telecom News

Vodafone Divests Entire Stake in Indus Towers for Rs 2,800 Crore, Settles Rs 890 Crore Dues

Vodafone has sold its entire 3% stake in Indus Towers for Rs 2,800 crore, using Rs 890 crore to clear dues and increasing its share in Vodafone Idea Limited to 24.39%. This strateg...

Government Departments Slash Capital Expenditures: A Deep Dive into Telecom, Railways, and More

Major government departments, including telecom, defense, railways, and highways, have reduced their capital expenditures, with the Department of Economic Affairs also showing caut...

Vodafone Group Settles Massive Rs 11,650 Crore Debt Against VIL Shares

Vodafone Group has cleared a significant debt of Rs 11,650 crore against Vodafone Idea shares, releasing pledges on a substantial portion of the company's equity. This strategic fi...

Bharti Global Secures 24.5% Stake in BT Following UK Government Approval

The UK government approves Bharti Global's purchase of a 24.5% stake in BT, following a national security assessment. BT will establish a national security committee to oversee str...

BSNL Set to Launch 5G Services by Mid-2024: Minister Scindia

Communications Minister Jyotiraditya Scindia announced BSNL's plan to launch 5G services by mid-2024, highlighting the company's financial recovery and technological advancements.

Vodafone's Complete Exit from Italy: A Strategic Move to Swisscom

Vodafone Group Plc has signed a binding agreement to sell 100% of its operations in Italy to Swisscom AG for €8 billion. The transaction, subject to regulatory approvals, marks Vod...