Table of Contents
- 1 Can VI merge with BSNL?
- 2 Will Govt take over Vodafone Idea?
- 3 What will happen to Vodafone Idea customers?
- 4 Why BSNL network is not available in Delhi?
- 5 When did Vodafone merged idea?
- 6 Can Vodafone idea survive in India?
- 7 Should BSNL take on Vodafone Idea for 4G network?
- 8 How to save Vodafone Idea from going bankrupt?
- 9 Should Vodafone Idea consider government debt as a solution for shareholders?
Can VI merge with BSNL?
The government is reportedly against the merger of Vi with both state-run telecom operators BSNL and MTNL. Kumar Mangalam Birla wants to give his 27 percent stake to the government in the merged entity so that Vi continues to operate in India.
Will Govt take over Vodafone Idea?
Vodafone Idea CEO Ravinder Takkar. They want us to operate in a competitive manner,” Takkar said. VIL had total gross debt of Rs 1.91 lakh crore, excluding lease liabilities and including interest accrued but not due, as of June 30, 2021.
What will happen to Vodafone Idea customers?
What then, will happen to the 270 million subscribers of Vodafone Idea, its creditors who have lent ₹1.75 lakh crore to the company, and the broader Indian telecom market?…Banks and ancillary service providers will suffer too.
Bank | Amount | \% of loan book |
---|---|---|
IDFC First Bank | ₹3,240 crore | 2.90\% |
Yes Bank | ₹4,000 crore | 2.40\% |
Is BSNL and Vodafone same?
Vodafone India is a subsidiary of the UK’s Vodafone Group. It has around 199 million customers base. This partnership will benefit both the private operator Vodafone India and the state-owned BSNL.
Is BSNL and Idea same?
While Vodafone Idea is India’s third-largest service provider, BSNL provides services in all the circles (service areas), except Delhi and Mumbai.
Why BSNL network is not available in Delhi?
Since BSNL network is not available in Delhi, users can opt for roaming services from Vi by sending ACT ROAM to 53333. Customers have to further manually select Vi or MTNL networks after SMS activation, Kerala Telecom noted. No data STV or add-on will work for BSNL postpaid mobile customer roaming in Delhi.
When did Vodafone merged idea?
On 30 August 2018, National Company Law Tribunal gave the final nod to the Vodafone-Idea merger The merger was completed on 31 August 2018, and the newly merged entity was named Vodafone Idea Limited. The merger created the largest telecom company in India by subscribers and by revenue.
Can Vodafone idea survive in India?
Vodafone Idea will survive and be competitive in the market and will invest the cash saved through the 4-year moratorium on AGR and spectrum payments into expanding its network and participating in 5G auctions instead of repaying debt, the company’s managing director Ravinder Takkar said Wednesday.
What is the debt of Vodafone idea?
Vodafone Idea’s gross debt as of June 30 was 1.9 trillion rupees, comprising of deferred spectrum payment obligations of 1.06 trillion rupees and an adjusted gross revenue liability of 621.8 billion rupees, its latest stock exchange filing in June showed.
Is government against Vodafone-BSNL merger with MTNL?
While BSNL, MTNL are struggling to attain profitability. (Representative image) NEW DELHI: The government is against the merger of beleaguered Vodafone Idea with state-owned BSNL and MTNL, multiple sources have told TOI.
Should BSNL take on Vodafone Idea for 4G network?
Vodafone Idea is on a similar boat, but it has exactly what BSNL needs, that is, a 4G network. While BSNL can take on the dues of Vodafone Idea, which are to the tune of Rs 1.5 lakh crore for the AGR issue, Vodafone Idea would be able to provide it with a ready 4G network which BSNL can then claim as its own. Just What the Other Needs
How to save Vodafone Idea from going bankrupt?
The government must back state control of Vodafone Idea (Vi) by quickly merging it with Bharat Sanchar Nigam (BSNL) and recapitalise the ailing telco to save it from going bankrupt, especially after the Supreme Court ruled out any relief on its huge adjusted gross revenue ( AGR) dues, brokerage Deutsche Bank said.
Deutsche Bank added that “should this happen, Vodafone Idea’s shareholders would be heavily diluted as government debt is roughly six times the (telco’s) current market-cap, and such a solution might be an acceptable outcome to shareholders.” The numbers are, however, stacked against such suggestions.