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沃达丰Idea预计在财年结束前结束与贷款机构和投资者的谈判:Takkar
他重申了提高关税的重要性，称时机“即将来临”，沃达丰Idea不会等待竞争对手提高关税。他警告说，如果5G频谱的基本费率不下调，这些电波将再次无人问路。
塔卡在接受分析师采访时，淡化了信实工业公司JioPhone Next的影响Bharti Airtel该公司表示，这项优惠本质上是一项设备融资计划，与Vi在更广泛的智能手机选择上向客户提供的优惠没有什么不同。他还表示，Vi甚至对翻新手机也提供此类设备融资计划。
他重申了提高关税的重要性，称时机“即将来临”，沃达丰Idea不会等待竞争对手提高关税。他警告说，如果5G频谱的基本费率不下调，这些电波将再次无人问路。
他表示，政府的救助计划将重燃人们对这家亏损运营商的兴趣。分析师估计，该计划可能在4年内为该电信公司提供1万亿卢比的现金流救助。因此，该公司正计划“升级其商业计划”，包括资金需求。该公司一年多来筹集2500亿卢比的计划没有实现。
“我们相信，投资者将重新产生兴趣。我们也在更新我们的商业计划。一旦最终确定，将对融资进行适当的披露，并预计在本财年结束这一工作，”Takkar说。
政府在9月宣布了一系列对Vi受益最大的行业的缓解措施，因为电信公司不需要支付调整后的总收入(AGR)分期付款和四年拍卖购买的频谱。
沃达丰Idea周五公布第二财季净亏损714.46亿卢比，受到超过19万亿卢比债务的拖累，到2022年2月约有600亿卢比不可转换债券到期。它还需要继续每个季度向政府支付大约200亿卢比，用于当前的许可费和频谱使用费。但截至9月底，其现金和现金等价物为25亿卢比，该公司已致函电信部门，允许其推迟支付这些法定会费。
政府救助的另一个方面是大幅降低对银行担保的要求。Vi告诉分析师，根据他们的估计，下一套bg可以在付款到期前一年发放。塔卡说:“由于禁令为期4年，我们认为未来3年没有(对bg的)要求。”
印度电信部(DoT)预计将向Vi归还价值1.4亿卢比的bg。电信公司表示，交通部将很快开始计算。
瑞士信贷:沃达丰Idea在6-9个月内至少需要10亿美元偿还债务，资本支出有限
该电信公司已经接受了政府的四年暂停期，根据该暂停期，它将在25-26财年之后支付之前调整后的总收入(AGR)和频谱费，分析师估计，这可能会使其获得1万亿卢比的现金流缓解。
Vi还直言不讳地表示有必要提高关税，并表示他们正在“接近”减免措施，但拒绝给出时间表，称“当我们认为对我们和我们的客户合适时”将提高价格。
电信行业上一次出现价格上涨是在2019年12月，从那时起，该公司就像Vi公司一样，对一些预付费和后付费计划进行了选择性上涨。该运营商的每用户平均收入(ARPU)为109卢比，但仍远远落后于同行Jio和Airtel。
该公司表示，ARPU的上升是选择性关税上调的直接结果，一些“溢出效应”将在下个季度发生。
Vi的高级管理层还表示，在3300-3600 MHz频段，5G频谱基本价格为每MHz 492卢比，非常昂贵。“如果价格保持不变，我预计(频谱拍卖)的结果将与上次相同，即未分配。所以价格必须下降……塔卡说。
最近，电信部长Ashwini Vaishnaw表示，5G拍卖预计将在4月至5月举行。
该运营商还淡化了Jio-JioPhone Next新智能手机和Airtel智能手机返现优惠的影响。
“在很早的时候，市场上刚刚出现了报价。我们提供设备融资已经有一段时间了。这没有什么不同，我们做了一个开局的设备。我们既做新设备也做翻新设备。我们在市场上看到的并没有什么不同。”
沃达丰Idea写信给电信部门，希望延迟支付第二季度至第四季度的费用
通常情况下，沃达丰Idea在一个季度累计支付约200亿卢比的两项费用，尽管金额会根据该季度的AGR而波动。
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<\/figure>Mumbai\/Kolkata: Vodafone Idea<\/a> (Vi) is talking to lenders and investors for debt relief, equity funding and for repayment of bonds maturing this fiscal year, and expects to conclude such discussions by the end of this March 2022, the cash-strapped telco\u2019s managing director Ravinder Takkar said.Speaking to analysts, Takkar downplayed the impact of JioPhone Next from Reliance Industries and Bharti Airtel<\/a>\u2019s cashback offers on its subscriber base, saying the offer is essentially a device financing scheme and is no different from what Vi has been offering customers across a wider choice of smartphones. He also said Vi offers such device financing schemes even on refurbished handsets.
He reiterated the importance of tariff hikes, saying the time was \u201capproaching\u201d and that Vodafone Idea wouldn\u2019t wait for its rivals to raise rates. He cautioned that if the base rates for the 5G spectrum are not brought down, there will once again be no takers for those airwaves.
<\/div><\/div>\"We (are) in discussion with banks and investors, both on debt relief and equity funding for investment, as well as for repayment of bonds maturing in this financial year,\" Vi's managing director (MD) told analysts on Monday. He highlighted that the government's relief package has eased investors' concerns about the future of the sector and the operator is planning to \"update its business plan\",\" Takkar told analysts on Monday.
He said that the government's relief package \u2013 which analysts estimate could give a Rs1 lakh crore cash flow relief over four years to the telco - would rekindle interest in the loss-making operator. As a result, it is planning to \"upgrade its business plan\", including funding requirements. Its over-a-year-old plan of raising Rs25,000 crore didn\u2019t materialise.
\"We believe there will be renewed interest from investors. We are also in the process of updating our business plan. Once it's finalized, the suitable disclosures on the fundraising will be made, and expect to conclude this exercise during this fiscal year,\" Takkar said.
The government in September announced a slew of relief measures for the sector which benefitted Vi the most as the telco doesn\u2019t need to pay adjusted gross revenue (AGR) installments and for spectrum bought in auctions for four years.
He said that the government's relief package \u2013 which analysts estimate could give a Rs1 lakh crore cash flow relief over four years to the telco - would rekindle interest in the loss-making operator. As a result, it is planning to \"upgrade its business plan\", including funding requirements. Its over-a-year-old plan of raising Rs25,000 crore didn\u2019t materialise.
\"We believe there will be renewed interest from investors. We are also in the process of updating our business plan. Once it's finalized, the suitable disclosures on the fundraising will be made, and expect to conclude this exercise during this fiscal year,\" Takkar said.
The government in September announced a slew of relief measures for the sector which benefitted Vi the most as the telco doesn\u2019t need to pay adjusted gross revenue (AGR) installments and for spectrum bought in auctions for four years.
<\/div><\/div>Brokerage firm Credit Suisse estimated that the telco needs at least $1 billion within the next six-nine months to repay its non-spectrum debt and compete against rivals Bharti Airtel and Reliance Jio<\/a> (Jio) with limited capex. Vi's top brass said there are a host of tower tenancies in Indus Towers that are up for renewal in FY23, which can be a source for optimisation for the telco.
Vodafone Idea, which on Friday posted a net loss of Rs 7,144.6 crore for the fiscal second quarter, is weighed down by debt of over Rs1.9 lakh crore and has around Rs 6,000 crore of non-convertible debentures maturing by February 2022. It also needs to keep paying roughly Rs2,000 crore a quarter to the government towards current license fee and spectrum usage charge. But with its cash and cash equivalents as of end-September at Rs250 crore, it has already written to the telecom department to allow it to delay payment of those statutory dues.
Another aspect of government relief was a sharp reduction in the requirement for bank guarantees (BGs). Vi told analysts that as per their estimates, the next set of BGs can be given a year prior to when the payments are due. \"So since the moratorium is for 4 years, we believe (there is) no (requirement for) BGs for the next 3 years,\" Takkar said.
The Department of Telecommunications (DoT) is expected to return BGs worth Rs 14,000 crore to Vi. The telco said that DoT will start its calculations soon.
Vodafone Idea, which on Friday posted a net loss of Rs 7,144.6 crore for the fiscal second quarter, is weighed down by debt of over Rs1.9 lakh crore and has around Rs 6,000 crore of non-convertible debentures maturing by February 2022. It also needs to keep paying roughly Rs2,000 crore a quarter to the government towards current license fee and spectrum usage charge. But with its cash and cash equivalents as of end-September at Rs250 crore, it has already written to the telecom department to allow it to delay payment of those statutory dues.
Another aspect of government relief was a sharp reduction in the requirement for bank guarantees (BGs). Vi told analysts that as per their estimates, the next set of BGs can be given a year prior to when the payments are due. \"So since the moratorium is for 4 years, we believe (there is) no (requirement for) BGs for the next 3 years,\" Takkar said.
The Department of Telecommunications (DoT) is expected to return BGs worth Rs 14,000 crore to Vi. The telco said that DoT will start its calculations soon.