独家
Care下调了沃达丰Idea长期银行贷款、非传染性疾病的评级
文件还称，长期银行信贷评级已从A-下调至BBB-，非可转换债券评级则从A-下调至BBB-。
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“除非发起人注入足够的资金，否则政府不会入股沃达丰Idea”
官员们告诉《印度经济时报》，发起人——英国沃达丰公司和Aditya Birla集团——表示愿意向电信公司注入大约200 - 300亿卢比，这不足以重振该公司。
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该文件称，它还考虑了“由于与AGR相关的计提、递延资产的确认以及资产的额外折旧/减值计提，从而导致有形净值和整体债务保护指标显著恶化而导致的20财年第二季度的重大亏损”。
文件还称，长期银行信贷评级已从A-下调至BBB-，非可转换债券评级则从A-下调至BBB-。
在另一份文件中，该公司通知Crisil下调了对前沃达丰移动服务有限公司(VMSL) 3500亿卢比不可转换债券的评级。
＂...此次降级是由于对财务风险状况的重大影响，原因是对调整后总营收(AGR)相关争议负债的潜在支付以及持续疲弱的经营业绩。”
因此，不可转换债券的信用等级从BBB+下调为BBB-。”
最高法院支持政府的立场，即在计算电信公司的年度调整总收入(AGR)时包括非电信业务的收入，其中一部分作为许可证和频谱费支付给财政部。
本周早些时候，电信部长拉维·尚卡尔·普拉萨德在一份书面答复中告知下议院，在判决之后，Bharti Airtel、沃达丰Idea和其他电信公司在过去的法定费用中欠债高达1.47万亿卢比。
政府本周早些时候向负债累累的电信公司发放了4200亿卢比的减免，此前该公司同意在未来两年不收取他们使用的频谱的任何费用，尽管它没有提供任何AGR费用的减免。
![\"Care](\"https:\/\/st.etb2bimg.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
<\/figure> NEW DELHI: Vodafone Idea<\/a> on Friday said Care<\/a> Ratings has downgraded rating on its long term bank facilities<\/a> and non-convertible debentures<\/a> citing erosion in the firm's overall risk profile following the SC ruling on AGR<\/a> dues, as also significant losses in September quarter. \"...the downgrade is on account of significant erosion in the overall risk profile of the company while taking into cognizance of the financial impact of unfavourable ruling of Supreme Court...,\" the company said in a regulatory filing. It also takes into account \"significant losses in Q2FY20 due to provision related to AGR dues, recognition of deferred assets and provision for additional depreciation\/impairment of assets and consequently resulting in the significant deterioration in the tangible net worth and overall debt protection metrics\", the filing said.
The credit rating has been revised to BBB- from A- on long term bank facilities and to BBB- from A- in case of non-convertible debentures, the filing added.
<\/div><\/div>\"It is hereby informed that Care Ratings (CARE), has downgraded its rating on Long Term Bank Facilities and Non-Convertible Debentures as per the rating rationale uploaded on its website today,\" the filing said.
In a separate filing the company informed that Crisil has downgraded its rating on non-convertible debentures of Rs 3,500 crores of erstwhile Vodafone Mobile Services Limited (VMSL).
\"...the downgrade is on account of substantial impact on the financial risk profile on account of the potential payout against the adjusted gross revenue (AGR) related disputed liability and continued weak operating performance\" the company said.
Accordingly, the rating has been revised to BBB- from BBB+ on non-convertible debentures, it added.
The Supreme Court has upheld the government's position on including revenue from non-telecommunication businesses in calculating the annual adjusted gross revenue (AGR) of telecom companies, a share of which is paid as licence and spectrum fees to the exchequer.
Earlier this week, Telecom Minister Ravi Shankar Prasad had informed the Lok Sabha in a written reply that Bharti Airtel, Vodafone Idea and other telecom companies owe the government as much as Rs 1.47 lakh crore in past statutory dues, following the judgement.
In a separate filing the company informed that Crisil has downgraded its rating on non-convertible debentures of Rs 3,500 crores of erstwhile Vodafone Mobile Services Limited (VMSL).
\"...the downgrade is on account of substantial impact on the financial risk profile on account of the potential payout against the adjusted gross revenue (AGR) related disputed liability and continued weak operating performance\" the company said.
Accordingly, the rating has been revised to BBB- from BBB+ on non-convertible debentures, it added.
The Supreme Court has upheld the government's position on including revenue from non-telecommunication businesses in calculating the annual adjusted gross revenue (AGR) of telecom companies, a share of which is paid as licence and spectrum fees to the exchequer.
Earlier this week, Telecom Minister Ravi Shankar Prasad had informed the Lok Sabha in a written reply that Bharti Airtel, Vodafone Idea and other telecom companies owe the government as much as Rs 1.47 lakh crore in past statutory dues, following the judgement.
<\/div><\/div>In the case of Vodafone Idea, the liabilities stand at a cumulative Rs 53,038 crore, including Rs 24,729 crore of spectrum usage charges dues and Rs 28,309 crore in licence fee.
The government earlier this week doled out a Rs 42,000 crore relief to debt-laden telecom companies after it agreed not to take any payments for spectrum they use for the next two years, although it did not offer any relief on AGR dues.
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The government earlier this week doled out a Rs 42,000 crore relief to debt-laden telecom companies after it agreed not to take any payments for spectrum they use for the next two years, although it did not offer any relief on AGR dues.
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Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"15.0","minfoseo":"15-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1574437352864","minfoseo":"1574437352864"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"HashCode":{"minfo":"-1202233193","minfoseo":"-1202233193"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"OriginalImageHeightPx":{"minfo":"900.0","minfoseo":"900-0"},"OriginalImageWidthPx":{"minfo":"1200.0","minfoseo":"1200-0"},"NumberOfCharacters":{"minfo":"2700.0","minfoseo":"2700-0"},"NumberOfWords":{"minfo":"422.0","minfoseo":"422-0"},"key":{"0":{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"49626","value":"Care","smid":"0","keynameseo":"Care","keytype":"","keycount":"totalcount","weightage":"80"},"2":{"keyid":"1160787","value":"long term bank facilities","smid":"0","keynameseo":"long-term-bank-facilities","keytype":"","keycount":"totalcount","weightage":"60"},"3":{"keyid":"349263","value":"AGR","smid":"0","keynameseo":"AGR","keytype":"","keycount":"totalcount","weightage":"40"},"4":{"keyid":"6355663","value":"non-convertible debentures","smid":"0","keynameseo":"non-convertible-debentures","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"388461","value":"downgrade","smid":"0","keynameseo":"downgrade","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":[],"similarlytagged":[{"msid":"96817242","stname":"Telecom Diary: SOS for Vodafone Idea","artsyn":"Amidst all this, Vodafone Idea is struggling. A fund raise is critical to its survival but it seems no one including promoters, lenders or even the government which planned to acquire an equity stake in Vodafone Idea against its accrued interest on deferred AGR (adjusted gross revenues) dues is willing to take the first step.","seolocation":"telecomnews\/telecom-diary-sos-for-vodafone-idea","seolocationalt":"Telecom Diary: SOS for Vodafone Idea","url_seo":"telecom-diary-sos-for-vodafone-idea"},{"msid":"96805049","stname":"Vodafone Idea faces DoT\u2019s operations & finance inspection","artsyn":"Also, the government is hesitant to pick up equity in the company (as had been approved by the Cabinet) as its share price has fallen under Rs 10 (it closed at Rs 7. 85 on Friday, down 7% in the past six months). The board of the company had offered the government the stake at a par value of Rs 10 per share, based on which the government had made all the financial calculations regarding its entry (for a stake of around 33%).","seolocation":"telecomnews\/vodafone-idea-faces-dots-operations-finance-inspection","seolocationalt":"Vodafone Idea faces DoT\u2019s operations & finance inspection","url_seo":"vodafone-idea-faces-dots-operations-finance-inspection"},{"msid":"96796031","stname":"Banks not keen to fund India's Vodafone Idea before capital hike: Sources","artsyn":"The company needs the funds to remain in business. But the lenders will wait for either a capital increase by its main shareholders - UK-based Vodafone Group and local investor Aditya Birla Group - or a debt-to-equity conversion by the government before granting the debt-laden operator more funding, the sources told Reuters.","seolocation":"telecomnews\/banks-not-keen-to-fund-indias-vodafone-idea-before-capital-hike-sources","seolocationalt":"Banks not keen to fund India's Vodafone Idea before capital hike: Sources","url_seo":"banks-not-keen-to-fund-indias-vodafone-idea-before-capital-hike-sources"},{"msid":"96778584","stname":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","artsyn":"Co-promoted by the UK's Vodafone Plc and India's Aditya Birla Group (ABG), Vi needs the cash quickly as its dues to Indus have mounted to around Rs 7,500 crore. It has given a commitment to the tower company to pay 100% of its current dues from January onwards, and also clear its outstanding as of December 31, 2022, over seven months, starting this month.","seolocation":"telecomnews\/vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans","seolocationalt":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","url_seo":"vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans"},{"msid":"96778522","stname":"Revenue growth of telcos likely to be sluggish in Q3","artsyn":"JPL's profit after tax (PAT) for the quarter is expected to be flat at Rs 4,753.8 crore as the company recognises a portion of 4G spectrum cost, said ICICI Securities. The firm expects Bharti Airtel to benefit from lower forex in the quarter, pushing its PAT up nearly 49% quarter-on-quarter to Rs 3,194.5 crore.","seolocation":"telecomnews\/revenue-growth-of-telcos-likely-to-be-sluggish-in-q3","seolocationalt":"Revenue growth of telcos likely to be sluggish in Q3","url_seo":"revenue-growth-of-telcos-likely-to-be-sluggish-in-q3"},{"msid":"96766022","stname":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","artsyn":"Vaishnaw, speaking on the sidelines of a 5G launch event in Bhubaneswar on Thursday, said that Vodafone Idea needs capital infusion and not just the conversion of its dues into government equity.","seolocation":"telecomnews\/km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report","seolocationalt":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","url_seo":"km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report"},{"msid":"96759164","stname":"Vodafone Idea needs capital, not mere dues conversion to equity: Vaishnaw","artsyn":"\u201cVodafone Idea has many requirements. It has a particular requirement of capital. How much capital, who will infuse? All those things are under discussion at this point of time,\" Vaishnaw told reporters. \"The responsibility of capital has to come from various sources \u2026 All those things are complex issues.\u201d","seolocation":"telecomnews\/vodafone-idea-equity-conversion-complex-issue-under-discussion-vaishnaw","seolocationalt":"Vodafone Idea needs capital, not mere dues conversion to equity: Vaishnaw","url_seo":"vodafone-idea-equity-conversion-complex-issue-under-discussion-vaishnaw"},{"msid":"96753915","stname":"Ashwini Vaishnaw launches high-speed 5G services in Odisha, statewide coverage by Aug 2024","artsyn":"\u201cPrime Minister Narendra Modi-led government has earmarked Rs 5,600 crores to deploy 5,000 towers across 7,000 villages across Odisha,\u201d Vaishnaw added.","seolocation":"telecomnews\/ashwini-vaishnaw-launches-high-speed-5g-services-in-odisha-statewide-coverage-by-year-end","seolocationalt":"Ashwini Vaishnaw launches high-speed 5G services in Odisha, statewide coverage by Aug 2024","url_seo":"ashwini-vaishnaw-launches-high-speed-5g-services-in-odisha-statewide-coverage-by-year-end"},{"msid":"96750776","stname":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","artsyn":"In a recent letter to Doraiswami, the UK India Business Council has said that conversion delay by India\u2019s Department of Telecommunications (DoT) \u2014 despite a written clearance by the finance ministry and support of the Prime Minister\u2019s Office \u2014 has hurt the cash-strapped Vodafone Idea\u2019s operations as it wasn\u2019t able to raise funds.","seolocation":"telecomnews\/uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion","seolocationalt":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","url_seo":"uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion"},{"msid":"96723775","stname":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","artsyn":"Officials told ET that the promoters - Vodafone Plc of UK and the Aditya Birla Group - have indicated a willingness to infuse around Rs 2,000-3,000 crore in the telco, which is inadequate to revive the company.","seolocation":"telecomnews\/no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash","seolocationalt":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","url_seo":"no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash"},{"msid":"96713122","stname":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","artsyn":"Abhishek will take up the role from January 3, 2023, subject to approval of shareholders, for a term of five years till January 2, 2028, the tower company said in its BSE filings.","seolocation":"telecomnews\/indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director","seolocationalt":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","url_seo":"indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director"},{"msid":"96695554","stname":"Airtel sets its sights on raising revenue market share to over 40%","artsyn":"Besides rival Vodafone Idea\u2019s vulnerability in the absence of funding and 5G services, Airtel is betting on its rural push to bridge the coverage gap with market leader Reliance Jio. The company is also expanding its home broadband business and pushing for conversions to post-paid from pre-paid for the RMS growth.","seolocation":"telecomnews\/airtel-sets-its-sights-on-raising-revenue-market-share-to-over-40","seolocationalt":"Airtel sets its sights on raising revenue market share to over 40%","url_seo":"airtel-sets-its-sights-on-raising-revenue-market-share-to-over-40"},{"msid":"96684045","stname":"Mobile phone tariff hikes likely mid-2023: Analysts","artsyn":"\u201cWith 5G related ARPU (average revenue per user) uplift likely to be insignificant in near future, 4G prepaid tariff hike remains the most important ARPU lever for telcos. We see higher probability of 4G prepaid tariff hikes in mid-2023,\u201d said brokerage firm IIFL Securities in a report. \u201cPushing tariff hikes closer to 2024 elections raises the risk of political backlash\u201d.","seolocation":"telecomnews\/mobile-phone-tariff-hikes-likely-mid-2023-analysts","seolocationalt":"Mobile phone tariff hikes likely mid-2023: Analysts","url_seo":"mobile-phone-tariff-hikes-likely-mid-2023-analysts"},{"msid":"96682654","stname":"Waive license fee, AGR to boost local firms, entrepreneurs: VNO body to PMO","artsyn":"In a letter to the Prime Minister Office (PMO) dated January 2, 2023, RK Mehta, secretary general of VNOI said, \"Difficulties are being faced by the UL-VNO licensees in the provisioning the services in compliance to the license conditions, is making business unviable.\"","seolocation":"telecomnews\/waive-license-fee-agr-to-boost-local-firms-entrepreneurs-vno-body-to-pmo","seolocationalt":"Waive license fee, AGR to boost local firms, entrepreneurs: VNO body to PMO","url_seo":"waive-license-fee-agr-to-boost-local-firms-entrepreneurs-vno-body-to-pmo"},{"msid":"96634785","stname":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","artsyn":"These Vodafone Idea plans are priced at Rs 25 and Rs 55, and offer 1.1GB data and 3.3GB data, respectively, with a validity of 1 day and 7 days.","seolocation":"telecomnews\/vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit","seolocationalt":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","url_seo":"vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit"},{"msid":"96593761","stname":"AGR to exclude revenue from landline services: DoT","artsyn":"\u200b\u201cIt is clarified that for calculating total SUC payable with the weighted average method, the actual AGR will be taken after excluding revenue from wireline services,\u201d DoT said in an order, dated December 26, which was issued Thursday.","seolocation":"telecomnews\/agr-to-exclude-revenue-from-landline-services-dot","seolocationalt":"AGR to exclude revenue from landline services: DoT","url_seo":"agr-to-exclude-revenue-from-landline-services-dot"},{"msid":"96582610","stname":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","artsyn":"The official said Airtel is not looking at a premium pricing for its 5G services, which is being rolled out at a rapid pace, and reiterated that the telco doesn\u2019t need the 700 MHz band in the future as well for its next gen services. He added that currently, only 12% of the devices support 5G in India and that significant revenue opportunities from captive networks were still sometime away, with use cases still being developed and trialled.\u200b","seolocation":"telecomnews\/airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g","seolocationalt":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","url_seo":"airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g"},{"msid":"96570057","stname":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","artsyn":"The issue of interference from illegal boosters and Right of Way (RoW) challenges came up for discussion at the meeting, which lasted for almost two hours. Sources said that operators made a detailed presentation to the Department of Telecom on current levels of service quality against stipulated benchmarks.","seolocation":"telecomnews\/telecom-department-discusses-service-quality-issues-with-telcos","seolocationalt":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","url_seo":"telecom-department-discusses-service-quality-issues-with-telcos"},{"msid":"96569405","stname":"Identify 6 GHz band for mobile applications to improve service quality: Telco group","artsyn":"\u201cWe recommend that the most optimal allocation for the country in the 6 GHz band would be to identify the entire 5925-7125 MHz (1200 MHz) spectrum in the 6 GHz band for mobile applications as this would maximise the economic and societal benefits for the nation,\u201d SP Kochhar, director-general, COAI said, adding that since the band offer both coverage and capacity, it would boost quality of service (QoS) in 5G era.","seolocation":"telecomnews\/identify-6-ghz-band-for-mobile-applications-to-improve-service-quality-telco-group","seolocationalt":"Identify 6 GHz band for mobile applications to improve service quality: Telco group","url_seo":"identify-6-ghz-band-for-mobile-applications-to-improve-service-quality-telco-group"},{"msid":"96530742","stname":"DoT to meet mobile operators to discuss service quality","artsyn":"\"The meeting will be overseen by telecom secretary K Rajaraman,\" an official told ET. It may also be shifted to the first week of January in case officials of DoT or executives of telecom operators are unavailable due to year-end holidays.","seolocation":"telecomnews\/dot-to-meet-mobile-operators-to-discuss-service-quality","seolocationalt":"DoT to meet mobile operators to discuss service quality","url_seo":"dot-to-meet-mobile-operators-to-discuss-service-quality"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"49626","value":"Care","smid":"0","keynameseo":"Care","keytype":"","keycount":"totalcount","weightage":"80"},{"keyid":"1160787","value":"long term bank facilities","smid":"0","keynameseo":"long-term-bank-facilities","keytype":"","keycount":"totalcount","weightage":"60"},{"keyid":"349263","value":"AGR","smid":"0","keynameseo":"AGR","keytype":"","keycount":"totalcount","weightage":"40"},{"keyid":"6355663","value":"non-convertible debentures","smid":"0","keynameseo":"non-convertible-debentures","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354887","value":"Industry","smid":"0","keynameseo":"Industry","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"388461","value":"downgrade","smid":"0","keynameseo":"downgrade","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"non-convertible debentures"},{"name":"long term bank facilities"},{"name":"Vodafone Idea"},{"name":"downgrade"},{"name":"Industry"},{"name":"Care"},{"name":"AGR"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Vodafone Idea","Care","long term bank facilities","AGR","non-convertible debentures","Industry","downgrade"],"filterTags":[]},"breadcrumbTags":["Vodafone Idea","Care","long term bank facilities","AGR","non-convertible debentures","Industry","downgrade"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/care-downgrades-rating-on-vodafone-ideas-long-term-bank-facilities-ncds\/72188637","associated":{"articles":{"96817242":{"msid":"96817242","stname":"Telecom Diary: SOS for Vodafone Idea","artsyn":"Amidst all this, Vodafone Idea is struggling. A fund raise is critical to its survival but it seems no one including promoters, lenders or even the government which planned to acquire an equity stake in Vodafone Idea against its accrued interest on deferred AGR (adjusted gross revenues) dues is willing to take the first step.","seolocation":"telecomnews\/telecom-diary-sos-for-vodafone-idea","seolocationalt":"Telecom Diary: SOS for Vodafone Idea","url_seo":"telecom-diary-sos-for-vodafone-idea"},"96805049":{"msid":"96805049","stname":"Vodafone Idea faces DoT\u2019s operations & finance inspection","artsyn":"Also, the government is hesitant to pick up equity in the company (as had been approved by the Cabinet) as its share price has fallen under Rs 10 (it closed at Rs 7. 85 on Friday, down 7% in the past six months). The board of the company had offered the government the stake at a par value of Rs 10 per share, based on which the government had made all the financial calculations regarding its entry (for a stake of around 33%).","seolocation":"telecomnews\/vodafone-idea-faces-dots-operations-finance-inspection","seolocationalt":"Vodafone Idea faces DoT\u2019s operations & finance inspection","url_seo":"vodafone-idea-faces-dots-operations-finance-inspection"},"96796031":{"msid":"96796031","stname":"Banks not keen to fund India's Vodafone Idea before capital hike: Sources","artsyn":"The company needs the funds to remain in business. But the lenders will wait for either a capital increase by its main shareholders - UK-based Vodafone Group and local investor Aditya Birla Group - or a debt-to-equity conversion by the government before granting the debt-laden operator more funding, the sources told Reuters.","seolocation":"telecomnews\/banks-not-keen-to-fund-indias-vodafone-idea-before-capital-hike-sources","seolocationalt":"Banks not keen to fund India's Vodafone Idea before capital hike: Sources","url_seo":"banks-not-keen-to-fund-indias-vodafone-idea-before-capital-hike-sources"},"96778584":{"msid":"96778584","stname":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","artsyn":"Co-promoted by the UK's Vodafone Plc and India's Aditya Birla Group (ABG), Vi needs the cash quickly as its dues to Indus have mounted to around Rs 7,500 crore. It has given a commitment to the tower company to pay 100% of its current dues from January onwards, and also clear its outstanding as of December 31, 2022, over seven months, starting this month.","seolocation":"telecomnews\/vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans","seolocationalt":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","url_seo":"vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans"},"96778522":{"msid":"96778522","stname":"Revenue growth of telcos likely to be sluggish in Q3","artsyn":"JPL's profit after tax (PAT) for the quarter is expected to be flat at Rs 4,753.8 crore as the company recognises a portion of 4G spectrum cost, said ICICI Securities. The firm expects Bharti Airtel to benefit from lower forex in the quarter, pushing its PAT up nearly 49% quarter-on-quarter to Rs 3,194.5 crore.","seolocation":"telecomnews\/revenue-growth-of-telcos-likely-to-be-sluggish-in-q3","seolocationalt":"Revenue growth of telcos likely to be sluggish in Q3","url_seo":"revenue-growth-of-telcos-likely-to-be-sluggish-in-q3"},"96766022":{"msid":"96766022","stname":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","artsyn":"Vaishnaw, speaking on the sidelines of a 5G launch event in Bhubaneswar on Thursday, said that Vodafone Idea needs capital infusion and not just the conversion of its dues into government equity.","seolocation":"telecomnews\/km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report","seolocationalt":"KM Birla meets Vaishnaw to urge govt to expedite Vodafone Idea\u2019s dues conversion into equity: Report","url_seo":"km-birla-meets-vaishnaw-to-urge-govt-to-expedite-vodafone-ideas-dues-conversion-into-equity-report"},"96759164":{"msid":"96759164","stname":"Vodafone Idea needs capital, not mere dues conversion to equity: Vaishnaw","artsyn":"\u201cVodafone Idea has many requirements. It has a particular requirement of capital. How much capital, who will infuse? All those things are under discussion at this point of time,\" Vaishnaw told reporters. \"The responsibility of capital has to come from various sources \u2026 All those things are complex issues.\u201d","seolocation":"telecomnews\/vodafone-idea-equity-conversion-complex-issue-under-discussion-vaishnaw","seolocationalt":"Vodafone Idea needs capital, not mere dues conversion to equity: Vaishnaw","url_seo":"vodafone-idea-equity-conversion-complex-issue-under-discussion-vaishnaw"},"96753915":{"msid":"96753915","stname":"Ashwini Vaishnaw launches high-speed 5G services in Odisha, statewide coverage by Aug 2024","artsyn":"\u201cPrime Minister Narendra Modi-led government has earmarked Rs 5,600 crores to deploy 5,000 towers across 7,000 villages across Odisha,\u201d Vaishnaw added.","seolocation":"telecomnews\/ashwini-vaishnaw-launches-high-speed-5g-services-in-odisha-statewide-coverage-by-year-end","seolocationalt":"Ashwini Vaishnaw launches high-speed 5G services in Odisha, statewide coverage by Aug 2024","url_seo":"ashwini-vaishnaw-launches-high-speed-5g-services-in-odisha-statewide-coverage-by-year-end"},"96750776":{"msid":"96750776","stname":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","artsyn":"In a recent letter to Doraiswami, the UK India Business Council has said that conversion delay by India\u2019s Department of Telecommunications (DoT) \u2014 despite a written clearance by the finance ministry and support of the Prime Minister\u2019s Office \u2014 has hurt the cash-strapped Vodafone Idea\u2019s operations as it wasn\u2019t able to raise funds.","seolocation":"telecomnews\/uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion","seolocationalt":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","url_seo":"uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion"},"96723775":{"msid":"96723775","stname":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","artsyn":"Officials told ET that the promoters - Vodafone Plc of UK and the Aditya Birla Group - have indicated a willingness to infuse around Rs 2,000-3,000 crore in the telco, which is inadequate to revive the company.","seolocation":"telecomnews\/no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash","seolocationalt":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","url_seo":"no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash"},"96713122":{"msid":"96713122","stname":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","artsyn":"Abhishek will take up the role from January 3, 2023, subject to approval of shareholders, for a term of five years till January 2, 2028, the tower company said in its BSE filings.","seolocation":"telecomnews\/indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director","seolocationalt":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","url_seo":"indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director"},"96695554":{"msid":"96695554","stname":"Airtel sets its sights on raising revenue market share to over 40%","artsyn":"Besides rival Vodafone Idea\u2019s vulnerability in the absence of funding and 5G services, Airtel is betting on its rural push to bridge the coverage gap with market leader Reliance Jio. The company is also expanding its home broadband business and pushing for conversions to post-paid from pre-paid for the RMS growth.","seolocation":"telecomnews\/airtel-sets-its-sights-on-raising-revenue-market-share-to-over-40","seolocationalt":"Airtel sets its sights on raising revenue market share to over 40%","url_seo":"airtel-sets-its-sights-on-raising-revenue-market-share-to-over-40"},"96684045":{"msid":"96684045","stname":"Mobile phone tariff hikes likely mid-2023: Analysts","artsyn":"\u201cWith 5G related ARPU (average revenue per user) uplift likely to be insignificant in near future, 4G prepaid tariff hike remains the most important ARPU lever for telcos. We see higher probability of 4G prepaid tariff hikes in mid-2023,\u201d said brokerage firm IIFL Securities in a report. \u201cPushing tariff hikes closer to 2024 elections raises the risk of political backlash\u201d.","seolocation":"telecomnews\/mobile-phone-tariff-hikes-likely-mid-2023-analysts","seolocationalt":"Mobile phone tariff hikes likely mid-2023: Analysts","url_seo":"mobile-phone-tariff-hikes-likely-mid-2023-analysts"},"96682654":{"msid":"96682654","stname":"Waive license fee, AGR to boost local firms, entrepreneurs: VNO body to PMO","artsyn":"In a letter to the Prime Minister Office (PMO) dated January 2, 2023, RK Mehta, secretary general of VNOI said, \"Difficulties are being faced by the UL-VNO licensees in the provisioning the services in compliance to the license conditions, is making business unviable.\"","seolocation":"telecomnews\/waive-license-fee-agr-to-boost-local-firms-entrepreneurs-vno-body-to-pmo","seolocationalt":"Waive license fee, AGR to boost local firms, entrepreneurs: VNO body to PMO","url_seo":"waive-license-fee-agr-to-boost-local-firms-entrepreneurs-vno-body-to-pmo"},"96634785":{"msid":"96634785","stname":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","artsyn":"These Vodafone Idea plans are priced at Rs 25 and Rs 55, and offer 1.1GB data and 3.3GB data, respectively, with a validity of 1 day and 7 days.","seolocation":"telecomnews\/vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit","seolocationalt":"Vodafone Idea rolls out new data add-on plans with ad-free music benefit","url_seo":"vodafone-idea-rolls-out-new-data-add-on-plans-with-ad-free-music-benefit"},"96593761":{"msid":"96593761","stname":"AGR to exclude revenue from landline services: DoT","artsyn":"\u200b\u201cIt is clarified that for calculating total SUC payable with the weighted average method, the actual AGR will be taken after excluding revenue from wireline services,\u201d DoT said in an order, dated December 26, which was issued Thursday.","seolocation":"telecomnews\/agr-to-exclude-revenue-from-landline-services-dot","seolocationalt":"AGR to exclude revenue from landline services: DoT","url_seo":"agr-to-exclude-revenue-from-landline-services-dot"},"96582610":{"msid":"96582610","stname":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","artsyn":"The official said Airtel is not looking at a premium pricing for its 5G services, which is being rolled out at a rapid pace, and reiterated that the telco doesn\u2019t need the 700 MHz band in the future as well for its next gen services. He added that currently, only 12% of the devices support 5G in India and that significant revenue opportunities from captive networks were still sometime away, with use cases still being developed and trialled.\u200b","seolocation":"telecomnews\/airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g","seolocationalt":"Airtel plans to list profitable payments bank, no plans to charge premium for 5G","url_seo":"airtel-plans-to-list-profitable-payments-bank-no-plans-to-charge-premium-for-5g"},"96570057":{"msid":"96570057","stname":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","artsyn":"The issue of interference from illegal boosters and Right of Way (RoW) challenges came up for discussion at the meeting, which lasted for almost two hours. Sources said that operators made a detailed presentation to the Department of Telecom on current levels of service quality against stipulated benchmarks.","seolocation":"telecomnews\/telecom-department-discusses-service-quality-issues-with-telcos","seolocationalt":"DoT dials telcos on call drops, service quality issues; discusses interventions, measures needed","url_seo":"telecom-department-discusses-service-quality-issues-with-telcos"},"96569405":{"msid":"96569405","stname":"Identify 6 GHz band for mobile applications to improve service quality: Telco group","artsyn":"\u201cWe recommend that the most optimal allocation for the country in the 6 GHz band would be to identify the entire 5925-7125 MHz (1200 MHz) spectrum in the 6 GHz band for mobile applications as this would maximise the economic and societal benefits for the nation,\u201d SP Kochhar, director-general, COAI said, adding that since the band offer both coverage and capacity, it would boost quality of service (QoS) in 5G era.","seolocation":"telecomnews\/identify-6-ghz-band-for-mobile-applications-to-improve-service-quality-telco-group","seolocationalt":"Identify 6 GHz band for mobile applications to improve service quality: Telco group","url_seo":"identify-6-ghz-band-for-mobile-applications-to-improve-service-quality-telco-group"},"96530742":{"msid":"96530742","stname":"DoT to meet mobile operators to discuss service quality","artsyn":"\"The meeting will be overseen by telecom secretary K Rajaraman,\" an official told ET. It may also be shifted to the first week of January in case officials of DoT or executives of telecom operators are unavailable due to year-end holidays.","seolocation":"telecomnews\/dot-to-meet-mobile-operators-to-discuss-service-quality","seolocationalt":"DoT to meet mobile operators to discuss service quality","url_seo":"dot-to-meet-mobile-operators-to-discuss-service-quality"}}}}" data-news-images="[{"msid":"72188687","msname":"Vodafone Idea","msnameseo":"vodafone-idea","mediatype":"1","artdate":"2019-11-18 18:30:00.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
