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Tag: Vodafone-Idea

  • Vodafone Idea Expands New Technology In Kolkata To Enhance Network Infrastructure | Companies News

    Kolkata: The post-acquisition of additional spectrum in the 900 Mhz band in Kolkata, telecom operator Vodafone Idea (Vi) announced an expansion of a new technology in 3000 sites across the city to enhance network infrastructure.

    This expansion is part of Vi’s broader strategy to upgrade its network infrastructure, following a successful Rs 18,000 crore Follow-on Public Offering (FPO). This upgrade aims at providing a stronger indoor coverage experience for users, with superior calling and faster data speeds, Vi said in a statement.

    Vi has also acquired additional spectrum in the recently concluded spectrum auction, committing Rs 31 crore for 0.4Mhz of spectrum in the 900 Mhz band in Kolkata Circle and Rs 376 crore for 7.6 Mhz of spectrum in the 900 Mhz band in West Bengal Circle.

    With these, Vi now has a total spectrum portfolio of 334.4Mhz in Kolkata and 536.8Mhz in West Bengal circles. “Our goal is to provide the best network experience, and this upgrade is a testament to our commitment to providing superior services to our customers,” Vodafone Idea Cluster Business Head, (West Bengal, Assam & North East), Naveen Singhvi said.

  • Adani, Vi might face fines in the event that they fail 5G minimal rollout rule

    New Delhi: The division of telecommunications (DoT) is evaluating the potential of imposing penalties towards Vodafone Idea and Adani Data Networks, in the event that they fail to fulfill rollout obligations set for rolling out 5G community within the first section.

    According to 3 DoT officers, the businesses have taken the unified licence beneath which minimal rollout of 5G should be met inside a 12 months of getting airwaves, failing which the division will proceed with invoking a clause within the discover inviting purposes, or NIA, that mandates penal motion towards the defaulting firms.

    “There is a proposal however a ultimate choice is but to be taken. Also, there’s nonetheless time for the telcos to fulfill the community rollout obligation’s minimal requirement,” mentioned one of many officers. Penalties of ₹1 lakh per week for the primary 13 weeks, adopted by ₹2 lakh per week for the following 13 weeks, can be levied on the telcos that don’t meet the duty. A present trigger discover can be issued earlier than penalties are levied.

    A second official mentioned that the businesses have been but to speak their plans for assembly the rollout circumstances, whereas including that the federal government was not in favour of giving any extensions to the deadline. All carriers acquired the airwaves on 18 August 2022. While Airtel and Jio have collectively put up over 200,000 5G websites between themselves, Vodafone Idea and Adani Data Networks are but to deploy any web site, with the final date nearing on Thursday.

    According to the circumstances, telcos need to launch 5G companies wherever within the licensed service space in a metro and no less than one metropolis or city in a non-metro space, within the first 12 months of spectrum acquisition for airwaves within the 3.3-3.5GHz band. For the spectrum in 26GHz band, the telco can launch industrial service wherever within the service space inside a 12 months as per the minimal obligation.

    The DoT, Adani Data Networks and Vodafone Idea didn’t reply to queries as of Tuesday.

    Vodafone Idea’s CEO Akshaya Moondra has mentioned in earlier earnings calls that the provider will meet the minimal rollout obligation and that it’s going to not require a lot funding. The telco has already carried out 5G testing with all main handset firms on 5G clusters have additionally been arrange in Delhi and Pune, the provider has mentioned in its annual report.

    Adani Data Networks has airwaves solely within the 26Ghz band and is, subsequently, mandated to launch industrial service wherever within the service space inside a 12 months.

    Industry insiders mentioned the dearth of use circumstances and excessive value of apparatus within the 26Ghz had prevented carriers to launch industrial companies within the band. However, Bharti Airtel that has airwaves within the 26Ghz band launched nationwide 5G companies final week. The No. 1 provider Reliance Jio launched its nationwide 5G service on the band on Monday, thus assembly the primary section of rollout obligations.

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    Updated: 15 Aug 2023, 10:29 PM IST

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  • Shield telcos from obligation even when AI blocks messages: Vi

    NEW DELHI : Telecom service suppliers have to be shielded from any obligation even when genuine communication is inadvertently blocked by artificial intelligence or machine translation (AI-ML) strategies, which had been designed to dam unsolicited calls and messages considering that the Telecom Regulatory Authority of India (Trai) had mandated telcos to deploy such utilized sciences to curb spamming, Mathan Babu, Vodafone Idea’s chief knowledge security officer and knowledge privateness officer acknowledged in an interview.

    India’s third-largest service has already harnessed AI-ML to craft a solution for blocking spam with out instantly deploying an AI-ML engine. That acknowledged it might probably take some further time to completely deploy AI-ML system as telcos count on some preliminary obstacles such as a result of the unintended filtering of bona fide messages, incorrectly acknowledged as spam.

    “Deploying any specific AI/ML model in dwell requires validation in opposition to massive info items and stays to be work in progress. Models have extreme potentialities of blocking true positives and any selections on AI/ ML must be fastidiously assessed and might be proceeded solely when there’s immunity from every the data set proprietor and the regulator,” Babu acknowledged.

    Even as telecom companies implement AI algorithms to thwart unsolicited communication, demand for such measures is rising following an uptick in fraudulent spam messages, notably on WhatsApp. Trai has instructed telcos to utilize AI to assist tens of thousands and thousands of Indian prospects. Spammers are exploiting the Meta-owned messaging platform by making calls from worldwide numbers to unsuspecting prospects to defraud them.

    According to a Localcircles survey revealed on Wednesday, 46% of Indian WhatsApp prospects obtained unsolicited audio and video calls, which has surged beforehand month. It acknowledged 59% of calls originated from unidentified worldwide numbers.

    In a earlier attempt to dam unsolicited communication, the regulator had, in March 2021, mandated telcos to utilize blockchain or distributed ledger know-how , nevertheless it absolutely resulted in giant disruption in financial and UPI transactions as a result of the scrubbing mechanism ended up blocking messages carrying one-time-passwords or OTPs Trai wanted to briefly droop the mandate nonetheless re-instated it later as a result of the menace of spam messages and calls continued.

    Babu acknowledged that Vodafone Idea has already methods and procedures in place that already have confirmed greater outcomes even with out deploying the AI/ML model and has confirmed that it is able to greater administration and defend its private shopper base that receives spam messages using the deployed DLT know-how. He added that the reply had been showcased to Trai and few banks.

    He added that the AI model, which learns from inputs which could be provided to it and evolve, might most likely decide promoting and advertising and marketing messages being despatched by, as an illustration, a monetary establishment, as spam message to prospects and can seemingly block them, thus may can be found in strategy of the promoting and advertising and marketing efforts.

    He added that in such circumstances, recommendations to close loop the analysis from the marketeer which is the exact messenger on an ongoing basis is required to reinforce the model and deploy it efficiently.

    “AI/ML model takes longer time to mature to produce desired ranges of accuracy” he acknowledged.

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  • Vodafone Idea pronounces ₹181 info plan for its pay as you go clients

    Vodafone Idea (Vi) has launched a model new cell recharge plan for its pay as you go purchasers. The telco has added ₹181 plan. It is a 4G info voucher that could be purchased as an add on to the current plan.

    Vodafone ₹181 plan presents 1GB of net info per day. The plan has a validity of 30 days.

    The telco has beforehand launched two pay as you go plans with cell info, voice calling and SMSes. These included ₹289 and ₹429 plans with as a lot as 79 days validity. Both these plans might be discovered on Vi app and website online.

    Vi ₹289 plan has a validity of 48 days. It presents limitless calling and 600 SMM per day. The plan has 4GB cell info in full. Similarly, the Vi ₹429 plan comes with limitless voice calling info and 1000 SMSes. The plan presents cell info for a validity of 78 days. 

    In one different info, Zerodha co-founder and CEO Nikhil Kamath has these days shared a publish expressing his views on the rising net shopper base in India. In a tweet he notes how India’s market share inside the worldwide cell website online guests has elevated over a interval of 10 years. The share was 2% in 2012 and has now elevated to 21% in 2022.

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  • Vodafone Idea brings new pay as you go plan with limitless calling: Details

    Vodafone Idea brings new pay as you go plan with limitless calling: Details | Mint

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  • Vodafone loss at Rs 7,595.5 crore

    Vodafone Idea’s consolidated loss after tax widened to Rs 7,595.5 crore for the three months ended September 2022 (Q2) from Rs 7,296.7 crore in the identical interval a 12 months in the past.

    The firm stated its subscriber base declined to 234.4 million from 240.4 million within the first quarter

    Akshaya Moondra, CEO, Vodafone Idea, stated “We are pleased to report fifth consecutive quarter of revenue growth and 4G subscriber addition. Such performance is primarily driven by the continued increase in 4G subscriber base on the back of superior data and voice experience offered by Vi GIGAnet.”

    “Our board has recently approved issuance of Optionally Convertible Debentures amounting to Rs 1600 crore to ATC India. We continue to remain engaged with our lenders and investors for further fund raising to make required investments for network expansion and 5G rollout.”

    Revenue for the quarter was at Rs 10,614 crore, a quarter-on-quarter enchancment of two.0 per cent. On a year-on-year foundation, income development was at 12.8 per cent. Capex spend for the quarter stands at Rs 1210 crore towards Rs. 840 crore in Q1FY23.

    The whole gross debt (excluding lease liabilities and together with curiosity accrued however not due) as of September 30, 2022 stands at Rs 220,320 crore, comprising of deferred spectrum cost obligations of Rs 136,650 crore (together with Rs 17,260 crore in direction of spectrum acquired in latest spectrum public sale) and AGR legal responsibility of Rs 68,590 crore which can be as a result of Government, and debt from banks and monetary establishments of Rs 15080 crore.

    “We continue to focus on expanding our high-speed broadband network coverage and capacity. We also continue to refarm 2G/3G spectrum to expand our 4G coverage and capacity as well as upgrade our core and transmission network. We have shut down 19,000 3G sites during the quarter while we added 8,500 4G sites. Our overall broadband site count stood at 444,228 as of September 2022. Till date, we have deployed 74,300 TDD sites in addition to the deployment of 13,800 massive MIMO sites and 13,200 small cells,” it stated.

    “Our 4G network covers over 1 billion Indians as of September 30, 2022 (4G coverage is the population reached/covered by VIL with its 4G network). These network investment initiatives continue to deliver a significant uplift to our overall data capacity,” the corporate stated.

  • Don’t let mind-boggling returns cloud your judgment

    To make sure, a lot of the run-up within the firm’s inventory value got here not too long ago on again of a extremely worthwhile December quarter in FY22, after a number of quarters of losses.

    Penny shares appear to be fairly fashionable amongst many retail traders, as a result of steep returns that a few of them have delivered. Out of all penny shares listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), the 448 shares which have disclosed their newest shareholding reveals retail traders have 20% or extra shareholding in practically 40% of them.

    The lure of creating giant positive aspects shortly with minimal funding attracts retail traders to those penny shares.

    For the identical sum of money, they will purchase lots of shares in a penny inventory as say a bluechip firm. For instance, an investor will get 39 shares of Reliance Industries for an funding of ₹1 lakh. For the identical quantity, the investor would get 25,000 shares in Vikas Ecotech, a penny inventory value ₹3.85.

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    Due to their low base, a small achieve on the inventory costs of such shares quantities to giant positive aspects by way of share. But do the rewards outweigh the dangers that these penny shares carry?

    More misses than hits

    An evaluation of the previous five-year efficiency of penny shares the place retail traders had excessive shareholding (20% or increased) as of September quarter 2017, reveals that a little bit over one-third of such shares delivered near Nifty 50 index returns or increased during the last 5 years (see: graphic).

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    However, what’s extra regarding is that a big chunk of such shares — 42% — had been suspended or faraway from exchanges. The suspension was both resulting from violations, or default on annual itemizing charges or restricted buying and selling as these shares had been put underneath surveillance watch by the inventory exchanges. Some of those had been merely faraway from exchanges after being suspended from an extended interval. One-fourth of those penny shares lagged far behind the 71% returns (in absolute phrases) clocked by the Nifty 50 Index during the last 5 years.

    Penny inventory for a cause

    To make sure, there have been penny shares that delivered multi-bagger returns (greater than 100%) in previous 5 years, however this was nonetheless simply one-third of the 456 penny shares’ universe.

    Hemang Jani, head-equity technique, broking and distribution, Motilal Oswal Financial Services (MOFSL) says, “If traders punt on penny shares simply going by shares recommendations on some social media platform or market rumours, they’re doing nothing to scale back the likelihood of shedding their capital in such penny shares.”

    “If they still wish to take their chances, it is important that they do some due diligence on their own to figure out what could be the factors that could lead to a re-rating of the stock or a turnaround of the company,” he provides.

    Many penny shares can be found at such low inventory costs right this moment due to worsening enterprise fundamentals. It may be resulting from a heavy pile of debt, disruption triggered resulting from competitors or entry of latest participant, or the services or products itself going out of use.

    Take the case of Vodafone Idea, whose share trades at simply ₹8.58. Apart from heavy debt, the inventory has been overwhelmed down as a result of aggressive depth within the telecom trade after the entry of Jio. Retail traders maintain about 6% in Vodafone Idea.

    Deepak Jasani, head-retail analysis, HDFC Securities, says that a number of penny shares have misplaced worth throughout dangerous instances. “Investors assume that as a result of costs are so low-cost, it’s unlikely for such shares to see additional correction and therefore there’s a margin of security. But this isn’t the fitting understanding of margin of security,” he adds.

    Promoter competency and corporate governance standards are also things to watch in certain penny stocks. Some of these stocks are easy to manipulate due to their low volumes. So, by creating artificial volumes, prices of certain penny stocks can see sudden spurts, to allow exit for certain sets of investors or promoters.

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    Not for small investors

    The high-risk in penny stocks don’t make them suitable for small investors. If the investor ends up making a wrong bet, he can see a sharp capital erosion and the lack of liquidity may not even let the investor exit his position to cut losses. Penny stocks don’t see much volumes on the exchanges.

    Jani of MOFSL says that penny stocks are not meant for small investors. “A high net-worth investor (HNI) can take risk with a small part of his portfolio and still make a meaningful bet on a penny stock. However, a small investor may end up putting a large part of his net worth at risk when punting on a penny stock. So, he stands to lose a lot more on such investments,” he provides.

    Beyond inventory costs

    An inexpensive inventory would not essentially imply a pretty inventory. The low-cost valuations must be seen with future prospects of the corporate, catalysts for a turnaround and administration high quality. Its balance-sheet may be weak resulting from excessive debt or excessive stock, however are there indications that the administration is working to restore it or seeking to enterprise into new companies to revive the corporate? If not, the penny inventory is prone to stay one.

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  • Spectrum acquisition: Four corporations pay Rs 17,876 crore upfront to DoT

    Bharti Airtel mentioned Wednesday it has paid Rs 8,312.4 crore upfront to the Department of Telecommunications (DoT) in the direction of dues for the spectrum it had acquired within the lately concluded 5G auctions. The telco mentioned it paid dues for 4 years upfront, as it might assist future money flows and its 5G rollout.

    The DoT additionally bought Rs 7,864.7 crore in upfront cost from Reliance Jio, Rs 1,679.98 crore from Vodafone Idea (Vi), and Rs 18.94 crore from Adani Data Networks, an Adani Group arm. As a outcome, it has obtained a complete of Rs 17,876 crore.

    Airtel plans to launch 5G providers this month. Over the final 12 months, it has additionally cleared Rs 24,333.7 crore of deferred spectrum liabilities, the telco mentioned.

    “The company believes that this upfront payment coupled with the moratorium on spectrum dues and AGR (adjusted gross revenue) related payments for four years will free up future cash flows and allow Airtel to dedicate resources to single-mindedly concentrate on the 5G roll out,” a press release by Airtel mentioned. It has tied up with Ericsson, Nokia, and Samsung for community agreements.

    According to DoT’s guidelines for receiving funds from the spectrum auctions, corporations have the choice to pay dues in 20 equated annual instalments. However, telecom operators are additionally free to pay the whole quantity or a part of it upfront, with the minimal period for upfront cost being two years. On August 5, the Department had issued demand notices to all of the 4 corporations to pay up their spectrum funds in 10 days, with Wednesday being the ultimate day.

    India’s largest ever spectrum public sale for 5G airwaves had ended on August 1 with bids upwards of Rs 1.5 lakh crore coming in after seven days of bidding unfold over 40 rounds, belying preliminary expectations that the public sale course of can be wrapped up in beneath three days.

    Jio emerged as the most important spender within the 5G spectrum public sale, buying virtually half of all of the airwaves offered for greater than Rs 88,000 crore, and was additionally the one one to have acquired spectrum within the premium 700 MHz band. Airtel, shelled out Rs 43,084 crore to accumulate a complete of 19.8 GHz of spectrum within the 900 MHz, 1,800 MHz, 2,100 MHz, 3,300 MHz and 26 GHz bands. Vi spent Rs 18,799 crore and bid for sure medium and excessive frequency bands. Adani Data Networks acquired spectrum solely within the 26 GHz band and spent Rs 212 crore.

    In an earnings name final week, Gopal Vittal, MD and CEO, Bharti Airtel had mentioned that the corporate plans to launch 5G providers beginning August and, by 2024, is anticipating to cowl massive components of the nation, together with in rural areas. The firm has ready detailed community roll-out plans for five,000 cities in India, he mentioned.

  • 5G spectrum public sale enters Day 2: Jio could also be lead bidder

    With higher than anticipated Rs 1.45 lakh crore bids coming in on the primary day, the public sale of 5G spectrum entered the second day on Wednesday with the opening of the fifth spherical.

    Firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani in addition to Vodafone Idea are taking part within the e-auction to purchase fifth-generation (5G) airwaves.

    The authorities obtained confirmed spectrum bids value Rs 1.45 lakh crore after the completion of 4 rounds of spectrum bidding on the opening day on Tuesday.

    Analysts stated Ambani’s Reliance Jio often is the most aggressive of these within the race.

    Though particulars of the bids usually are not introduced as but, ICICI Securities stated its evaluation reveals that Jio has doubtless bid for the best spectrum value Rs 80,100 crore, and sure opted for 10MHz spectrum within the premium 700MHz band.

    Bharti Airtel could have bid for spectrum value Rs 45,000 crore, spending 20 per cent greater than anticipated, presumably in 1800MHz and 2100MHz bands.

    Vodafone Idea Ltd has doubtless bid for Rs 18,400 crore for spectrum, whereas Adani Data Networks ought to have picked 26GHz spectrum pan-India, it stated.

    “It seems Adani has purchased 26GHz spectrum in 20 circles (besides in Delhi and Kolkata), and its complete spectrum buy may very well be 3350MHz for Rs 900 crore.

    “Our estimate is provisional data does not reflect the entire purchase by Adani. We believe it should have purchased 200MHz spectrum in all circles except Gujarat where it would have bought 400MHz,” ICICI Securities added.

    Nomura stated on the present total bid worth, the federal government may garner Rs 13,000 crore in upfront funds within the present fiscal and the same quantity yearly over the subsequent 19 years.

    Bids on the opening day had been largely throughout 5G spectrum bands of three.3GHz, 26GHz and 700MHz other than 1800MHz and 2100 MHz spectrum bands as properly. There has additionally been some selective bidding in 900MHz and 2500MHz spectrum bands.

    “The bidding activity across bands has been largely at reserve prices,” Credit Suisse stated.

    According to the end-of-day bidding exercise outcomes, there have been bids for 10MHz spectrum (2 blocks) on a pan-India foundation within the 700MHz band.

    This, Credit Suisse stated, may have been by Jio. “Jio’s high earnest money deposit of Rs 14,000 crore gives it adequate eligibility points to bid for the 700MHz spectrum.” The 5G spectrum presents ultra-high speeds (about 10 instances quicker than 4G), lag-free connectivity, and might allow billions of linked gadgets to share information in real-time.

    In addition to powering ultra-low latency connections, which permit downloading full-length high-quality video or film to a cellular gadget in a matter of seconds (even in crowded areas), 5G would allow options resembling e-health, linked autos, extra immersive augmented actuality and metaverse experiences, life-saving use circumstances, and superior cellular cloud gaming amongst others.

    The authorities expects to allocate the spectrum in file time and 5G companies are anticipated to be rolled out by September.

    Credit Suisse stated the 5G handset ecosystem was nonetheless nascent with penetration of 5-7 per cent of complete smartphones of about 60 crores. “Apart from low penetration, price points for 5G handsets also need to come down – minimum price for a 5G smartphone is Rs 11,000 compared to Rs 6,500-7,000 for a decent 4G smartphone.” On the problem of pricing for shoppers, ICICI Securities stated the spectrum spent by market leaders Jio and Airtel are considerably larger than anticipated, and this might require the business to develop quicker with a purpose to justify such giant investments.

    “This has not been true in most geographies across the globe, and higher spectrum investment has been seen to depress Return on invested capital (ROIC) for the industry. Therefore, we would remain cautious on the higher investments in India telecom,” it added.

  • 5G public sale Day 1: Bids of Rs 1.45L cr; premium 700 MHz band in demand

    The first day of the nation’s largest ever public sale of 5G spectrum noticed bids of round Rs 1.45 lakh crore, together with within the premium 700 MHz band, Union Minister of Communications Ashwini Vaishnaw stated Tuesday. All the 4 candidates — Reliance Jio, Bharti Airtel, Vodafone Idea and an Adani Group subsidiary — “actively” participated within the public sale, he stated.

    The 700 MHz band, which is finest suited to protection in high-density areas, and is good for information networks, had gone unsold in each the earlier spectrum auctions in 2016 and 2021. The band noticed bidding in all 22 circles, and, based on analysts, it acquired bids value round Rs 39,000 crore.

    A complete of 72 GHz of spectrum is up for bidding within the ongoing public sale in numerous high- and low-frequency bands, accounting for a complete of round Rs 4.3 lakh crore. At Rs 1.45 lakh crore, the bids have exceeded expectations, surpassing the federal government’s inner expectations of receiving bids of round Rs 1 lakh crore.

    Some of essentially the most aggressive bidding was performed in Assam, Jammu & Kashmir, and Northeast circles within the 800 MHz bands, Odisha and Uttar Pradesh (East) circles within the 1800 MHz band, Bihar, Haryana, Kerala, West Bengal and Punjab circles within the 2,100 MHz band.

    Vaishnaw stated the public sale noticed wholesome participation on the primary day, including the response exhibits that the trade has turned from its troublesome occasions. He stated the federal government will purpose to allocate spectrum by August 14, and expects 5G companies to begin rolling out by September. The public sale will proceed on Wednesday.

    As per information launched by the Department of Telecommunications (DoT), 4 rounds of bidding happened on Tuesday with mid- and high-end bands seeing eager curiosity. In specific, the three,300 MHz and 26 GHz bands, that are seen as essentially the most appropriate bands for 5G enterprise options, attracted sturdy bids, whereas the 600 MHz band acquired minimal bids.

    As per the public sale course of, it received’t be often known as to which firm bagged what number of airwaves till the completion of the public sale. However, the candidates’ earnest cash deposits (EMDs) submitted to the DoT previous to the bidding may function an indicator concerning the bands that the candidates may very well be seeking to goal.

    Adani Data Networks, a subsidiary of Adani Group, which had submitted an EMD of Rs 100 crore, had earlier clarified it was collaborating within the public sale solely to supply enterprise-level non-public community options for numerous enterprise verticals like airports, ports, energy era, and logistics amongst others. Analysts had predicted the corporate would largely place bids within the excessive frequency 3,300 MHz and 26 GHz millimetre bands.

    Apart from high-speed information connectivity for customers, 5G additionally has the potential to allow plenty of enterprise-level options corresponding to machine-to-machine communications, related autos, and extra immersive augmented actuality and metaverse experiences, amongst others.

    The public sale is being held for spectrum in numerous low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz), mid (3,300 MHz) and excessive (26 GHz) frequency bands. The authorities is not going to acquire any spectrum utilization cost on airwaves auctioned on this spherical, and the requirement for financial institution and monetary ensures has been performed away with.

    Payments for spectrum might be made in 20 equal annual instalments to be paid upfront at first of every 12 months. The bidders can be given an choice to give up the spectrum after 10 years, with no future liabilities with respect to stability instalments.