Following the placing, Vodafone holds 82.5 million shares in Indus Towers, equivalent to a 3.1% shareholding
U.K.-based Vodafone Group announced that it has sold 484.7 million shares in Indian tower company Indus Towers, representing 18% of Indus’ share capital, through an accelerated book-build offering.
In a...
Vodafone Idea previously said it aims to launch its 5G network in India later this year
India’s third-largest telecom operator, Vodafone Idea, announced its intention to borrow INR 230 billion ($2.75 billion) in term loans and sought an additional INR 100 billion in bank guarantees,...
Vodafone currently owns 21.5% of Indus Towers via various group entities
U.K.-based Vodafone Group is looking to sell its entire $2.3 billion stake in Indian tower company Indus Towers through stock market block deals, local newspaper Business Standard reported, citing sources with knowledge of the...
Last year, the GSMA said that India should identify and support 6 GHz spectrum for the expansion of 5G services across the country
The Cellular Operators Association of India (COAI) has urged the Indian government to make available 6 GHz spectrum to enable domestic telecom...
Following the issue of the shares, Nokia and Ericsson will have a 1.5% and 0.9% stake in the Vodafone Idea, respectively
Indian carrier Vodafone Idea said it will issue shares worth INR24.58 billion ($294.3 million) to pay existing debts with Nordic vendors Nokia and Ericsson,...
Local telcos Bharti Airtel, Jio and Vodafone Idea will take place in the spectrum auction
India’s Department of Telecom (DoT) has announced a 19-day postponement of the upcoming spectrum auction, now scheduled to begin on June 25.
Local press reports stated that the decision was communicated...
GlobalData noted that 5G technology is expected to represent nearly 45% of the total mobile subscriptions in India by the end of 2028
India’s mobile services revenue is forecast to increase at a compound annual growth rate (CAGR) of 3% from $27.7 billion in 2023...
Vodafone Idea said it aims to launch its 5G network this year
Swedish vendor Ericsson is currently in discussions with Indian operator Vodafone Idea with the aim of securing new orders for 4G and 5G equipment, according to Indian press reports.
“Vodafone Idea is our partner...
Vodafone Idea aims to expand 4G coverage in 17 priority circles and launch 5G in key geographies across India
Indian carrier Vodafone Idea confirmed plans to invest a total of INR500-550 billion ($6-6.6 billion) within the next three years, the carrier’s CEO Akshaya Moondra said...
Vodafone Idea recently secure funds via a $2.16 billion follow-on public offer (FPO)
Indian carrier Vodafone Idea has reportedly accelerated negotiations with Nordic vendors Ericsson and Nokia with the main aim of upgrading its 4G network, local newspaper The Economic Times reported.
According to the report,...
Bharti Airtel, Reliance Jio Infocomm and Vodafone Idea submitted bids to participate in the upcoming 5G spectrum auction
Indian telecom operators Reliance Jio Infocomm, Bharti Airtel and Vodafone Idea will compete to secure additional spectrum for 5G services in an upcoming auction, according to local...
Vodafone Idea recently said it expects to use the equity and debt funding to deploy its 5G service within six to seven months of securing the funds
Indian operator Vodafone Idea said it has concluded its $2.16 billion follow-on public offer (FPO), which closed successfully...
Jio and Airtel are the only two telcos currently offering 5G services in India
Indian operator Reliance Jio Infocomm added a total of 3.59 mobile subscribers during February, taking its overall market share above 40% for the first time, according to the latest data released...
Vodafone Idea said its FPO will be open for public bids between April 18- 22
Indian carrier Vodafone Idea is planning to launch a follow-on public offering (FPO) to raise a total of INR180 billion ($2.16 billion) through a sale of new shares, according to...
BSNL said the core of its 4G network is being developed by the Center for Development of Telematics (C-DoT)
Indian state-run telco Bharat Sanchar Nigam Limited (BSNL) is reportedly seeking technical assistance from Nokia and China's ZTE to help integrate previous technology into its new...
The DoT has set up 5G use case labs within 100 institutes across India with the aim of building competencies and engagement in 5G technologies for students and startup communities
India’s Department of Telecommunications (DoT) has launched an experimental license module that will pave the...
In the upcoming auction, 5G airwaves in 800 MHz, 900 MHz, 1.8 GHz MHz, 2.1 GHz, 2.3 GHz, 2.5 GHz, 3.3 GHz and 26 GHz bands will be put up for sale
India’s Department of Telecommunications (DoT) decided to postpone its upcoming spectrum auction from...
COAI represents incumbent operators Reliance Jio, Bharti Airtel and Vodafone Idea
Indian operators need spectrum in the 6 GHz band to effectively expand 5G networks in the country, according to SP Kochhar, general director of the Cellular Operators Association of India (COAI).
“Unfortunately in the last...
Nokia revealed 5G users in India consumed 17.4 exabytes per month in 2023
5G users in India are using approximately 3.6 times as much mobile data traffic compared to 4G users since October 2022, according to a recent Nokia report.
Nokia’s Mobile Broadband Index (MBiT) revealed...
Vodafone Idea said it will take necessary action to allot ATC a total of 1.44 billion fully paid-up equity shares
Indian telecom operator Vodafone Idea said that tower company American Tower Corporation (ATC) has requested conversion of debentures worth INR4.4 billion ($173.5 million) into equity...
Ericsson expects that significant use cases in the 5G field will emerge in India in the next 12 to 24 months
Swedish vendor Ericsson is currently exploring business opportunities in India's enterprise market as local carriers seek ways to monetize their 5G networks, Indian news...
Vodafone Idea has recently completed its minimum rollout obligation towards 5G deployments in four telecom circles in India
Indian carrier Vodafone Idea expects 5G technology to account for nearly 40% of its overall revenues in 24-to-30 months, according to local press reports. This goal implies...
BSNL plans to launch commercial 4G services nationwide during 2024
State-owned operator Bharat Sanchar Nigam Limited (BSNL) has already activated 3,500 4G base transceiver stations (BTS) across the country, local press reported, citing the company’s chairman and CEO Pravin Kumar Purwar.
These 4G sites were deployed...
The first pilot of the technology for Vodafone Idea is being conducted in Jalandhar, Punjab
U.S.-based Open RAN (O-RAN) provider Mavenir expects to secure a commercial agreement from Indian telco Vodafone Idea for the deployment of the latter's 5G network by the end of the...
