India – Page 3
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PremiumVi cash crisis piles pressure on tower partners, investors
Indus Towers seeing some success in debt recovery from Vodafone‑backed operator, but more work to be done.
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PremiumElsewhere in Associates and JVs: Vi hires Ericsson for massive charging overhaul
Vi hires Ericsson for massive charging overhaul.
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PremiumVodafone Peoplewatch: new OpCo CEO amid changes in Europe
April 2023 update: Series of changes include new Albania CEO and senior swaps in Greece and Hungary.
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PremiumT-Sys furthers Indian expansion with new Bengaluru hub
New offices open in Umiya Business Bay at Cessna Business park, Bengaluru, alongside expansion of delivery capacity in pune.
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PremiumElsewhere in Associates & JVs: INWIT energy management system deemed healthy
INWIT energy management system deemed healthy.
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PremiumCDPQ ‘overtakes KKR’ in American Tower India stake race
Reports suggest Canadian investor looks the more likely buyer after moving faster than rival KKR bid.
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PremiumElsewhere in Associates and JVs: TPG secures first customers for enterprise 5G services
TPG secures first customers for enterprise 5G services.
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PremiumAmerican Tower explores India hand-off amid MNO debt headaches
US group in “exploration mode” over deal to monetise part of its Indian business, amid “challenging business environment”.
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PremiumVi grapples with losses, debt after equity conversion completes
Indian government now owns about 33% of JV.
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PremiumVodafone people moves: Vodacom consumer chief exits
Jorge Mendes, Chief Consumer Business Officer, leaves Vodacom Group after 23 years at the operator.
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PremiumIndus Towers posts loss as pressure piles on ailing client Vi
TowerCo forced to make large provision against ‘doubtful debts’.
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PremiumElsewhere in Associates & Investments: More strife for Vi as fifth of sales staff exit
More strife for Vi as fifth of sales staff exit
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PremiumMore strife for Vi as fifth of sales staff exit
Mass exodus said to have occurred in recent weeks.
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PremiumPrachur Sah named CEO of Indus Towers
Former leader of oil and gas producer Cairn takes CEO title at Indus Towers, replacing Bimal Dayal after July 2022 departure.
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Venturing & InvestmentsVi equity conversion requires further Vodafone funding
Local reports indicate that Vodafone and Aditya Birla’s planned investments fall short of government expectations.
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PremiumAmdocs shows ‘love’ for TMUS as second-largest customer
US NatCo accounted for 20% of vendor’s revenue in FY21–22.
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Financial & PerformanceRevenue flat at UK telcos’ M&A sherpa
Robey Warshaw sees slight dip in takings despite recruitment of former UK Chancellor George Osborne.
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PremiumDigital expansion continues at Spanish, Indian hubs
DT reportedly ships 300 staff from former St. Petersburg office to Granada and Reus to support growth ambitions in Spain.
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Network & InfrastructureAstrocast strengthens constellation with new satellites
Four new spacecraft launched to increase constellation to 14 satellites.
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PremiumBoomtime for 5G in India, but Vi still lags
Airtel attracts more than one million 5G users in fewer than 30 days since launch; Jio up and running in 12 cities.