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Vodafone Idea

From Wikipedia, the free encyclopedia
This article is about the current Indian mobile telecommunications company supported by Vodafone. For the predecessor company, see Vodafone India and Idea Cellular.

Vodafone Idea Limited
Company typePrivate
ISININE669E01016
IndustryTelecommunications
Predecessor
FoundedAugust 31, 2018; 6 years ago (2018-08-31)
Founder
Headquarters
Mumbai
,
India
Area served
India
Key people
[1][2]
Products
RevenueIncrease ₹42,765 crore (US$5.1 billion)[3] (2024)
Increase ₹16,850 crore (US$2.0 billion)[3] (2024)
Decrease ₹−31,238 crore (US$−3.7 billion)[3] (2024)
Total assetsDecrease ₹184,997 crore (US$22 billion)[4] (2024)
Total equityDecrease ₹−104,166 crore (US$−12 billion)[4] (2024)
Owners
Number of employees
Increase16,084 (2024)[5]
Parent
SubsidiariesYOU Broadband (100%)
Websitewww.myvi.in

Vodafone Idea, in acronym Vi, is an Indian telecommunications company, headquartered 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 217.30 million,[9] making it third largest mobile telecommunications network in India and 12th largest mobile telecommunications network in the world.[10]

Vodafone Idea was created on 31 August 2018 by the merger of Vodafone India and Idea Cellular.[11] On 20 September 2020, the two separate brands Vodafone India and Idea Cellular rebranded as Vodafone Idea (Vi).[12][13][14]

History

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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.[15] It was completed on 31 August 2018, and the new entity was named Vodafone Idea.[16][17][10] Under the terms of the deal, the Vodafone Group Plc 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.[10]

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

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Spectrum frequency holding summary

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Vodafone Idea owns spectrum in 868 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3500 MHz and 26 GHz bands across the country.[23]

Telecom circle coverage E-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
Delhi Yes Yes Yes No Yes Yes Yes
Mumbai Yes Yes Yes No Yes Yes Yes
Kolkata Yes Yes Yes No Yes Yes Yes
Andhra Pradesh & Telangana Yes Yes Yes No Yes Yes Yes
Gujarat Yes Yes Yes No Yes Yes Yes
Karnataka Yes Yes Yes No No Yes Yes
Maharashtra & Goa Yes Yes Yes Yes Yes Yes Yes
Tamil Nadu Yes Yes Yes No No Yes Yes
Haryana Yes Yes Yes No Yes Yes Yes
Kerala Yes Yes Yes Yes Yes Yes Yes
Madhya Pradesh & Chhattisgarh Yes Yes Yes Yes Yes Yes Yes
Punjab Yes Yes Yes No Yes Yes Yes
Rajasthan Yes Yes Yes No Yes Yes Yes
Uttar Pradesh (East) Yes Yes Yes No Yes Yes Yes
Uttar Pradesh (West) Yes Yes Yes No Yes Yes Yes
West Bengal Yes Yes Yes No Yes Yes Yes
Assam No Yes Yes No Yes No No
Bihar & Jharkhand No Yes Yes No Yes Yes No
Himachal Pradesh No Yes Yes No Yes No No
Jammu and Kashmir & Ladakh No Yes Yes No Yes No No
North East No Yes Yes No Yes No No
Odisha Yes Yes Yes No Yes No No

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.[24][25]

Network consolidation

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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 Covered No of Villages Covered Coverage area %/km
Haryana[26] 145 6520 99.5%
ROWB[27] 878 37585 97%
Madhya Pradesh & Chhattisgarh[28] 664 53130 60%
Jammu and Kashmir[29] 110 3301
AP & Telangana[30] 391 19700 92.5%
Bihar & Jharkhand[31] 431 43503 79%
HP[32] 59 11929
NESA & Assam[33] 439 17850 41%

Enhanced (4G) coverage details

State No of Towns Covered No of districts Covered No of Villages Covered Population %
Haryana[26] 137 22 76.08%
ROWB[27] 838 27 78%
Madhya Pradesh & Chhattisgarh[28] 633 77 52%
Jammu and Kashmir[29] 48 9 526 23.6%
AP & Telangana[30] 381 23 8500 67%
Bihar & Jharkhand[31] 343 56 19931 45.3%
HP[32] 45 8 6082 43%
NESA & Assam[33] 340 83 4200 70%
Punjab[34] 227 24 10162 90%

Vi Movies & TV

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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).[35]

See also

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Wikimedia Commons has media related to Vodafone Idea.

References

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  1. ^ Livemint (3 August 2022). "Vodafone Idea names Ravinder Takkar as Chairman, Himanshu Kapania to step down". mint. Retrieved 12 September 2022.
  2. ^ "Kumar Mangalam Birla back as non-executive director of Vodafone Idea, 2 years after his exit". moneycontrol.com. 20 April 2023. Retrieved 20 April 2023.
  3. ^ a b c "Vodafone Idea Limited Consolidated Profit & Loss account, Vodafone Idea Limited Financial Statement & Accounts" (PDF). www.bseindia.com. Retrieved 16 May 2024.
  4. ^ a b "Vodafone Idea Limited Consolidated Balance Sheet, Vodafone Idea Limited Financial Statement & Accounts" (PDF). www.moneycontrol.com. Retrieved 16 May 2024.
  5. ^ "Annual Report 2023-24" (PDF). myvi.in. 5 August 2024. Retrieved 6 August 2024.
  6. ^ "Overview | Vodafone Idea Limited". www.vodafoneidea.com. Retrieved 24 July 2019.
  7. ^ "India's Idea Cellular Will Use Nokia's Cloud Core". SDxCentral. Retrieved 4 September 2018.
  8. ^ "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.
  9. ^ "Q4-Report-FY 2023 By Vodafone Idea Limited". 6 August 2020.
  10. ^ a b c "Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015" (PDF). BSE. Retrieved 31 August 2018.[permanent dead link‍]
  11. ^ "VIL Press Release - 31st August.pdf" (PDF). www.vodafoneidea.com. Retrieved 24 July 2019.
  12. ^ "Vodafone Idea re-brands itself 'Vi'". The Indian Express. 7 September 2020. Retrieved 7 September 2020.
  13. ^ "New brand Press Release_Media .pdf" (PDF). www.vodafoneidea.com. Retrieved 3 October 2020.
  14. ^ "Vodafone Idea rebrands itself, to go by brand name Vi". Zee News. 7 September 2020. Retrieved 7 September 2020.
  15. ^ Parbat, Kalyan; Sengupta, Devina (31 August 2018). "NCLT gives go-ahead to Idea-Vodafone merger". The Economic Times. Retrieved 1 September 2018.
  16. ^ Guha, Romit (20 March 2017). "Idea approves merger with Vodafone India, to create India's largest telco". The Economic Times. Retrieved 20 March 2017.
  17. ^ Kurup, Rajesh (20 March 2017). "Idea Cellular board approves merger with Vodafone India; shares tank 9%". The Hindu Business Line. Retrieved 20 March 2017.
  18. ^ "Bharti Airtel, Reliance Jio Add Subscribers In August, Vi Lags". BloombergQuint. 12 November 2020. Retrieved 17 November 2020.
  19. ^ Staff Writer (7 September 2020). "Vodafone and Idea are now 'Vi'". Livemint. Retrieved 7 September 2020.
  20. ^ "Vodafone idea postpaid services consolidated". The Economics time Telecom. Retrieved 22 July 2020.
  21. ^ "Vodafone idea will drop idea brand from postpaid service's". The Economics time. Retrieved 7 February 2020.
  22. ^ "India asks Vodafone Idea to convert nearly $2 bln in govt dues into equity". Reuters. 3 February 2023. Retrieved 26 March 2023.
  23. ^ Pan India Telecom Spectrum holding chart 2022 (updated), Only Tech, 25 March 2020, retrieved 7 October 2022
  24. ^ Idea Cellular 4G Services Now Live in Delhi With Vodafone Network, Telecom Talk, retrieved 15 July 2018
  25. ^ Idea to launch VoLTE in March, inks 4G ICR agreement with Vodafone, ET Telecom, retrieved 15 July 2018
  26. ^ a b www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in Haryana - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  27. ^ a b www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in rest of West Bengal - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  28. ^ a b "Vodafone Idea Successfully Completes Radio Network Consolidation In Madhya Pradesh And Chhattisgarh". Communications Today. 8 March 2019. Retrieved 13 June 2019.
  29. ^ a b "Vodafone Idea completes network integration in J&K". The Economic Times. 2 March 2019. Retrieved 13 June 2019.
  30. ^ a b "Vodafone Idea completes radio network consolidation in AP & Telangana". @businessline. 19 February 2019. Retrieved 13 June 2019.
  31. ^ a b Dua, Priyanka (24 February 2019). "Vodafone Idea radio network integration in Bihar, Jharkhand". Gizbot. Retrieved 13 June 2019.
  32. ^ a b www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in Punjab - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  33. ^ a b www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in NESA & Assam - ET Telecom". ETTelecom.com. Retrieved 4 February 2019.
  34. ^ "Radio Network Consolidation In Punjab" (PDF). Vodafoneidea.com. Retrieved 28 May 2019.
  35. ^ "Vi Movies & TV: Watch Live TV, TV Shows & Movies Online".
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