0
Wireless

Amazon, Verizon in talks to buy stake in Vodafone Idea worth over USD 4 bln - report

Thursday 3 September 2020 | 12:16 CET | News
Amazon and Verizon Communications are expected to soon resume talks to buy a large stake in Indian operator Vodafone Idea in a deal that could be worth over USD 4 billion, LiveMint reported, citing sources aware of the negotiations.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Amazon / Verizon Communications / Vodafone Idea
Countries: India
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Reliance to launch Android-powered Jio phone for INR 4,000 - report

Published 24 Sep 2020 11:19 CET | India
Reliance Industries has asked local suppliers to accelerate production capacity in India so they can make 200 million smartphones ...

Verizon offers Marvel's Avengers game to new customers, skins to existing customers

Published 09 Sep 2020 09:45 CET | United States
Verizon said new customers who sign-up for selected Verizon wireless or Fios Internet plans may be eligible to receive a free ...

Weekly news summary: Italy works on national network, Vodafone sorts out India and Salt sues Liberty

Published 07 Sep 2020 14:02 CET | World
The creation of a national fibre operator in Italy is finally underway, while Liechtenstein is leading the world in broadband, ...

Vodafone Idea rebrands to 'Vi,' pronounced 'We'

Published 07 Sep 2020 11:12 CET | India
Vodafone Idea has announced Vi as its new brand, to be read as We. The new brand integrates the Idea brand with Vodafone, ...

Verizon advances 5G network, cyber-security

Published 04 Sep 2020 10:16 CET | United States
Verizon said its Network Security engineers recently engaged in a series of successful trials to future-proof its 5G network ...

Vodafone, Airtel to complete merger of Indus Towers, Infratel units

Published 02 Sep 2020 11:26 CET | India
Vodafone Group has announced it has agreed with Bharti Airtel and Vodafone Idea to proceed with completion of the merger of Indus ...

Axiata sells Vodafone Idea stake, exits Indian market

Published 24 Aug 2020 09:01 CET | India
Malaysia's Axiata Group has sold its stake in Indian mobile operator Vodafone Idea, according to local stock market filings. ...

Vodafone Idea's quarterly revenue drops nearly 10% on impact of COVID-19 lockdown

Published 13 Aug 2020 07:07 CET | India
Indian operator Vodafone Idea posted revenue of INR 106.6 billion in its first quarter ended 30 June 2020, which represents a ...

Vodafone Idea migrates postpaid customers to Amdocs digital monetization system

Published 01 Aug 2020 02:53 CET | India
Software company Amdocs and Indian operator Vodafone Idea have migrated Idea postpaid customers to Amdocs' digital monetization ...

Indian Supreme Court confirms government's assessment of AGR fees for telecom operators

Published 24 Jul 2020 08:35 CET | India
The Supreme Court confirmed the government assessment of adjusted gross revenue (AGR) dues that Bharti Airtel and Vodafone Idea ...

Vodafone Idea completes postpaid subscribers migration to Vodafone Red umbrella

Published 22 Jul 2020 20:49 CET | India
Indian operator Vodafone Idea has completed its postpaid consolidation process by bringing all Idea postpaid subscribers under a ...

Vodafone Idea pays AGR fees of INR 10 billion

Published 20 Jul 2020 12:12 CET | India
Vodafone Idea has announced it has paid INR 10 billion in adjusted gross revenue (AGR) dues to the Department of Telecom (DoT). ...

Google buys stake in Jio for USD 4.5 bln, to partner on affordable smartphone

Published 15 Jul 2020 13:17 CET | India
Google is the latest company to invest in Jio Platforms, the Indian company owned by Reliance Industries which owns the mobile ...

Vodafone Idea's quarterly revenue jumps 6% boosted by prepay tariff increase

Published 02 Jul 2020 10:58 CET | India
Indian mobile operator Vodafone Idea posted revenue of INR 117.5 billion for its fourth quarter ended March 2020, which ...

Google mulls Vodafone Idea stake acquisition - report

Published 29 May 2020 07:53 CET | India
Google plans to invest in Indian operator Vodafone India. The US giant seeks to acquire a 5 percent stake in Vodafone Idea, ...

Vodafone Idea requests AGR fee payment postponement

Published 21 Apr 2020 14:37 CET | India
Indian operator Vodafone Idea has requested more time from the government to pay its adjusted gross revenue (AGR) dues for the ...

Vodafone Idea completes 91% of network integration

Published 15 Apr 2020 18:05 CET | India
Indian mobile operator Vodafone Idea has announced it has completed the integration of the two networks in 91 percent of ...

Vodafone Idea deploys massive MIMO to support increased 4G+ traffic in Mumbai

Published 07 Apr 2020 13:01 CET | India
Indian mobile operator Vodafone Idea has announced it will provide enhanced 4G+ network capacity and speed through ma-MIMO ...

Vodafone Idea expands validity, offers INR 10 credit to 100 mln low income, prepay customers

Published 01 Apr 2020 09:20 CET | India
Indian mobile operator Vodafone Idea has launched a set of measures to help its low income, prepaid customers using feature ...

Vodafone Idea implements Business Continuity Plan amid coronavirus pandemic

Published 27 Mar 2020 09:28 CET | India
Indian operator Vodafone Idea has implemented its Business Continuity Plan following the current lockdown due to the coronavirus ...