19 results for “AGR Case”

Vodafone Idea gets a Duct-Tape-Fix by converting government debt to equity

The Indian government is converting ₹37,000 crores of Vodafone Idea’s (VI) debt into equity at ₹10 per share, despite the stock trading lower. This move, driven by regulatory constraints, offers only temporary relief as VI remains financially distressed with ₹165,000 crores in losses and a negative net worth. With massive upcoming payments and a struggling business model, VI’s survival is uncertain. A structured bankruptcy may be the best solution, ensuring market competition while avoiding prolonged financial struggles. Meanwhile, Airtel and Jio stand to gain from VI’s woes.

Will funds squeeze hurt Vi's 5G prospects?

With the 5G spectrum auctions round the corner, Reliance Jio and Bharti Airtel look set to make strong bids. Can Vi mount a worthy challenge or will it end up as an also-ran?

HGS stake sale, AGR dues converted to equity, Where to invest in 2022 & More

HGS & a billion-dollar stake sale | Government claims stake in Vodafone Idea & Tata Tele | Capitalmind Momentum Portfolio in 2021 | TCS experimental trade | Where to invest in 2022 - all this and much more in the latest Capitalmind Saturday Coffee Newsletter!

Telecom relief package ensures survival but not revival

To save the dire situation of one of the telecom operators, the Government of India announced a slew of reforms today. In a press conference, Ashwini Vaishnaw, Minister for Communications, said that the Cabinet Committee has approved nine structural reforms and five process reforms for the telecom sector. In this post, we dwell upon the important announcements and their impact on the industry. And obviously, try to answer the most frequently asked question: Will Vodafone Idea survive?

Vodafone Idea: Deteriorating hopes of survival

Will Vodafone Idea survive? Has been one of the most frequently asked questions since the Supreme Court's AGR verdict a year ago. Recently, we wrote on what happens if the company shuts shop. Q1FY22 results, which were released on Saturday, reinforce the impending financial crisis at Vodafone Idea that will hurt the Government of India the most.

What happens if Vodafone Idea goes bankrupt?

An unfavourable verdict of a two-decade-old legal battle between India’s mobile operators and the Government of India has put one of India’s oldest telecom operators in a fix. Yes, we are talking about the merged company – Vodafone Idea Ltd. The share prices of the Vodafone Plc and Kumar Mangalam Birla controlled entity have halved in value since the start of the year while that of its peer – Bharti Airtel Ltd. – has grown 15%. In the ongoing week, the share prices of Vodafone Idea have fallen over 28%. Even before the unfavourable outcome, the company was failing to keep up with its peers. In this post, we dwell upon what led to all this and what lies ahead for the telecom operator.

Indian Telecom Sector: Duopoly Or Hefty Tariff Hikes?

Bharti Airtel Ltd. – India’s second-largest mobile operator has significantly consolidated its position in financial year 2021. The Sunil Bharti Mittal and SingTel controlled company has not only been able to grow its subscriber base but has also been able to outperform its peers in most of the parameters. Here’s a look at how the Q4FY21 and the entire financial year panned out for the telecom operators.

Is Reliance Jio Signalling A Tariff Hike?

Reliance Jio Infocomm Ltd., few days back, did what most telecom companies routinely do – announce new tariff plans. But there was something unusual about these plans introduced by the country's most valued telecom company. Generally, telecom companies experiment with new plans to attract new users. Similarly, Reliance Jio introduced “Jio Freedom Plans” at five different price points. Then what was so different that Jio did?

Telecom Tariff Hike: Imminent, But When?

Investors of the Indian telecom market have been expecting a tariff hike for the last six months. It has been almost a year since our mobile bills have increased. Will it increase now? If not, then what will happen to the Indian telecom industry? Is the government also pushing for a tariff hike?

The Market Loves Drugs & Tech; Hates Power and the Powerful

The performance of the Nifty 50 index has been patchy from last Samvat because of the outbreak of Covid-19. The lockdown imposed from the last week of March 2020 led the Nifty 50 index slip over 35% from its all-time high. However, since then the index has touched new highs led by select heavyweights. Pharma and IT stocks were among the top gainers from the last Samvat, while PSU energy stocks were among the top losers. We take a look at some of the biggest NIFTY winners and losers over the last year and what might lie ahead.

What To Make Of The Much Awaited AGR Outcome

The final outcome of the AGR case from the Supreme Court bench led by Justice Arun Mishra has not only given the Government of India clarity on how and when it will be receiving the balance payment but has also removed an overhang on Bharti Airtel Ltd. and Reliance Jio Infocomm Ltd.

Bharti Infratel-Indus Merger Completes With No Major Benefits

After five extensions and over two years after the deal was first announced, the merger between Bharti Infratel Ltd. and Indus Towers Ltd. – to create the world’s largest tower company outside China.

The Curious Case Of AGR Dues

Q4FY20 Earnings: Vodafone Idea’s Liquidity Worsening

Bharti Airtel: Phoenix Rising From The Ashes

Can Vodafone Idea Survive Even With A Favourable AGR Case Outcome

The verdict of a 15-year-old legal battle between India’s mobile operators and the Government of India, has raised serious concerns around the survival of Vodafone Idea Ltd. Even with the best possible/most favourable payment term – which now looks quite possible – the Vodafone Plc and Kumar Mangalam Birla controlled entity will have to revisit its survival plan. Can Vodafone-Idea survive or will Indian telecom become a duopoly?

How the Franklin UST Bond Fund Reacted to Vodafone's Fall From Grace

Actionable: Opportunity courtesy Vodafone Idea [Premium Unlocked]

All This In One Day: Hiking PMS Minimums, Selling BPCL, Letting Voda-Idea Breathe...