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<\/span><\/figcaption><\/figure>NEW DELHI: Union Minister of Communications Ashwini Vaishnaw<\/a> has said that the government is concerned over the delay by Vodafone Idea<\/a> in raising funds, according to a Financial Express report. The struggling telco has not been able to secure either equity infusion from its promoters, or get funding from investors.

“Of course, there is a concern because investment is supposed to come. And only after investment, the company can revive. Everyone is concerned,” Vaishnaw told the publication, adding that government is constantly “encouraging the promoters” to invest in the company.

In February this year, the Centre converted Vodafone Idea’s interest dues worth Rs 16,123 crore into equity, following assurance from the promoters that they will invest in the company. Recently,
Aditya Birla Group<\/a> chairman Kumar Mangalam Birla<\/a> joined the telco’s board, reigniting hopes that the telco’s fundraising efforts will accelerate.

Vodafone Group Plc, which holds a 32% stake in Vodafone Idea in FY23 earnings statement did not indicate that the company will further invest in its Indian telecom JV with the Aditya Birla Group. The British telecom group also said that it is not recording further losses related to Vodafone Idea.

The Centre is currently the largest stakeholder in Vodafone Idea with a 33.4% stake, while the Aditya Birla Group holds 18%, as per the report.

The delay in funding is also delaying Vodafone Idea’s 5G network launch at a time when its rivals
Reliance Jio<\/a> and Bharti Airtel<\/a> are aggressively deploying 5G network in cities\/towns across the country. India has now 2,00,000 5G sites.

“We continue to remain engaged with our lenders for further debt fundraising as well as with other parties for equity or equity-linked fund raising, to make required investments for network expansion, including 5G rollout,”
Akshaya Moondra<\/a>, chief executive, Vodafone Idea, said in the telco’s earnings statement Thursday.

Read also<\/h4>
<\/a><\/figure>
Trai in a bind as Vodafone Idea accuses rivals of predatory pricing<\/a><\/h5><\/div>
<\/a><\/figure>
Vodafone Idea Q4 net loss narrows, first annual revenue growth since merger<\/a><\/h5><\/div><\/div><\/div>
Vodafone Idea’s net loss for the fiscal fourth quarter narrowed to Rs 6418.9 crore from Rs 7990 crore sequentially, helped by lower interest and financing costs, even as the pace of its subscriber losses slowed.

Quarterly revenue for the cash-strapped telco dipped marginally by 0.83% on-year, to Rs 10531.9 crore in the January-March quarter, the company said in its earnings release Thursday.

The telco managed to contain churn as it lost 2.7 million subscribers—versus 5.8 million in FYQ3—in the quarter ended March 31, 2023 to end the period with 225.9 million. The cash-strapped carrier continued to cede ground to rivals Reliance Jio and Bharti Airtel, both of whom added users. Vodafone Idea though added 1.1 million 4G users to end the quarter with 122.6 million. Per capita data usage grew 0.7% at 15.1 GB.

The Centre also expects to come up with modalities around satellite spectrum allotment, as per the report.

“We will soon resolve the issue regarding satellite spectrum allocation. I believe this should happen within this year,” Vaishnaw told the publication.
<\/body>","next_sibling":[{"msid":100515444,"title":"DoT won\u2019t give 5G spectrum to enterprises for private network","entity_type":"ARTICLE","link":"\/news\/policy\/dot-wont-give-5g-spectrum-to-enterprises-for-private-network\/100515444","category_name":null,"category_name_seo":"policy"}],"related_content":[],"msid":100516348,"entity_type":"ARTICLE","title":"Delay in Vodafone Idea\u2019s fund raise a concern: Vaishnaw","synopsis":"\u201cWe continue to remain engaged with our lenders for further debt fundraising as well as with other parties for equity or equity-linked fund raising, to make required investments for network expansion, including 5G rollout,\u201d Akshaya Moondra, chief executive, Vodafone Idea, said in the telco\u2019s earnings statement Thursday.","titleseo":"policy\/delay-in-vodafone-ideas-fund-raise-a-concern-vaishnaw","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":4270,"shares":0,"engagementtimems":13352000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2023-05-26 08:29:53","lastupd":"2023-05-26 08:29:54","breadcrumbTags":["Vodafone Idea","reliance jio","aditya birla group","kumar mangalam birla","akshaya moondra","bharti airtel","Ashwini Vaishnaw","Vodafone Idea news","Vodafone Idea fund raise"],"secinfo":{"seolocation":"policy\/delay-in-vodafone-ideas-fund-raise-a-concern-vaishnaw"}}" data-authors="[" "]" data-category-name="Policy" data-category_id="19" data-date="2023-05-26" data-index="article_1">

延迟沃达丰想法的基金筹集问题:Vaishnaw

“我们继续与银行进行进一步的债务融资以及与各方股权或股票融资,让网络所需的投资扩张,包括5 g推出,“Akshaya Moondra,首席执行官,沃达丰的想法,周四在电信的收入声明中说。

  • 更新2023年5月26日凌晨08:29坚持
阅读: 100年行业专业人士
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新德里:联盟部长沟通Ashwini Vaishnaw曾表示,政府关注的延迟沃达丰的想法在筹集资金,根据金融表达报告。苦苦挣扎的电信未能获得股本注入的推动者,或者从投资者获得资金。

“当然,还有一个问题,因为投资是应该来的。只有在投资,公司可以恢复。每个人都担心,“Vaishnaw告诉出版物,政府不断“鼓励推销员”投资于该公司。

今年2月,该中心转换沃达丰想法的兴趣费价值16123卢比为股权,保证从启动子后,他们将投资于该公司。最近,Aditya Birla集团主席Kumar Mangalam贝拉加入了电信董事会,重燃希望,电信的筹款努力将加速。

广告
沃达丰集团,该公司持有32%的股份沃达丰想法FY23收入声明中没有说明,公司将进一步投资于印度电信Aditya Birla集团的合资企业。英国电信集团还表示,它不是记录进一步亏损与沃达丰的想法。

中心目前最大的利益相关者沃达丰持有33.4%的股份,而Aditya Birla集团持有18%,根据该报告。

延迟的资金也推迟沃达丰想法的5 g网络发射时其竞争对手依赖JioBharti Airtel积极部署5 g网络在全国城市/城镇。印度现在00000 5 g网站。

“我们继续与银行进行进一步的债务融资以及与各方股权或股票融资,让网络所需的投资扩张,包括5 g推出,“Akshaya Moondra首席执行官,沃达丰的想法,周四在电信的收入声明中说。

读也


沃达丰(Vodafone)想法的第四财季净亏损收窄至6418.9卢比顺序从7990卢比,得益于低利率和融资成本,即使用户损失的速度放缓。

广告
季度收入的现金拮据的电信同比小幅下降0.83%,至10531.9卢比,1季度该公司表示在其周四发布财报。

电信管理包含生产的580万年损失了270万subscribers-versus FYQ3-in截至3月31日,2023年与2.259亿年结束。现金拮据的航母继续让与竞争对手信实Jio和Bharti Airtel,两人添加用户。沃达丰的想法虽然增加了110万4 g用户与1.226亿年第二季度结束。人均15.1 GB数据流量增长了0.7%。

中心也希望想出方法在卫星频谱分配,根据该报告。

“我们将很快解决问题关于卫星频谱分配。我相信这将发生在今年,”Vaishnaw告诉出版。
  • 发布于2023年5月26日凌晨08:29坚持
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\"\"
<\/span><\/figcaption><\/figure>NEW DELHI: Union Minister of Communications Ashwini Vaishnaw<\/a> has said that the government is concerned over the delay by Vodafone Idea<\/a> in raising funds, according to a Financial Express report. The struggling telco has not been able to secure either equity infusion from its promoters, or get funding from investors.

“Of course, there is a concern because investment is supposed to come. And only after investment, the company can revive. Everyone is concerned,” Vaishnaw told the publication, adding that government is constantly “encouraging the promoters” to invest in the company.

In February this year, the Centre converted Vodafone Idea’s interest dues worth Rs 16,123 crore into equity, following assurance from the promoters that they will invest in the company. Recently,
Aditya Birla Group<\/a> chairman Kumar Mangalam Birla<\/a> joined the telco’s board, reigniting hopes that the telco’s fundraising efforts will accelerate.

Vodafone Group Plc, which holds a 32% stake in Vodafone Idea in FY23 earnings statement did not indicate that the company will further invest in its Indian telecom JV with the Aditya Birla Group. The British telecom group also said that it is not recording further losses related to Vodafone Idea.

The Centre is currently the largest stakeholder in Vodafone Idea with a 33.4% stake, while the Aditya Birla Group holds 18%, as per the report.

The delay in funding is also delaying Vodafone Idea’s 5G network launch at a time when its rivals
Reliance Jio<\/a> and Bharti Airtel<\/a> are aggressively deploying 5G network in cities\/towns across the country. India has now 2,00,000 5G sites.

“We continue to remain engaged with our lenders for further debt fundraising as well as with other parties for equity or equity-linked fund raising, to make required investments for network expansion, including 5G rollout,”
Akshaya Moondra<\/a>, chief executive, Vodafone Idea, said in the telco’s earnings statement Thursday.

Read also<\/h4>
<\/a><\/figure>
Trai in a bind as Vodafone Idea accuses rivals of predatory pricing<\/a><\/h5><\/div>
<\/a><\/figure>
Vodafone Idea Q4 net loss narrows, first annual revenue growth since merger<\/a><\/h5><\/div><\/div><\/div>
Vodafone Idea’s net loss for the fiscal fourth quarter narrowed to Rs 6418.9 crore from Rs 7990 crore sequentially, helped by lower interest and financing costs, even as the pace of its subscriber losses slowed.

Quarterly revenue for the cash-strapped telco dipped marginally by 0.83% on-year, to Rs 10531.9 crore in the January-March quarter, the company said in its earnings release Thursday.

The telco managed to contain churn as it lost 2.7 million subscribers—versus 5.8 million in FYQ3—in the quarter ended March 31, 2023 to end the period with 225.9 million. The cash-strapped carrier continued to cede ground to rivals Reliance Jio and Bharti Airtel, both of whom added users. Vodafone Idea though added 1.1 million 4G users to end the quarter with 122.6 million. Per capita data usage grew 0.7% at 15.1 GB.

The Centre also expects to come up with modalities around satellite spectrum allotment, as per the report.

“We will soon resolve the issue regarding satellite spectrum allocation. I believe this should happen within this year,” Vaishnaw told the publication.
<\/body>","next_sibling":[{"msid":100515444,"title":"DoT won\u2019t give 5G spectrum to enterprises for private network","entity_type":"ARTICLE","link":"\/news\/policy\/dot-wont-give-5g-spectrum-to-enterprises-for-private-network\/100515444","category_name":null,"category_name_seo":"policy"}],"related_content":[],"msid":100516348,"entity_type":"ARTICLE","title":"Delay in Vodafone Idea\u2019s fund raise a concern: Vaishnaw","synopsis":"\u201cWe continue to remain engaged with our lenders for further debt fundraising as well as with other parties for equity or equity-linked fund raising, to make required investments for network expansion, including 5G rollout,\u201d Akshaya Moondra, chief executive, Vodafone Idea, said in the telco\u2019s earnings statement Thursday.","titleseo":"policy\/delay-in-vodafone-ideas-fund-raise-a-concern-vaishnaw","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":4270,"shares":0,"engagementtimems":13352000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2023-05-26 08:29:53","lastupd":"2023-05-26 08:29:54","breadcrumbTags":["Vodafone Idea","reliance jio","aditya birla group","kumar mangalam birla","akshaya moondra","bharti airtel","Ashwini Vaishnaw","Vodafone Idea news","Vodafone Idea fund raise"],"secinfo":{"seolocation":"policy\/delay-in-vodafone-ideas-fund-raise-a-concern-vaishnaw"}}" data-news_link="//www.iser-br.com/news/policy/delay-in-vodafone-ideas-fund-raise-a-concern-vaishnaw/100516348">