The company expects that the money raised from the stake sale in Indus Tower and the Rs 25,000 crore rights issue, which is opening on Wednesday, will give it long term war chest to compete in the market.
The issue price of Rs 12.50 per equity share (including a premium of Rs 2.50 per equity share) is at a massive 61 per cent discount to the previous closing of Rs 32 per share.
A letter to this effect has been written by Vodafone Idea Ltd to the Department of Telecom (DoT), said the source who did not wish to be named.
Reliance Jio, the new entrant, exceeded Vodafone and Idea Cellular's AGR, individually, in the January-March quarter.
Chandigarh/New Delhi, Oct 5: Disrupting landline and mobile services, BSNL on Tuesday disconnected telecom services to 3 private operators in Haryana, even as the interconnection impasse in neighbouring Punjab continued for the sixth day today.“We
Top News
Latest News
