Vodafone Idea Explained

Vodafone Idea Limited
Type:Private
Area Served:India
Key People:[1] [2]
Hq Location City:Mumbai
Hq Location Country:India
Isin:INE669E01016
Industry:Telecommunications
Revenue: [3]
Revenue Year:2024
Income Year:2024
Net Income Year:2024
Assets: [4]
Assets Year:2024
Subsid:YOU Broadband (100%)
Equity Year:2024
Num Employees:16,084 (2024)[5]

Vodafone Idea, in acronym Vi, is an Indian telecommunications company with its headquarters based in Mumbai and Gandhinagar.[6] [7] [8] It is an all-India integrated GSM operator offering mobile telephony services.

As of 30 April 2024, Vi has a subscriber base of 219.08 million,[9] making it third largest mobile telecommunications network in India and 12th largest mobile telecommunications network in the world.

Vodafone Idea was created on 31 August 2018 by the merger of Vodafone India and Idea Cellular.[10] On 20 September 2020, the two separate brands Vodafone India and Idea Cellular rebranded as Vodafone Idea (Vi).[11] [12] [13]

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.[14] It was completed on 31 August 2018, and the new entity was named Vodafone Idea.[15] [16] [17] 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.

Vodafone Idea lost a significant number of gross and active subscribers in the month of August 2020.[18]

Until 7 September 2020, Vodafone Idea operated two separate brands:[19] Vodafone India and Idea Cellular who both operated pre-paid and post-paid GSM service.[20] [21]

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.[22]

Network

Spectrum frequency holding summary

Vodafone Idea owns spectrum in 868 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3500 MHz and 26 GHz bands across the country.

Telecom circle coverageE-GSM/ LTE-FDD
900MHz
Band 8
GSM / LTE-FDD
1800MHz
Band 3
UMTS / LTE-FDD
2100MHz
Band 1
LTE-FDD
2300MHz
Band 40
TD-LTE
2500MHz
Band 41
NR-TDD
3500MHz
Band n78
NR-TDD
26GHz
Band n258
Tamil Nadu
Uttar Pradesh (East)

This table contains 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.

Network consolidation

By March 2019, Vodafone Idea 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

State No of Towns CoveredNo of Villages CoveredCoverage area %/km
Haryana[23] 145652099.5%
ROWB[24] 8783758597%
Madhya Pradesh & Chhattisgarh[25] 6645313060%
Jammu and Kashmir[26] 1103301
AP & Telangana[27] 3911970092.5%
Bihar & Jharkhand[28] 4314350379%
HP[29] 5911929
NESA & Assam[30] 4391785041%

Enhanced (4G) coverage details

State No of Towns CoveredNo of districts CoveredNo of Villages CoveredPopulation %
Haryana1372276.08%
ROWB8382778%
Madhya Pradesh & Chhattisgarh6337752%
Jammu and Kashmir48952623.6%
AP & Telangana38123850067%
Bihar & Jharkhand343561993145.3%
HP458608243%
NESA & Assam34083420070%
Punjab[31] 227241016290%

Vi Movies & TV

As of September 2023, Vi Movies & TVĀ app is currently available for Vi subscribers on Android (above Android 5.1) and iOS devices (10.0 and above versions).[32]

See also

Notes and References

  1. Web site: Livemint . 2022-08-03 . Vodafone Idea names Ravinder Takkar as Chairman, Himanshu Kapania to step down . 2022-09-12 . mint . en.
  2. Web site: Kumar Mangalam Birla back as non-executive director of Vodafone Idea, 2 years after his exit . moneycontrol.com . 20 April 2023 . 20 April 2023.
  3. Web site: Vodafone Idea Limited Consolidated Profit & Loss account, Vodafone Idea Limited Financial Statement & Accounts. 2024-05-16. www.bseindia.com. en.
  4. Web site: Vodafone Idea Limited Consolidated Balance Sheet, Vodafone Idea Limited Financial Statement & Accounts. 2024-05-16. www.moneycontrol.com. en.
  5. Web site: Annual Report 2023-24 . myvi.in . August 5, 2024 . 2024-08-06.
  6. Web site: Overview Vodafone Idea Limited . 2019-07-24 . www.vodafoneidea.com . en.
  7. News: India's Idea Cellular Will Use Nokia's Cloud Core. SDxCentral. 4 September 2018. en-US.
  8. News: Vodafone Mini Stores in Mumbai Will Now Facilitate Tata Power Bill Payments via M-Pesa e-wallet - MySmartPrice News. 8 August 2018. MySmartPrice. 4 September 2018. en-US. 4 September 2018. https://web.archive.org/web/20180904160831/https://www.mysmartprice.com/gear/2018/08/08/vodafone-mini-stores-mumbai-will-now-facilitate-tata-power-bill-payments-via-m-pesa-e-wallet/. dead.
  9. Web site: 6 August 2020. Q4-Report-FY 2023 By Vodafone Idea Limited.
  10. Web site: VIL Press Release - 31st August.pdf . 2019-07-24 . www.vodafoneidea.com . en . PDF.
  11. Web site: 2020-09-07. Vodafone Idea re-brands itself 'Vi'. 2020-09-07. The Indian Express. en.
  12. Web site: New brand Press Release_Media .pdf . 2020-10-03 . www.vodafoneidea.com . en . PDF.
  13. Web site: 2020-09-07. Vodafone Idea rebrands itself, to go by brand name Vi. 2020-09-07. Zee News. en.
  14. News: NCLT gives go-ahead to Idea-Vodafone merger . Parbat . Kalyan . 31 August 2018 . The Economic Times . 1 September 2018 . Sengupta . Devina.
  15. News: Idea approves merger with Vodafone India, to create India's largest telco. The Economic Times. 20 March 2017 . 20 March 2017 . Guha . Romit .
  16. Web site: Kurup. Rajesh. Idea Cellular board approves merger with Vodafone India; shares tank 9%. The Hindu Business Line. 20 March 2017. en. 20 March 2017.
  17. Web site: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 . BSE . 31 August 2018 .
  18. Web site: Bharti Airtel, Reliance Jio Add Subscribers In August, Vi Lags. 2020-11-17. BloombergQuint. 12 November 2020 . en.
  19. Web site: Staff Writer. 2020-09-07. Vodafone and Idea are now 'Vi'. 2020-09-07. Livemint. en.
  20. News: Vodafone idea postpaid services consolidated. The Economics time Telecom. 22 July 2020.
  21. News: Vodafone idea will drop idea brand from postpaid service's. The Economics time. 7 February 2020.
  22. News: 2023-02-03 . India asks Vodafone Idea to convert nearly $2 bln in govt dues into equity . en . Reuters . 2023-03-26.
  23. Web site: Vodafone Idea completes radio network consolidation in Haryana - ET Telecom. www.ETTelecom.com. ETTelecom.com. en. 13 June 2019.
  24. Web site: Vodafone Idea completes radio network consolidation in rest of West Bengal - ET Telecom. www.ETTelecom.com. ETTelecom.com. en. 13 June 2019.
  25. Web site: Vodafone Idea Successfully Completes Radio Network Consolidation In Madhya Pradesh And Chhattisgarh. Communications Today. 8 March 2019 . en-US. 13 June 2019.
  26. News: Vodafone Idea completes network integration in J&K. 2 March 2019. The Economic Times. 13 June 2019.
  27. Web site: Vodafone Idea completes radio network consolidation in AP & Telangana. @businessline. 19 February 2019 . en. 13 June 2019.
  28. Web site: Vodafone Idea radio network integration in Bihar, Jharkhand. Dua. Priyanka. 24 February 2019. Gizbot. en. 13 June 2019.
  29. Web site: Vodafone Idea completes radio network consolidation in Punjab - ET Telecom. www.ETTelecom.com. ETTelecom.com. en. 13 June 2019.
  30. Web site: Vodafone Idea completes radio network consolidation in NESA & Assam - ET Telecom. www.ETTelecom.com. ETTelecom.com. en. 4 February 2019.
  31. Web site: Radio Network Consolidation In Punjab. Vodafoneidea.com. en-US. 28 May 2019.
  32. Web site: Vi Movies & TV: Watch Live TV, TV Shows & Movies Online .