The promoter shareholders -- Vodafone Group and Aditya Birla Group -- had earlier reiterated to the board that they intend to contribute up to Rs 11,000 crore and up to Rs 7,250 crore respectively, amounting to total of Rs 18,250 crore, as part of the rights issue.
Following is a list of the best-prepaid plans available on Vodafone, Airtel and Reliance Jio that offer 2GB daily 4G data.
The CCEA has also approved to take on record the proposed changes in the indirect foreign investment in the subsidiaries of VIL that will take place on account of non-residents subscribing to the equity shares in the fund raise, an official statement said.
Talking of speed, Airtel turned out to be the fastest mobile operator in India during the review period regardless of the customer in LTE or not.
The promoter shareholders have also said that in case the rights issue is under-subscribed, each of the promoter shareholders reserves the right to subscribe to part or whole of the unsubscribed portion.
Vodafone Idea, along with Bharti Airtel, has requested the government to defer spectrum payment instalments with a two-year moratorium given the losses that these players are facing.
Babul Supriyo took his pet pub Eddie on Rajdhani Express and shared a cute picture of him on the social media.
The company plans to reduce the number of its distributors from around 43,000 to 27,000 by December.
Jio's subscriber base was 23.9 crore in August this year, the Telecom Regulatory Authority of India's (Trai) data for the month showed.
The IPRS moved the high court claiming copyright over the songs and prayed for restraining the telecom firm from using those for its value-added services such as caller ringback tones and mobile apps like Vodafone Play, Idea Music and Idea Movies & TV.
The combination will have all India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
The move comes just days after Idea Cellular and Vodafone India made a joint payment of Rs 7,268.78 crore 'under protest' to the Department of Telecom (DoT) for merging their mobile business.
The merger is set to create the country’s largest mobile services operator. The combined debt of both the companies is estimated to be around Rs 1.15 lakh crore.
Vodafone has revamped its RED 399 and 499 plan and now they will be known as RED Entertainment and RED Entertainment+.
Earlier on Friday, the Aditya Birla group firm said that the new entity born out of the Idea-Vodafone merger is proposed to be named Vodafone Idea.
Despite the merger announcement, the Aditya-Birla group promoted Idea-Cellular's share price has dropped by almost 50 per cent in the last two months. The share closed at Rs 51.45, down by 11.83 percent on Friday.
Quoting a top official close to the development, the report said that both Vodafone and Idea do not want the new operations to start under pressure of excess manpower.
The planned network will enable PTScientists' lander to broadcast a live video from lunar surface to the audience on earth and facilitate the communication among the lander and rovers.
In the first phase, Vodafone VoLTE service will be available in Mumbai, Gujarat, Delhi, Karnataka and Kolkata and will be extended across the country in a short time, the company said in a statement.
The deep-pocketed Jio has been offering data almost free for a year now, while it charges nothing for voice, forcing the incumbents to make matching offers.
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