All Vi (India) articles – Page 6
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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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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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Network & Infrastructure
5G auction finally going ahead in India
Set to commence after two-year delay.
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Elsewhere in Vodafone Associates & JVs: TIM to merge fixed network with Open Fiber
TIM agrees to merge fixed network with Open Fiber with support from private equity players; Australian competition authority to rule on whether TPG–Telstra network-sharing deal can go ahead in autumn 2022.
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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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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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Vodafone people moves: Vi actions Digital shake-up
Indian operator Vi sees Chief Digital Officer Jain exit ahead of Consumer Digital function refresh. Operations and skills transformation appointments made at Group-level. Italy’s INWIT JV names Technology and Planning leads in senior changes. TechCo transition takes hold at Vodafone Italy. Fintech vertical in the spotlight at Safaricom on ...
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Elsewhere in Vodafone Associates & JVs: United Internet making moves in Germany
United Internet steps up network launch; TI opens KKR talks.
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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.
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M&A
Vodafone in talks with investors on 21% Indus stake
Group to participate in Vi’s planned capital raise. Vodafone agrees to sell 4.7% Indus stake to Bharti Airtel. Vi troubles have increased ‘trade receivables’ at Indus over several quarters.
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Elsewhere in Vodafone Associates & JVs: Vantage bags new infra partnerships
Vodafone Foundation Australia given makeover; Vantage flags two new infra partners; Vi welcomes Mobile Streams services.
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Vodafone Q3 FY21–22 Headlines: Germany struggles, Africa bubbles
Group service revenue growth for fifth successive quarter. German user experience blunder takes gloss off solid set of numbers. Read continues to blame COVID-19 for German struggles, despite rivals’ success. Vodacom makes “very good progress” as Vodafone Egypt deal nears.
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M&A
Vodafone explores sale of Indus Towers stake
Group plans to use some of the proceeds to take part in Vi fundraising exercise. Bharti Airtel could buy another 4.7% stake in Indus Towers. Indus security arrangements have been modified, but TowerCo still protected from Vi weakness. In Europe, Vodafone could lose Telecom Italia as partner in ...
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Vodafone people moves: eyes on public sector in enterprise swaps
New enterprise segment leads in Italy, Spain, the UK, and others, with public sector account growth among the primary targets. Scott Petty adds Vodafone weight to TM Forum initiative. Governance and regulatory spots filled across the operator’s footprint. Group loses quintet of IoT developers to rival BT as health-tech ...
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Financial & Performance
Vi reports further losses as government takeover looms
Net loss grows 60% year-on-year, with revenue down 10.7%. Earnings report comes amid expectation that Indian government will take majority stake in struggling JV. Absence of annual profit since launch of Reliance Jio in 2016.
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Vi flags VoLTE help from Anritsu
Supplier’s cloud-native software provides QoE KPIs and recommends best actions to resolve issues impacting customers. OpCo in process of expanding reach of Anritsu monitoring platform from 20 million VoLTE subscribers to 58 million.