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Vodafone Idea Shares Hit 52-Week Low
Spectrum payment: Vodafone Idea says it continues to be engaged with DoT for waiver of bank guarantee
The Department of Telecom (DoT) has asked the telco to submit bank guarantees as an assurance for the spectrum payment of Rs 24,747 crore due in September next year
Vodafone Idea shares plunge 9%, hit 52-week low amid reports of notice from DoT over bank guarantee non-submission
Vodafone Idea shares fell over 9% to a 52-week low of ₹8.91 amid reports of the DoT's notice for non-payment of bank guarantees for past spectrum dues. This is the fifth straight day of losses for the telecom player's stock.
Vodafone Idea Shares Hit 52-Week Low On Reports Of DoT Seeking Bank Guarantees
Vodafone Idea Ltd. share price fell more than 9% to over one-year low on Monday. The stock dipped after a media report surfaced indicating that the Department of Telecommunications has issued a notice regarding the company's failure to provide necessary bank guarantees for past spectrum auction dues.
Vodafone Idea in talks with DoT for removal of bank guarantee norms
The company clarified after several media outlets reported that the DoT issued a notice to the telco to pay bank guarantees
Vodafone Idea Seeks Spectrum Payment Waiver, Engaged with DoT
Vodafone Idea is in talks with the Department of Telecom for a waiver on the bank guarantee for spectrum payments due next year, citing recent auction rules.
Vodafone Idea in talks with DoT to remove bank guarantee for spectrum acquired before 2022
Vodafone Idea also stated that it continues to engage with the DoT for the removal of bank guarantee requirements for spectrum acquired before 2022.
Vodafone in negotiations with DoT to remove bank guarantee
The telecom operator also noted that when the DoT makes a final decision, it will make all relevant disclosures as required by law.
Vodafone Idea Shares Hit 52-Week Low After DoT Notice; Plunge 7% Amid Bank Guarantee Woes
The shares of telecom operator Vodafone Idea plunged sharply on Monday (October 7), losing over 7 per cent and hitting a 52-week low of Rs 8.90 on the National Stock Exchange (NSE). The sudden decline in the share price of the company comes after a notice from the Department of Telecommunications (DoT) regarding the company’s failure to submit
Vodafone Idea Plunges to 52-Week Low After DoT Notice Over Spectrum Dues
Vodafone Idea (NS:VODA)'s shares dropped by 6.3%, hitting a 52-week low of INR 9.1 in early trading after the Department of Telecommunications (DoT) issued a notice regarding non-payment of bank guarantees.
Vodafone Idea stock in focus after DoT issues notice over bank guarantee non-submission
Vodafone Idea shares are set to draw attention following the DoT issuing a notice to the company for failing to submit bank guarantees covering past spectrum auction dues. The situation arises as the DoT is currently in discussions with the finance ministry about potentially waiving the bank guarantee requirement.
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Vodafone Idea share price falling! Stock crashed 43% in 3 months; what's happening?
Shares of distressed telecom company Vodafone Idea have corrected nearly 50% so far in this year. Additionally, the company ...
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Vodafone Idea loses 1/3rd of its m-cap in 1 month; should investors be worried?
G. Chokkalingam, Founder & Head of Research,Equinomics believes that if government rescues by either writing off its dues ...
Datacenter Dynamics
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Vodafone Idea expands 4G and 5G contract with Ericsson in India
Indian telco Vodafone Idea (Vi) has awarded major 4G and 5G contracts to network vendor Ericsson. The partnership will see ...
2d
Vodafone-Idea launches new Rs 175 plan with 15+ OTT subscriptions including SonyLIV, ZEE5, ManoramaMAX, FanCode and Playflix: All details
Vodafone Idea introduces the Vi Super pack, priced at Rs 175, offering access to over 15 OTT platforms and 10GB mobile data.
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Ericsson increases Vodafone Idea network share in India, bags four more telecom circles for 4G, 5G deployment
The deployment of 5G is a crucial part of Vi strategy to deliver high-quality network capabilities, enabling faster, more ...
2d
Vodafone Idea expands long-term partnership with Ericsson for 5G rollout
As part of the new agreement, Ericsson will upgrade Vi's existing 4G networks and introduce 5G in key areas, including Delhi, ...
The Financial Express
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Vodafone Idea boosts Hero plans with free access to Vi Movies and TV Super benefits
Vodafone Idea enhances its Hero plans by offering free access to Vi Movies and TV Super, providing users with a vast library ...
ET Now on MSN
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HEG, BEL, HDFC Bank, Vodafone Idea, Puravankara, Lemon Tree and other stocks to watch today
Graphite electrode maker HEG has acquired an 8.23% stake in GrafTech International, a graphite electrode manufacturing ...
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