What Is The Future Of Vodafone?

Has Vodafone merged idea?

On 31 August 2018, Vodafone India merged with Idea Cellular, to form a new entity named Vodafone Idea Limited.

Kumar Mangalam Birla heads the merged company as the Chairman..

What is the future of Vodafone idea?

Jio, Airtel and Vodafone have in the past two months revamped some of their existing tariff plans and introduced new ones. In December 2019, a 25 percent rise in tariffs resulted in a 20 percent rise in Ebitda for Vodafone Idea. Hence, just huge price hikes will not be the only solution for the company.

Is it a good time to invest in Vodafone?

As more investors focus on penny stocks, Vodafone has turned out to be an eye catcher, with prices trading near Rs 10. In today’s trade, the stock has hit another fresh 52-week high of Rs 13.45 and closed at Rs 12.30 on BSE, rising 2.4%. … Under the top BSE 200 scrips, Vodafone’s shares have risen 21% MoM.

Is Vodafone idea a good buy?

Top Stocks To Buy – Vodafone Idea The company will also be holding a meeting on the fund raising issue today. This stock is trading at Rs 12. Their ARPU (Average Revenue Per User) is also likely to go up by Rs 100 in the next 12-18 months.

Who will take over Vodafone idea?

Aditya Birla GroupVodafone and the Aditya Birla Group will have a joint control of this combined company. Once you combine the Vodafone and idea customers, the merged entity could be the biggest telecom company in India. It would have nearly 40 crore customers, 35% customer market share and 41% revenue market share.

Can Vodafone idea survive?

Oza believes Vodafone will survive. “It is unlikely that the company will go bust, as it is in the interest of the government to continue with three players in the market, considering the huge amount of dues Vodafone Idea owes to it in adjusted gross revenue (AGR) dues and in spectrum charges,” he said.

Which share is best to buy now?

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Is Vodafone going to be shut down?

It is unlikely that Vodafone Idea will shut down, as in the worst case scenario, they can move NCLT for a resolution.”

Is Google investing in Vodafone?

Global technology giant Google is in talks to buy a 5 per cent stake in Vodafone Idea, owned by Vodafone Plc of the UK and Aditya Birla Group. The move comes about a month after Google’s biggest rival, Facebook, picked up a 9.99 per cent stake in Reliance Industries’ (RIL’s) Jio Platforms for Rs 43,574 crore.

Will Amazon invest in Vodafone idea?

More From Our Partners. BENGALURU: U.S. wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in India’s Vodafone Idea Ltd , the Mint newspaper reported on Thursday, sending shares in the struggling Indian telecom firm up as much as 14%.

Why is Vodafone Idea stocks going up?

Vodafone Idea share price rose almost 10% in Friday’s early trade after the telecom major announced that it has sold its 11.15% stake in Indus Towers for Rs 3,760 crore.