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Vodafone Idea

Vodafone Idea

Indian telecommunications company


Vodafone Idea or Vi (stylised as V!) is an Indian mobile network operator with its headquarters based in Mumbai and Gandhinagar.[8][9] It is an all-India integrated GSM operator offering 2G, 3G, 4G, LTE Advanced, VoLTE, and VoWiFi service.[10] As of 31 September 2023, Vi has a subscriber base of 219.8 million,[11] making it third largest mobile telecommunications network in India and 11th largest mobile telecommunications network in the world.[12] 'Vodafone Idea Limited' was created on 31 August 2018 by the merger of Vodafone India and Idea Cellular. In 2020, the two separate brands Vodafone and Idea rebranded as Vi. [13][14][15]

Quick Facts Trade name, Company type ...

History

In March 2017, it was announced that Vodafone India and Idea Cellular would merge. The merger got approval from the Department of Telecommunications in July 2018. On 30 August 2018, National Company Law Tribunal gave the final nod to the Vodafone-Idea merger[16] It was completed on 31 August 2018, and the new entity was named Vodafone Idea Limited.[17][18][12] Under the terms of the deal, the Vodafone Group held a 45.2% stake in the combined entity, the Aditya Birla Group held 26% and the remaining shares were to be held by the public.[12]

Vi lost a significant number of gross and active subscribers in the month of August 2020.[19]

Until 7 September 2020, Vodafone Idea Limited operated two separate brands:[20] Vodafone and Idea who both operated pre-paid and post-paid GSM service.[21][22]

On 3 February 2023, the Government of India ordered the company to convert its interest dues worth 161.33 billion Indian Rupees ($1.96 billion) to equity at the rate of 10 rupees per share face value (well over then market value ~8.5), thus making the government the single biggest shareholder in the company.[23]

Network

Spectrum frequency holding summary

Vi owns spectrum in 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3500 MHz and 26 GHz bands across the country.[24]

This table contains Vi (Vodafone & Idea) radio frequency details because they had integrated their networks with each other and using one anchor network for both brands in all respective telecom circles. For example, Idea has started 4G services in Delhi and Kolkata telecom circle from May 2018 where the Vodafone is anchor network vice versa Vodafone has Started 4G services in Madhya Pradesh & Chhattisgarh, Bihar & Jharkhand, Andhra Pradesh & Telangana, Himachal Pradesh and Jammu and Kashmir telecom Circle's where Idea is Anchor network.[25][26]

Network consolidation

By March 2019, Vi announced its network consolidation across major circles, easing network issues faced by consumers and also enhancing its 4G coverage. Announcements of Network Consolidation were made as below:

Enhanced Unified (2G, 3G, and 4G) coverage details

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Enhanced LTE (4G) coverage details

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Vi Movies & TV

As of September 2023, Vi Movies & TV app is currently available for Vi subscribers on Android (above Android 5.1) and iOS devices (10.0 and above versions).[36]

See also


References

  1. investor-relations, Vodafone Idea Limited
  2. investor support, Vodafone Idea Limited
  3. Livemint (3 August 2022). "Vodafone Idea names Ravinder Takkar as Chairman, Himanshu Kapania to step down". mint. Retrieved 12 September 2022.
  4. "Annual Report 2022-23" (PDF). myvi.in. 16 August 2023. Retrieved 21 August 2023.
  5. "India's Idea Cellular Will Use Nokia's Cloud Core". SDxCentral. Retrieved 4 September 2018.
  6. "Vodafone Mini Stores in Mumbai Will Now Facilitate Tata Power Bill Payments via M-Pesa e-wallet - MySmartPrice News". MySmartPrice. 8 August 2018. Archived from the original on 4 September 2018. Retrieved 4 September 2018.
  7. "Vodafone Idea re-brands itself 'Vi'". The Indian Express. 7 September 2020. Retrieved 7 September 2020.
  8. Vodafone Idea Limited, Vi. "Vodafone and Idea brands are now "Vi"" (PDF).
  9. "Vodafone Idea rebrands itself, to go by brand name Vi". Zee News. 7 September 2020. Retrieved 7 September 2020.
  10. Parbat, Kalyan; Sengupta, Devina (31 August 2018). "NCLT gives go-ahead to Idea-Vodafone merger". The Economic Times. Retrieved 1 September 2018.
  11. Guha, Romit (20 March 2017). "Idea approves merger with Vodafone India, to create India's largest telco". The Economic Times. Retrieved 20 March 2017.
  12. Kurup, Rajesh (20 March 2017). "Idea Cellular board approves merger with Vodafone India; shares tank 9%". The Hindu Business Line. Retrieved 20 March 2017.
  13. "Bharti Airtel, Reliance Jio Add Subscribers In August, Vi Lags". BloombergQuint. 12 November 2020. Retrieved 17 November 2020.
  14. Staff Writer (7 September 2020). "Vodafone and Idea are now 'Vi'". Livemint. Retrieved 7 September 2020.
  15. "Vodafone idea postpaid services consolidated". The Economics time Telecom. Retrieved 22 July 2020.
  16. "Vodafone idea will drop idea brand from postpaid service's". The Economics time. Retrieved 7 February 2020.
  17. Pan India Telecom Spectrum holding chart 2022 (updated), Only Tech, 25 March 2020, retrieved 7 October 2022
  18. www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in Haryana - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  19. "Vodafone Idea completes network integration in J&K". The Economic Times. 2 March 2019. Retrieved 13 June 2019.
  20. "Vodafone Idea completes radio network consolidation in AP & Telangana". @businessline. 19 February 2019. Retrieved 13 June 2019.
  21. Dua, Priyanka (24 February 2019). "Vodafone Idea radio network integration in Bihar, Jharkhand". Gizbot. Retrieved 13 June 2019.
  22. www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in Punjab - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  23. www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in NESA & Assam - ET Telecom". ETTelecom.com. Retrieved 4 February 2019.
  24. "Radio Network Consolidation In Punjab" (PDF). Vodafoneidea.com. Retrieved 28 May 2019.

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