Spectrum auction concludes with ₹11,340 cr bids; here’s how telecom stocks react
Bharti Airtel emerged as the biggest bidder by securing 69% of the total MHz on offer, followed by VIL at 21%, and RJio at 10%.
vodafone idea
June 2024
April 2024
Spectrum auction: Reliance Jio acquires 1800 MHz for ₹974 cr
Jio has acquired the right to use spectrum in the 1800 MHz band in Bihar and West Bengal for ₹973.63 crore.
Vi board approves raising ₹2,458 cr via share sale to Nokia, Ericsson
Vi says preferential allotment of 166 cr shares will be done for around ₹2,458 crore to two of its key vendors – Nokia Solutions and Networks India, and Ericsson India
Vodafone Idea FPO shares list at 9% premium over issue price
Over 1,636 crore new equity shares of Vodafone Idea allotted to investors under the FPO were listed on the exchanges today.
Vodafone Idea shares jump 4% as FPO subscribed 6x on last day
The ₹18,000 crore FPO of Vi, the largest so far by an Indian company, was overall subscribed 6.36 times, led by QIBs and NIIs.
Vodafone Idea's ₹18,000 cr FPO fully subscribed on Day 3
QIB quota gets maximum response, with category receiving bids for 1,423 cr shares against 360 cr on offer, thus subscribing 4.8 times
Vodafone Idea FPO: Vi raises ₹5,400 cr from 74 anchor investors
Vodafone Idea FPO opens tomorrow; the floor price at ₹10 apiece, while the cap price at ₹11 per share, with a minimum bid lot of 1,298 apiece
Vodafone Idea shares fall 4% ahead of ₹18,000-cr FPO
The beleaguered telecom operator plans to use ₹12,750 crore from the FPO to purchase equipment to expand its 4G and 5G network as well as existing capacities.
Vodafone Idea announces ₹18,000 cr FPO; fixes price band, lot size, dates
Vi shareholders have approved a ₹20,000-cr fundraising plan via a combination of equity and equity-linked instruments; telco aims to raise ₹45,000 cr
The infinity of rings!
A fictitious and satirical take on the predicament of a troubled telecom operator
