All India articles – Page 6
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M&A
Vodafone in talks over Indus Towers sale
Canadian pension fund CDPQ linked to acquisition of Vodafone’s 21% stake.
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Financial & Performance
Indus weathers Vi financial storm, sets sights on 5G
India’s TowerCo JV deals with impact from struggling client.
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Network & Infra
Vi has enough spectrum for ‘years to come’
Outgoing CEO Ravinder Takkar says operator has “solid portfolio of spectrum across all bands”; prioritises mid-band 3.3GHz or 5G.
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Network & Infra
India’s long-awaited 5G auction draws to a close
Vi rounds off the top-three bidders, picking up 6.2GHz in spectrum.
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Financial & Performance
Vi equity conversion will take “some time” yet
“Technical issues” to be resolved, says communications minister.
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Premium
Elsewhere in Vodafone Associates & JVs: Vi gets INR 10.3bn tax refund
Vi to receive tax rebate following High Court order.
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People
Vi readies for “next phase” with new CEO
Former CFO Moondra takes the mantel, with Takkar moving upstairs for a board seat.
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Operations
BT outlines Digital recruitment drive, seeks 2,800 staff
Harmeen Mehta wants 1,000 new UK colleagues, with remainder based in India.
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Network & Infra
Vi considered vulnerable as Adani enters 5G auction
Indian conglomerate plans private network focus, but analysts suspect a consumer play lies ahead.
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Partnerships & Alliances
Cisco linked with Airtel and Vi’s low-key Wi-Fi JV
Indian press suggest vendor is close to a deal to absorb Firefly Networks.
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Strategy & Change
BT preps Indian hiring spree
BT Digital boss Harmeen Mehta wants to expand use — and customisation — of India digital talent pool to drive transformation at operator.
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Financial & Performance
Vi nears funding target as state equity conversion looms
Cash-strapped Indian joint venture closes in on INR 200bn fundraising target.
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Premium
Vi CEO promises better times ahead
Takkar talks effusively of “positive catalysts” for Vodafone’s Indian JV.
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Partnerships & Alliances
Vi mulls exit from Wi-Fi joint venture
Indian operator goes cool on Firefly joint venture with Airtel, set up in 2015.
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Operations
Indus seeks to move on from “nail-biting” Vi crisis
Indian tower giant sees “discomfiting” client payment worries subsiding
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Premium
Elsewhere in Vodafone Associates & JVs: Bharti Airtel Chairman wants “affordable” spectrum
TRAI proposes near-40% reduction across spectrum bands in upcoming auction; Vodafone Egypt acquires 10% stakes in e-payment platforms Bee and Masary.
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Venturing & Investments
Vodafone increases Vi stake
Group outlines commitment to struggling JV, upping its holding by 3.2%. Investment arrives via Vodafone subsidiary Prime Metals in a vital period for Vi. Further cash injections mooted amid government takeover.
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Premium
Vi poised to swap out Huawei 4G for Nokia
News signals desire for distance from Chinese vendor. 5G trials underway with Ericsson and Nokia. Details for long-delayed 5G auction expected soon.
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M&A
Indian government urged to speed up Vi equity conversion
Debt-for-equity swap yet to go through after months in limbo. Vi said to believe completion is key to securing further investments. Move would give Indian government a 35.8% stake in Vi.