Bank guarantee waiver to help Vodafone Idea's debt funding plans, reduce financial burden
Vodafone Idea's plans to raise ₹35,000 crore will likely get a boost after the Union Cabinet decided to waive bank guarantees to be submitted for airwaves bought in auctions till 2022.
Vodafone Idea Shares Surge on Spectrum Guarantee Waiver
Vodafone Idea shares jumped nearly 8% after the Indian government waived the requirement for bank guarantees on spectrum purchased before 2022, providing relief to the debt-ridden company.
Vodafone Idea to gain most if bank guarantee waivers for pre-2022 spectrum approved: IIFL’s Balaji Subramanian
In what would come as a big relief for telecom players, sources have said that the union cabinet has approved the proposal to waive bank guarantee requirements. Sources told CNBC-TV18 that this will pave way for telcos to receive bank guarantee waivers for spectrum acquired before 2022.
Vodafone Idea shares surge 18% after Union Cabinet approves bank guarantee waiver
Vodafone Idea's shares surged nearly 18% after the government waived bank guarantees for spectrum dues. This move significantly benefits Vi, which faced a substantial obligation.
Vodafone Idea shares zoom 18% on in-principle Cabinet nod for bank guarantee waiver
Vodafone Idea's shares surged 18% after the Indian government waived bank guarantees for past spectrum purchases. This move significantly benefits Vi, which faced a Rs 24,700 crore bank guarantee burden.
Cabinet Approves Bank Guarantee Waiver For Telcos, Vodafone Idea To Benefit
This decision follows the 2021 Cabinet reforms, which had already removed the BG requirement for spectrum purchased going forward
Vodafone Idea shares up 8%, telco clarifies on Cabinet proposal; here's what analysts say
Today's sharp upmove in VIL shares came after it was reported the Union Cabinet approved a proposal to waive the bank ...
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Vodafone Idea Soars on Cabinet's Landmark Spectrum Decision
Vodafone Idea's shares jumped nearly 8% after reports indicated the Union Cabinet waived bank guarantees for spectrum bought ...
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Vodafone Idea Share Price: 18% RALLY! Vi stock hits roof after THIS news
Shares of Vodafone Idea zoomed over 18% to hit an intraday high of Rs 8.28 per share on the NSE. The telecom stock broke out ...
Should Vodafone Idea Be In Your Portfolio? Top Experts Seem Divided On Its Future. Here's Why
Are Vodafone Idea shares a smart investment right now? Or should you look at other telecom stocks? Two top market experts, ...
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Vodafone Idea stock rises 6%, extends rally amid buzz of bank guarantee waiver
Shares of Vodafone Idea shares rose 6 percent to Rs 7.92 on November 27, extending their three-day rally to 17.5 percent, amid reports that the Union Cabinet may approve bank guarantee waivers for ...
Vodafone Idea to MTNL — why are telecom stocks skyrocketing?
Telecom stocks witnessed a sharp upsurge in early morning trade on November 26, amid reports that the Union Cabinet approved ...
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Vodafone Idea’s 4G Capacity Rises 14% in Q2FY25; But Subscriber Base Shrinks Amidst Tariff Hikes
Vodafone Idea (Vi) increased its 4G capacity by 14% during the second quarter of the financial year 2025 ending ...
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Telecom Shares Including Vodafone Idea, MTNL Register Strong Rally In Stock Market. Here's Why
As markets opened, shares of Vodafone Idea jumped 15 per cent surpassing Rs 8 apiece, while MTNL shares soared almost 9 per ...
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Bank guarantee waiver to enhance Vodafone Idea's ability to secure debt funding: Analysts
If improved cash flows in the near term help Vi secure financing, then it will accelerate the telco's network expansion plan. Analysts tracking the telecom sector are bullish on the prospects for cash ...
This Vodafone Idea recharge plan to last for 12 weeks at just Rs 509: What’s new?
Vodafone Idea has launched a budget-friendly plan which will last for 84 days and will offer a 1000 SMS limit, 6GB data and unlimited local as well as STD voice calls. Here are the details.
Everyone's punting on Vodafone Idea. Is it worth the risk?
Vodafone Idea (Vi) is struggling with debt and a declining subscriber base. Recent fundraising and price hikes may help, but ...