Is idea going to shut down?
Is idea going to shut down?
Indian telco Vodafone Idea (Vi) is reportedly close to “point of collapse” and needs help from the Government, one of its investors said this week. Last year the Supreme Court of India gave Vi and Airtel 10 years to pay, with the first installments of 10 percent due in March 2021.
What is the new name of Idea SIM?
Vodafone Idea Limited
NEW DELHI: Telecom company Idea Cellular has called an ‘Extraordinary General Meeting’ (EGM) on June 26 to approve changing the name of ‘Idea Cellular Limited’ to ‘Vodafone Idea Limited’, as the firm nears completion of merger with Vodafone India. “…
What is future of IDEA share?
As on 31st Aug 2021 IDEA Share Price closed @ 6.10 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 9.47 & Strong Sell for SHORT-TERM with Stoploss of 8.15 we also expect STOCK to react on Following IMPORTANT LEVELS….IDEA Share Price.
| IDEA CURRENT MONTH FUTURE | |
|---|---|
| Close | 6.20 |
| Lot Size | 70000 |
What is happening to Vodafone Idea?
The immediate fallout of a Vodafone Idea demise will be the subscriber exodus – at rates, which could be magnitudes higher than the current one. Vodafone Idea currently has over 270 million subscribers. Its death could overburden Airtel and Jio.
Is Airtel in debt?
In financial year 2021, Bharti Airtel Limited reported a net debt of about 934 billion Indian rupees. This was an decrease from more than one trillion Indian rupees in financial year 2020. Bharti Airtel offers its customers home and digital TV services along with its widely popular mobile services.
Does Vodafone idea have a future?
Vodafone Idea has paid Rs 7,854.37 crore of its total dues, but over 50,000 crore remains outstanding. It has to pay its next instalment in 2022.
Who is owner of idea?
Vodafone Group Plc
Aditya Birla Group
Vodafone Idea/Parent organizations
What is the old name of idea?
The name of the company was changed from Birla Communications Ltd to Birla Tata AT Ltd.In the year 2002 the name of the company was further changed to Idea Cellular Ltd and also they launched the ‘Idea’ brand name. They commenced commercial operation in Delhi circle.
Who is the chairman of Vodafone idea?
Kumar Mangalam Birla
Vodafone Idea/Chairmen
What is the rank of Airtel in the world?
It is the second largest mobile network operator in India and the second largest mobile network operator in the world. Airtel was named India’s 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.