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Indian Government to Acquire 48.99% Stake in Vodafone Idea, Converting Rs 36,950 Crore Spectrum Dues into Equity

Michael Lee 31 Mar, 2025

The Indian government is set to increase its stake in Vodafone Idea to 48.99% by converting Rs 36,950 crore spectrum dues into equity, while promoters retain operational control am...

Business

Bharti Airtel Advances Financial Strategy with Early Rs 6,000 Crore Spectrum Payment to Government

Michael Lee 27 Mar, 2025

Bharti Airtel and its subsidiary Bharti Hexacom have prepaid Rs 5,985 crore of spectrum dues to the government, while Network i2i redeemed $1 billion in perpetual debt securities, ...

Business

Bharti Airtel Clears All Spectrum Dues with Rs 3,626 Crore Payment

Michael Lee 20 Dec, 2024

Bharti Airtel prepaid Rs 3,626 crore to the Department of Telecom to clear all spectrum liabilities for 2016 acquisitions, showcasing its financial strength and strategic planning.