Discover and read the best of Twitter Threads about #VI

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📢Vodafone Idea to convert AGR dues worth ₹16,133 Cr into equity.

Govt is now the largest shareholder in #VI with ~33% stake.

Share conversion is at Rs 10:
35% premium to CMP📈

Let's decode:
🔶 Background AGR & the ruling
🔶 Impact on Telcos
🔶 VI's Future

A thread🧵👇
Let's start with a statistic:

While losses of #VI increased from ₹4,168 Cr in Mar'18 to ₹28,245 Cr in Mar'22

The count of 'Individual' shareholders in VI increased over 9x:

🔶Dec'18: 3.15L
🔶Dec'19: 5.36L
🔶Dec'20: 12.82L
🔶Dec'21: 21.29L
🔶Dec'22: 29.49L

Source: BSE
So what are AGR dues?

AGR dues is the duty that Telecom cos. are required to pay to Govt. as %age of their "Adjusted' Gross Revenue"

It consists of:
🔶 License Fee (LF): 8%
🔶 Spectrum Usage Charges: 3-5%

This Govt would charge 11-13% of AGR from telcos

An illustration👇
Read 15 tweets
[5:05PM] #Vi #TrafficUpdate
Movement is slightly busy from McWen brigbe inward BONNY CAMP, alternation ongoing at Bonny camp intersection.
AHMADU BELLO WAY is good but slow at ODEKU intersection due to alternation.
EKO ATLANTIC inw EKO HOTEL is good but busy within the...
...corridor due to commercial activities and alternation points.
Moving inner part of VI is still good except at alternation points and same traffic situation applicable to the return journey for now. BONNY CAMP linking OZUMBA MBADIWE WAY is moving but slow at alternation points.
ONIRU Sandfill thru TOLL GATE to LEKKI intersection is busy.
Onward MARWA is good, but busy at the intersection due to alternation while same traffic situation applicable all thru to BONNY CAMP.
Read 4 tweets
[7:05AM] #Vi #TrafficReport
Movement from McWen brigbe inw BONNY CAMP is gd but slow at Bonny Camp due to alternation.
AHMADU BELLO WAY is gd, slow at ODEKU intersection alternation point. EKO ATLANTIC to EKO HOTEL is gd but slow approaching EKO HOTEL r/abt due to...
...commercial activities and alternation.
ADEMOLA ADETOKUNBO to link CIVIC CENTER is gd, while AJOSE ADEOGUN thru LIGALI AYORINDE, WATER CORPORATION in and out is very calm. Same traffic situation applicable to the return journey back to BONNY CAMP.
From BONNY CAMP thru OZUMBA MBADIWE WAY is gd, but slow at alternation points like KILIMANJARO, AKIN ADESHOLA, LAW SCHOOL and CIVIC CENTER.
ONIRU is busy, while TOLL GATE linking LEKKI is gd, but slow at intersection due to alternation.
Movement inward MARWA is good.
Read 4 tweets
A mega thread of threads 🧵of business / industry events we have covered so far..!! (Will be contiguously updating as and when)

Events means something of significant nature have strong impact on Co / Sector

Like Retweet Follow Share if you find valuable

#investing #StockMarket
A quick thread 🧵on Single Use Plastic Ban starting from July-22.

What it means for packaging & paper sectors?
Whether its threat or opportunity?

Read 12 tweets
Avui us tornaré a d’una peça que ja us vaig presentar a alguns de vosaltres fa més d’un any i que, com ja us vaig dir llavors, em té el cor robat. Des de fa mooooolt de temps.

És aquesta de la foto. Una peça arqueològica única al nostre país.

(protorecycledphil 🧵⬇️) Image
Aquí teniu una altra imatge de la mateixa peça, amb més perspectiva. Image
I en aquesta foto, la veieu de cul. Efectivament: són perforacions. Concretament, 181 orificis. Image
Read 24 tweets

Vodafone Idea to be a Government-owned company now!

The Board approves conversion of AGR and spectrum liabilities into Equity! This will lead to a huge dilution for all shareholders!
Offers 35% stake to Govt at 10 Rs Valuation

The government will be 35.8% , Vodafone will hold 28.5% and Birla Group will hold 17.5% stake

Deal is subject to Govt Approval
Considering Equity Dilution and stake sale to Govt (means they don't have other investors to invest) : its negative for the company in longer term

While another problem is What If govt dont accept the conversion and equity stake
Read 8 tweets
Een gedeelte van de zeer gevaarlijke misinformatie van de #oranjezomer ontkrachten. Niet alles, want daar heb je een dagtaak aan.

René van der #Gijp: “Dan gaan we ons nu drukmaken om die twintigers[die besmet raken met Sars-CoV-2]. Laat gaan.”👇 @wilfredgenee #veronicainside #VI
Johan #Derksen: “Je hebt programma’s dat is al een unicum, dat er een blanke aan tafel zit.”

Insinuerend dat er bij de NPO heel veel mensen van kleur op tv komen en witte mensen in de verdrukking komen.Allemaal feitelijke onzin. Mensen van kleur zijn zwaar ondervertegenwoordigd. Image
Read 4 tweets
#Vodaidea | #VodafoneIdea rebrands as #Vi as it gears up for its second innings…

By @jainrounak Image
#vodafoneidea today announced that it is rebranding itself as Vi, two years after the two telecom companies merged. The company has been maintaining two brands for the last two years, finally completing the integration now.

The new #Vi branding has gone live already, with the company launching a new website and rebranded apps. Our sources tell us that the new design has also been spotted in a few retail outlets in a few cities already.

#vodafoneidea #VIL #Vodaidea
Read 6 tweets
1/ This @nytopinion claim that chief justice can unilaterally issue subpoena for witnesses seems a weak reading of impeachment rules. Authors overlook critical rule (#VI) that states "The Senate shall have power to compel the attendance of witnesses..."…
@nytopinion 2/ Granted, Senate impeachment rules can be ambiguous if you line up all the rules that touch on orders, writs, witnesses, etc. But ambiguity is often baked into Senate rules. They don't foresee every application, and Sen majority is ultimate interpreter of meaning of its rules.
@nytopinion 3/ The presiding officer (here, the chief justice) isn't endowed with great parliamentary powers during impeachment trials. The role is to execute decisions of the Senate. And-- as with the Senate generally-- a Senate majority is the ultimate arbiter of procedural questions.
Read 4 tweets

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