Vodafone Idea

Vi Wins ₹1600 Cr Refund From The Supreme Court

Vi Wins ₹1600 Cr Refund From The Supreme Court

On Monday, January 20, 2025, the Supreme Court validated the Bombay High Court’s November 2023 decision ordering the Revenue Department to refund ₹1,128 crore to Vodafone Idea (Vi). Along with interest, the Revenue Department is directed to pay a ₹1600 crore refund.  This case concerns Vodafone Idea’s claim for a refund of its payment after…

5G Spectrum Auction Kicks Off with Rs.11,340 Cr. Bids

5G Spectrum Auction Kicks Off with Rs.11,340 Cr. Bids

The Indian Government announced a significant boost to its coffers, earning around Rs. 11,340 crores from the 2024 auction of 5G spectrum. This year’s auction witnessed active participation in 900MHz, 1800MHz, 2100MHz, and 2500MHz bands, further underlining the economic significance of the event. As per the Indian ministry, “The unsold spectrum will again be put…

Countdown to 5G: Spectrum Auction Kicks Off on June 25th

Countdown to 5G: Spectrum Auction Kicks Off on June 25th

The government’s decision to reopen the auction for the 5G spectrum, valued at a staggering 96,000 crores, on June 25th is a significant event for the telecom industry. Major players like Reliance Jio, Bharti Airtel, and Vodafone Idea have already begun submitting their bids for crucial radio frequencies that will be the backbone of their…

Airtel Appreciates Government For Allocating 5G Spectrum

Airtel Appreciates Government For Allocating 5G Spectrum

Airtel Founder and Chairman Sunil Bharti Mittal have appreciated the government for allocating 5G Spectrum within a few hours of the initial payment.   “No Fuss, No Follow Up, No running around the corridors and No tall claims. This is the ease of doing business at work in its full glory,” Mr Mittal said on Thursday….

5G Spectrum Sees Record-breaking Sales Of 1.45 Lakh Cr. On First Day

5G Spectrum Sees Record-breaking Sales Of 1.45 Lakh Cr. On First Day

The government saw record-breaking sales of 1.45 lakh crore on Tuesday, the first day of the 5G spectrum auction. This amount is much higher than sales in 2015 of 1.1 lakh crore. The highly desired high-speed network is expected to roll over in top cities in India from September-October.  The auction for the 5G spectrum…