Vodafone Idea

Last updated

Vodafone Idea Limited
Vi
Company typePrivate
Industry Telecommunications
Founded31 August 2018;5 years ago (2018-08-31)
Founder Vodafone
Idea
Headquarters Mumbai (Corp.) [1] [2]
Gandhinagar (Reg.)
Key people
[3] [4]
Products
RevenueIncrease2.svg₹42,765 crore (US$5.4 billion) [5]  (2024)
Increase2.svg₹16,850 crore (US$2.1 billion) [5]  (2024)
Decrease2.svg₹−31,238 crore (US$−3.9 billion) [5]  (2024)
Total assets Decrease2.svg₹184,997 crore (US$23 billion) [6]  (2024)
Total equity Decrease2.svg₹−104,166 crore (US$−13 billion) [6]  (2024)
Owners
Number of employees
15,604 (2023) [7]
Subsidiaries YOU Broadband
Website myvi.in

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]

Contents

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]

Telecom circle coverageE-GSM/ FD-LTE
900MHz
Band 8 		GSM / FD-LTE
1800MHz
Band 3 		UMTS / FD-LTE
2100MHz
Band 1 		TD-LTE
2300MHz
Band 40 		TD-LTE
2500MHz
Band 41 		TD-NR
3500MHz
Band n78 		TD-NR
26GHz
Band n258
Delhi Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Mumbai Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Kolkata Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Andhra Pradesh & Telangana Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Gujarat Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Karnataka Yes check.svgYes check.svgYes check.svgDark Red x.svgDark Red x.svgYes check.svgYes check.svg
Maharashtra & Goa Yes check.svgYes check.svgYes check.svgYes check.svgYes check.svgYes check.svgYes check.svg
Tamil Nadu Yes check.svgYes check.svgYes check.svgDark Red x.svgDark Red x.svgYes check.svgYes check.svg
Haryana Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Kerala Yes check.svgYes check.svgYes check.svgYes check.svgYes check.svgYes check.svgYes check.svg
Madhya Pradesh & Chhattisgarh Yes check.svgYes check.svgYes check.svgYes check.svgYes check.svgYes check.svgYes check.svg
Punjab Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Rajasthan Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Uttar Pradesh (East) Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Uttar Pradesh (West) Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
West Bengal Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgYes check.svg
Assam Dark Red x.svgYes check.svgYes check.svgDark Red x.svgYes check.svgDark Red x.svgDark Red x.svg
Bihar & Jharkhand Dark Red x.svgYes check.svgYes check.svgDark Red x.svgYes check.svgYes check.svgDark Red x.svg
Himachal Pradesh Dark Red x.svgYes check.svgYes check.svgDark Red x.svgYes check.svgDark Red x.svgDark Red x.svg
Jammu and Kashmir & Ladakh Dark Red x.svgYes check.svgYes check.svgDark Red x.svgYes check.svgDark Red x.svgDark Red x.svg
North East Dark Red x.svgYes check.svgYes check.svgDark Red x.svgYes check.svgDark Red x.svgDark Red x.svg
Odisha Yes check.svgYes check.svgYes check.svgDark Red x.svgYes check.svgDark Red x.svgDark Red x.svg

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

StateNo of Towns CoveredNo of Villages CoveredCoverage area %/km
Haryana [27] 145652099.5%
ROWB [28] 8783758597%
Madhya Pradesh & Chhattisgarh [29] 6645313060%
Jammu and Kashmir [30] 1103301
AP & Telangana [31] 3911970092.5%
Bihar & Jharkhand [32] 4314350379%
HP [33] 5911929
NESA & Assam [34] 4391785041%

Enhanced LTE (4G) coverage details

StateNo of Towns CoveredNo of districts CoveredNo of Villages CoveredPopulation %
Haryana [27] 1372276.08%
ROWB [28] 8382778%
Madhya Pradesh & Chhattisgarh [29] 6337752%
Jammu and Kashmir [30] 48952623.6%
AP & Telangana [31] 38123850067%
Bihar & Jharkhand [32] 343561993145.3%
HP [33] 458608243%
NESA & Assam [34] 34083420070%
Punjab [35] 227241016290%

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

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