Vodafone Idea shares climbed almost 7 per cent on the NSE (National Stock Exchnage), as cash strapped network service provider of communication received from DoT (Department of Telecommunication), which waived the requirement to submit the bank gurantee for spectrum acquired via auction 2012,

Vodafone Idea shares rose over 7% after the government waived the need for bank guarantees. This move will help the telco raise further funds and also benefit its vendor Indus Towers. The waiver, which applies to past spectrum auctions,

Vodafone Idea shares rose over 6% on December 30, 2024, after the government waived Rs 24,800 crore in bank guarantees for past spectrum auctions, easing the telecom firm’s financial burden.

Vodafone Idea stock has underperformed the market in the last six months as it has fallen 57 per cent, while slipping 52 per cent in the last one year. In comparison BSE Sensex has fallen 0.56 per cent in the last six months and 8.8 per cent in a year.

Vodafone Idea (Vi) has received a waiver on bank guarantee requirements for spectrum auctions from the Department of Telecommunications. This waiver c

At around 12.51 PM, Vodafone Idea was trading 4.02% higher at ₹7.77, against the previous close of ₹7.47 on NSE. The counter rose to an intraday high of ₹7.99. For feedback and suggestions, write to us at [email protected]

Vodafone Idea Limited (VIL) gets bank guarantee waiver for spectrum auctions from 2012 to 2021, freeing up investments.

The shares of Vodafone Idea experienced a jump in Mondays intraday trading, surging by 7% to reach Rs 8 apiece on the BSE. The uptick followed the announcement that the Department of Telecommunications (DoT) had waived the requirement for financial bank guarantees (FBGs) for spectrum acquired in auctions held in 2012,