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Vodafone Idea Ltd.

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Earlier in the day, it had risen as much as 34.90 per cent to Rs 7.85 a share.

The Financial Times had reported that Google was exploring to buy a 5% stake in Vodafone Idea.

Vodafone Idea Clarification On News Item Captioned "US Internet Giant Google Eyes Stake In Vodafone Idea

| Announcement

Vodafone Idea Limited has provided clarification on News Item titled "US internet giant Google eyes stake in Vodafone Idea.

Alphabet Inc's Google is said to be eyeing about 5 per cent stake in VIL, the Financial Times had reported on Thursday. Such an investment in VIL will pit the search giant against Facebook which has picked up a stake in Jio Platforms, the firm that houses India's youngest but biggest telecom company - Reliance Jio.

Vodafone Idea Clarification sought from Vodafone Idea Ltd

| Announcement

The Exchange has sought clarification from Vodafone Idea Ltd on May 29, 2020, with reference to news appeared in economictimes.indiatimes.com dated May 29, 2020 quoting "US internet giant Google eyes stake in Vodafone Idea: Report" The reply is awaited.

For a 5 per cent stake, Google will have to shell out $110 million.

Google is said to be exploring taking a minority stake in British telecom group Vodafone’s struggling India business.

Apart from a net debt of Rs 1.03 lakh crore, the telco faces balance adjusted gross revenue (AGR) based dues of well over Rs 45,000 crore.

Apart from a net debt of Rs 1.03 lakh crore, the telco faces balance adjusted gross revenue (AGR) based dues of well over Rs 45,000 crore.

Google is reportedly considering to buy a stake of about 5 per cent in Vodafone Idea.

Google is reportedly considering to buy a stake of about 5 per cent in Vodafone Idea.

The Big 3 telcos were dreading the prospect of stiff penalities of around Rs 50 crore per MRO violation, starting June, as DoT had earlier not extended the compliance timelines beyond May 31, despite repeated reminders from operators.

The Cellular Operators Association of India (COAI), which represents private players Bharti Airtel, Vodafone Idea and Reliance Jio Infocomm, in a letter to the Telecom Regulatory Authority of India (Trai) has also sought an open house on the matter "urgently".

Droves of mobile users in Kolkata and rest of West Bengal remained without connectivity for over 40 hours as power outages and fibre cuts continued to scupper early restoration of mobile and tower networks. Those who managed to get access to home broadband experienced dismal speeds.

The S&P BSE Telecom index was trading 0.01 per cent up at 1311.96.

The latest flashpoint comes with Taiwanese Semiconductor Manufacturing Co (TSMC), the world’s largest contract semiconductor maker, reportedly stopping new orders from Huawei Technologies to comply with US export controls. This could hurt Huawei’s manufacturing and supply of telecom equipment globally.

Telecom secretary Anshu Prakash held a meeting with all the carriers and infrastructure providers to list out all the sites where the towers are down, fibre has been cut and sought to know how many of those can be repaired in next 24 hours. Prakash asked Airtel and Vodafone Idea to get 1,000 sites working in next 24 hours, said industry executives.

There is a clear signal that the cash-strapped telco is preparing to stay and fight in the market.

There is a clear signal that the cash-strapped telco is preparing to stay and fight in the market.

Operators Vodafone Idea and Reliance Jio Infocomm, equipment maker Ericsson and a few tower and telecom infrastructure firms are incentivising employees with cash rewards and e-vouchers.

Both Bharti Airtel and Vodafone Idea (VIL) have tested ICR arrangements in advance to ensure all telecom operators in the impacted states can collaborate and use each other’s networks wherever required once Amphan strikes, and people can stay connected.

As retail outlets in various orange and green zones across the country start to open, Vodafone Idea is ensuring complete implementation of social distancing protocol at its stores, the company said in a statement.

Shares of Vodafone Idea traded 1.82 per cent up in trade at 10:01AM on Wednesday .

The second tranche will help the telco meet some of its opex or capex needs. The carrier also faces AGR based dues to the government. The carrier has paid Rs 6,854 crores so far against the government demand of Rs 58,254 crore. Vodafone Group though has estimated the liabilities at around Rs 51,400 crore.

The second tranche will help the telco meet some of its opex or capex needs. The carrier also faces AGR based dues to the government. The carrier has paid Rs 6,854 crores so far against the government demand of Rs 58,254 crore. Vodafone Group though has estimated the liabilities at around Rs 51,400 crore.

Shares of Vodafone Idea Ltd. traded 7.21 per cent up in trade at 03:10PM on Tuesday .

Market cap of the company stood at Rs 13103.34 crore on May 11

Besides rental waivers on select plans for micro, small and medium enterprises, the telcos will help manage their bandwidth needs and offer customised digital tools to boost their web presence.

RIL (Rs 358.54 crore) was leading the pack of most active stocks in value terms.

RIL (Rs 1171.17 crore) was leading the pack of most active stocks in value terms.

Vodafone Idea Format of Initial Disclosure to be made by an entity identified as a Large Corporate

| Announcement

Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayVodafone Idea Ltd
2CINL32100GJ1996PLC030976
3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY BB-
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED
5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkNSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No



Name of the Company Secretary: Pankaj Kapdeo
Designation: Company Secretary
EmailId: pankaj.kapdeo@vodafoneidea.com
Name of the Chief Financial Officer: Akshaya Moondra
Designation: Chief Financial Officer
EmailId: akshaya.moondra@vodafoneidea.com

Date: 30/04/2020

Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

The NSE Nifty index was trading 198.95 points up at 9752.3.

Here are the key trends captured from Wednesday’s session.

Following a change in the Income-tax Act 2012, the Supreme Court had ruled that the Vodafone-Hutchison deal could not be taxed in India.

The ruling is another setback for the British telecom giant’s Indian arm, after mobile operators in the country lost a case and were asked to pay $19 billion in total government demands. Vodafone Idea Ltd. is struggling to pay $7.2 billion in back fees to India’s government.

Bajaj Finance (Rs 505.11 crore) was leading the pack of most active stocks in value terms.

The NSE Nifty index was trading 67.2 points up at 9349.5.

The struggling telecom operator needs a hefty capital infusion from its promoters at the earliest to clear its massive adjusted gross revenue (AGR) dues and survive, they said. VIL faces AGR-based dues of Rs 58,254 crore, of which it paid Rs 6,854 crore to the Department of Telecommunications in three tranches last month.

The struggling telecom operator needs a hefty capital infusion from its promoters at the earliest to clear its massive adjusted gross revenue (AGR) dues and survive, they said. VIL faces AGR-based dues of Rs 58,254 crore, of which it paid Rs 6,854 crore to the Department of Telecommunications in three tranches last month.

Shares of Vodafone Idea Ltd. traded 1.25 per cent up in trade at 12:02PM on Monday .

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