Vodafone Group News

Meanwhile, Vodafone Group has reportedly sold as many as 53.3 crore shares in Indus Towers for Rs 17,065 crore.

This collaboration is anticipated to provide expansive digital platforms to over 300 million businesses, public sector entities, and consumers throughout Europe and Africa.

In 2017, the two companies had announced that they will combine the operations to create the country's largest telecom operator.

The central government, which has opposed the arbitration proceedings under the two BIPAs by moving a plea here, claimed that the company's response was not as per the Civil Procedure Code (CPC).

As part of the programme, dubbed Project Next, Bharti Airtel will redesign its 2,500 retail stores, revamp its mobile application, and allow its contract mobile phone subscribers consume unused data in the next billing month.

Leading telecom service provider Vodafone on Tuesday announced that it was offering up to four more times data to 4G customers bying 1GB and 10GB packs.

Raising the multi-billion dollar Vodafone tax issue, the UK Monday asked for speeding up the arbitration process to resolve the dispute even as India assured that it will not resort to retrospective taxation route in such cases.

Telecom operators Vodafone and Tata Teleservices Wednesday made payments of Rs 10,100 crore and Rs 2,300 crore, respectively, to the government for spectrum they bought in the recently-concluded auction.

Vodafone Group is likely to file a draft prospectus for a planned listing of its Indian business in August ahead of a market debut in the fourth quarter, in a deal expected to raise as much as $2.5 billion, people with direct knowledge of the matter told Reuters.  

Telecom major Vodafone India Tuesday reported a tepid 4.1 percent rise in pre-tax profit at Rs 13,115 crore for 2015-16, helped by a 45 percent surge in data revenue.

Five years after mobile number portability (MNP) was introduced in India, incumbents Idea Cellular, Vodafone and Bharti Airtel stand out as the only gainers while Reliance Communications, Aircel and Tata Teleservices are the biggest losers.

Ahead of the biggest ever telecom spectrum auction in India, UK's Vodafone today warned that a high price for airwaves can hit investments in the country.

Facebook had partnered with telecom operator Reliance Communications in India to roll out its Free Basics programme that offered free access to basic Internet services through selected partner websites.

On February 4, the I-T department issued Vodafone a reminder over its Rs 14,200-crore tax demand and threatened to seize assets in the case of non-payment.

Rejecting Vodafone's criticism over the Rs 14,200-crore tax notice, Telecom Minister Ravi Shankar Prasad today said in the past government had taken decision in the "favour" of the UK-based telecom giant also.

Global telecom giant Vodafone has taken exception to the Indian tax department threatening to seize its assets if it fails to pay a disputed demand of over Rs 14,000 crore, which is still under international arbitration.  

The British telecom major has disputed the tax demand over its acquisition of 67 percent stake in Hutchison, now called Vodafone India, arguing that no tax was due as the transaction was conducted offshore.

The Supreme Court has asked Vodafone Mobile Services Ltd (VMSL) to pay Rs 2,000 crore to the government in pursuance of the proposed merger of licenses of its four entities into itself.