0
Wireless

Vodafone Idea seeks to raise INR 250 billion in fresh capital

Thursday 15 November 2018 | 15:52 CET | News
Indian operator Vodafone Idea has decided to establish a Committee of Directors to evaluate potential routes for raising up to INR 250 billion (EUR 3 billion) of equity. The Committee will be evaluating various options, including but not limited to, a rights issue, qualified institutional placement and / or preferential issue, the company said. 

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: Vodafone / 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

Vodafone Idea starts rights issue

Published 10 Apr 2019 16:52 CET | India
Vodafone Idea has started its rights issue, to raise up to INR 250 billion with the sale of 20 billion shares. Its two main ...

Vodafone Idea consolidates 25% of radio network in India

Published 06 Feb 2019 08:23 CET | India
Indian mobile operator Vodafone Idea has announced it has completed the consolidation of nearly 25 percent of its pan-India radio ...

Vodafone Idea board approves rights issue plan

Published 24 Jan 2019 09:33 CET | India
Indian operator Vodafone Idea said its board has approved plans for a rights issue of up to INR 250 billion. Its main ...

Vodafone Idea loses marketing EVP to Facebook

Published 10 Jan 2019 13:42 CET | India
Siddharth Banerjee, the executive vice president at Vodafone India for marketing, has left the company to join Facebook India as ...

Vodafone Idea brings forward merger synergies target by 2 years

Published 23 Nov 2018 10:14 CET | India
Vodafone Idea has brought forward by two years its target of INR 140 billion in synergies from its merger, to fiscal year 2021 ...

Vodafone Idea quarterly revenue drops 7%, EBITDA plunges nearly 29%

Published 16 Nov 2018 09:26 CET | India
Vodafone Idea saw its total revenue for the second quarter ended 30 September reach INR 120.2 billion, down 7.1 percent compared ...

Vodafone Idea independent director resigns

Published 15 Nov 2018 15:48 CET | India
Indian operator Vodafone Idea has announced that its board of directors has accepted the resignation of Douglas Baillie from his ...

Vodafone Idea launches iPhone XR in India

Published 22 Oct 2018 12:20 CET | India
Indian operator Vodafone Idea has announced it will offer the iPhone XR on the local market. Customers can now pre-order the ...

Vodafone Idea launches Sakhi mobile-based safety service for women

Published 11 Oct 2018 09:10 CET | India
Indian operator Vodafone Idea has launched the Vodafone Sakhi mobile-based safety service, designed exclusively for women. A ...

Vodafone Idea independent director resigns

Published 03 Oct 2018 15:07 CET | India
Indian mobile operator Vodafone Idea has announced that Uday Khanna has resigned from his position of an independent director of ...





Calendar   /   Industry Events

05 Aug Extreme Networks fiscal Q4
05 Aug Zynga Q2 2020
05 Aug Ribbon Communications Q2 2020
05 Aug CenturyLink Q2
05 Aug Magyar Telekom Q2 2020
05 Aug Synaptics fiscal Q4
05 Aug Roku Q2 2020
05 Aug Dasan Zhone Solutions Q2 2020
05 Aug Dialog Semiconductor Q2 2020
05 Aug Smith Micro Software Q2 2020
05 Aug Inseego Q2 2020
05 Aug Infinera Q2 2020
05 Aug Fitbit Q2 2020
05 Aug NetLink NBN Trust fiscal Q1
05 Aug Maxar Q2 2020
05 Aug TeraGo Q2 2020
05 Aug Samsung Galaxy Unpacked event
06 Aug Cogent Communications Q2 2020
06 Aug MTN Q2 2020
06 Aug PCCW H1 2020
06 Aug Tucows Q2 2020
06 Aug Sierra Wireless Q2 2020
06 Aug Viasat fiscal Q1
06 Aug EchoStar Q2 2020
06 Aug Motorola Solutions Q2 2020
06 Aug Cable One Q2 2020
06 Aug Immersion Q2 2020
06 Aug T-Mobile US Q2 2020
06 Aug PCTel Q2 2020
06 Aug Cincinnati Bell Q2 2020
06 Aug OTE Q2 2020
06 Aug Deutsche Telekom Q2 2020
06 Aug Fortinet Q2
06 Aug NortonLifeLock fiscal Q1
06 Aug BCE Q2 2020
06 Aug Vonage Q2
06 Aug Adtran Q2
06 Aug Veon Q2 2020
06 Aug Switch Q2 2020
06 Aug FCC meeting
::: More Calendar Items