Vodafone Group Stock News

Vodafone CEO says digital will determine competitiveness of nations

The 10 most active securities during Feb 2022 were Reliance Industries, HDFC, Cipla, Tata Power, Adani Wilmar, Vodafone Idea Ltd, Tata Consultancy Services (TCS), Adani Power, Tata Motors and Infosys

The company''s work with TIP supports its commitment to innovating and creating a rich and open ecosystem of Open RAN compliant products TOKYO, Feb 28, 2022 - (JCN Newswire) - NEC Corporation (TSE: 6701) has been awarded its second ribbon from the Telecom Infra Project (TIP), this time for complying with the requirements for TIP''s OpenRAN RU Technical Requirements Document 2.0. This updated, comprehensive list of technical requirements for Open RAN is built on the valuable work from the operator signatories of the Open RAN MoU Group (European telecom operators Deutsche Telekom, Orange, Telefonica, TIM and Vodafone), and others. NEC is an active participant in several consortia looking to drive technology requirements and standards for Open RAN and is the first global 5G supplier to have live, deployed 5G massive MIMO radio units that are OpenRAN compliant. TIP is comprised of hundreds of companies - service providers, technology suppliers, systems integrators and more - who collaborate to ensure the proliferation of open, disaggregated and standards-based solutions to deliver global connectivity and fully …

Bharti Airtel shares were in focus on Monday after the telecom major announced an agreement with Vodafone to buy 4.7 percent in Indus Towers, on the condition that the amount paid shall be inducted by Vodafone as fresh equity in Vodafone Idea (Vi) and simultaneously remitted to Indus Towers to clear Vi’s outstanding dues.

Read more about Bharti Airtel dips 3% on plans to buy 4.7% stake in Indus from Vodafone on Business Standard. The agreement in on the principal condition that the amount paid shall be inducted by Vodafone as fresh equity in VIL and simultaneously remitted to Indus Towers to clear VIL''s outstanding dues.

Recently, three Vodafone customers lost over Rs 5 lakh collectively in the same type of fraud.

Bharti Airtel: The telecom major on Friday said it has entered into an agreement with Vodafone Group Plc. to buy 4.7% equity in Indus Towers. The financial details of the deal have not been disclosed.

Buzzing stocks: Biocon, Sun Pharma, Aurobindo Pharma, Zomato, Reliance Ind, Adani Power, SJVN, Ircon, Muthoot FInance, Star Housing Fin, Vodafone Idea, Bharti Airtel, Hindalco

Nifty futures on the Singapore Exchange traded merely 27 points, or 0.16 per cent, higher at 16,686.50, signaling that Dalal Street was headed for a positive start on Monday. Here are some stocks which may buzz the most in today''s trade.

Vodafone Group Plc found using ticker (VOD) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 25.01 and 24.99 calculating the average target price we see 25. Now with the previous closing price of 17.67 this now indicates there is a potential upside of 41.5%. The 50 day MA is 16.79 and the 200 day MA is 16.6. The market capitalisation for the company is $48,559m. Find out more information at: https://www.vodafone.com [stock_market_widget type="chart" template="basic" color="green" assets=VOD" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $68,703m based on the market concensus. Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers.

The Supreme Court has held that an individual facing any deficiency in telecom services can approach consumer forums directly with his complaint against the company. The fact that the remedy of arbitration under the Indian Telegraph Act of 1885 is of a statutory nature would not oust the jurisdiction of the consumer forum in such matters, a bench of Justices DY Chandrachud, Surya Kant and Vikram Nath said. "It would be open to a consumer to opt for the remedy of arbitration, but there is no compulsion in law to do so and it would be open to a consumer to seek recourse to the remedies which are provided under the (Consumer Protection) Act of 1986, now replaced by the Act of 2019, the bench said. The top court passed the verdict on an appeal of Vodafone by which the company had challenged an order of National Consumer Disputes Redressal Commission (NCDRC) by which it had affirmed the view of SCDRC that Section 7B of the Act of 1885 would not be applicable to a private service provider

Bharti Airtel shareholders have cleared the issue of equity shares by the company to Google on “a preferential basis” following the US-based tech giant’s recent purchase of a 1.28% stake in the telco for $700 million. They have also backed the telco’s plans to spend a whopping Rs 1.17 lakh-crore in related-party expenses, including opex, via joint venture, Indus Towers, and subsidiaries – Nxtra Data and Bharti Hexacom – over the next four years.“The resolutions (as part of special businesses) were approved with a 99.99% overwhelming majority at Airtel’s extraordinary general meeting (EGM) on February 26,” the Sunil Mittal-led telco said in an exchange filing.Last month, Google had announced an investment of up to $1 billion in Bharti Airtel. Of this, $700 million would be for a 1.28% stake, while the balance $300 million would be pumped in over five years as part of commercial pacts to make smartphones more affordable to drive 4G upgrades and also jointly develop network domain 5G use cases.

Deal signed on condition that proceeds are used to clear Vi''s dues

British telecom operator Vodafone Plc in a statement earlier stated that it will participate in VIL''s fundraising process along with the Aditya Birla group

New Delhi, Feb 25 (IANS) Telecom major Bharti Airtel on Friday said it has entered into an agreement with Vodafone to buy its 4.7 per cent equity interest in Indus Towers. According to Bharti Airtel, the agreement is based on the principal condition that the amount paid for the equity stake shall be inducted by […] The post Bharti Airtel to acquire Vodafone’s 4.7% stake in Indus Towers appeared first on Buziness Bytes .