartphones as well as storage and software.

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Scoop Business » ComCom lays 27 charges against Vodafone

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April 13 (BusinessDesk) – Vodafone New Zealand will defend 27 charges laid by Commerce Commission for false and misleading conduct, alleging the telecommunications company misled consumers into thinking its FibreX product was a full fibre-optic broadband service like those delivered over the government-subsidised ultra-fast broadband network. April 13 (BusinessDesk) – Vodafone New Zealand will defend 27 charges laid by Commerce Commission for false and misleading conduct, alleging the telecommunications company misled consumers into thinking its FibreX product was a full fibre-optic broadband …UPDATE: ComCom files charges against Vodafone for misleading consumers over FibreX; “They noted that consumers are more interested in the speed than the technology behind their internet service, and that FibreX performs to a comparable standard to other fibre access technologies,” Vodafone said. Vodafone said it is disappointed by the approach taken by the Commerce Commission.

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Scoop Business » Charges against Vodafone for FibreX broadband advertising

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The Commerce Commission has laid 27 charges under the Fair Trading Act against Vodafone New Zealand Limited (Vodafone) for engaging in false and misleading conduct in relation to its FibreX broadband service. 113. Commission lays charges against Vodafone for its FibreX broadband advertisingThe Commerce Commission has laid 27 charges under the Fair Trading Act against Vodafone New Zealand Limited (Vodafone) for engaging in false and misleading conduct in relation to its FibreX broadband service. By comparison, full fibre-optic broadband services are delivered over the Government-subsidised Ultra-Fast Broadband network which only uses fibre-optic cabling to deliver broadband to consumers’ homes. The HFC network uses both fibre-optic and copper cabling to deliver broadband to consumers’ homes.

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BRIEF-Vodafone And SAP Join Hands To Power The Adoption Of Industrial IoT

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* VODAFONE AND SAP JOIN HANDS TO POWER THE ADOPTION OF INDUSTRIAL IOT Source text - The 'connected revolution' has the potential to enable an efficient use of scarce resources, automate routine manual tasks, and improve decision-making across industrial sectors such as utilities, manufacturing, automotive, transportation and logistics, to name a few. BRIEF-Vodafone And SAP Join Hands To Power The Adoption Of Industrial IoT. To further accelerate the adoption of Industrial Internet of Things (IIoT) in India, Vodafone and SAP SE (NYSE: SAP) have announced a strategic partnership to develop comprehensive communications solutions for enterprises that will leverage both SAP Leonardo and Vodafone’s IoT Managed Connectivity Platform Further company coverage:. Next Article.

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Wednesday, April 11


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Vodafone rolls out VoLTE services in Punjab

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"Vodafone is the first GSM service provider in Punjab circle enabling customers to make calls using VoLTE," Arvind Nevatia, Business Head Punjab, Himachal Pradesh and Jammu and Kashmir, Vodafone India, said here. CHANDIGARH: Telecom operator Vodafone India today announced the roll-out of its Voice over LTE (VoLTE) services in Punjab. He said customers can access Vodafone VoLTE services on all VoLTE enabled devices. Vodafone VoLTE is a big step towards further enhancing our customer experience and enabling our customers in Punjab to explore newer possibilities with their smart devices," he said.

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Vodafone rolls out VoLTE services in Punjab

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"Vodafone is the first GSM service provider in Punjab circle enabling customers to make calls using VoLTE," Arvind Nevatia, Business Head Punjab, Himachal Pradesh and Jammu and Kashmir, Vodafone India, said here. CHANDIGARH: Telecom operator Vodafone India today announced the roll-out of its Voice over LTE (VoLTE) services in Punjab. He said customers can access Vodafone VoLTE services on all VoLTE enabled devices. Vodafone VoLTE is a big step towards further enhancing our customer experience and enabling our customers in Punjab to explore newer possibilities with their smart devices," he said.

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