Vodafone Idea Limited
V!
Company typePrivate
IndustryTelecommunications
Founded31 August 2018; 5 years ago (2018-08-31)
FounderVodafone
Idea
HeadquartersMumbai (Corp.)[1][2]
Gandhinagar (Reg.)
Key people
[3][4]
Products
RevenueIncrease 42,488 crore (US$5.3 billion)[5] (2023)
Increase 16,817 crore (US$2.1 billion)[5] (2023)
Decrease −29,301 crore (US$−3.7 billion)[5] (2023)
Total assetsIncrease 207,242 crore (US$26 billion)[6] (2023)
Total equityDecrease −74,359 crore (US$−9.3 billion)[6] (2023)
Owners
Number of employees
9226 (2023)[7]
SubsidiariesYOU Broadband
Websitemyvi.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, 4G, LTE Advanced, VoLTE, 5G 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]

History

In March 2017, it was announced that Idea Cellular and Vodafone India 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 coverage E-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 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 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

State No of Towns Covered No of Villages Covered Coverage area %/km
Haryana[27] 145 6520 99.5%
ROWB[28] 878 37585 97%
Madhya Pradesh & Chhattisgarh[29] 664 53130 60%
Jammu and Kashmir[30] 110 3301
AP & Telangana[31] 391 19700 92.5%
Bihar & Jharkhand[32] 431 43503 79%
HP[33] 59 11929
NESA & Assam[34] 439 17850 41%

Enhanced LTE (4G) coverage details

State No of Towns Covered No of districts Covered No of Villages Covered Population %
Haryana[27] 137 22 76.08%
ROWB[28] 838 27 78%
Madhya Pradesh & Chhattisgarh[29] 633 77 52%
Jammu and Kashmir[30] 48 9 526 23.6%
AP & Telangana[31] 381 23 8500 67%
Bihar & Jharkhand[32] 343 56 19931 45.3%
HP[33] 45 8 6082 43%
NESA & Assam[34] 340 83 4200 70%
Punjab[35] 227 24 10162 90%

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. ^ "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. ^ a b c "Vodafone Idea Limited Consolidated Profit & Loss account, Vodafone Idea Limited Financial Statement & Accounts" (PDF). www.bseindia.com. Retrieved 25 May 2023.
  6. ^ a b "Vodafone Idea Limited Consolidated Balance Sheet, Vodafone Idea Limited Financial Statement & Accounts" (PDF). www.moneycontrol.com. Retrieved 25 May 2023.
  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. ^ a b c "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. ^ "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. 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, 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. ^ a b www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in Haryana - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  28. ^ a b www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in rest of West Bengal - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  29. ^ a b "Vodafone Idea Successfully Completes Radio Network Consolidation In Madhya Pradesh And Chhattisgarh". Communications Today. 8 March 2019. Retrieved 13 June 2019.
  30. ^ a b "Vodafone Idea completes network integration in J&K". The Economic Times. 2 March 2019. Retrieved 13 June 2019.
  31. ^ a b "Vodafone Idea completes radio network consolidation in AP & Telangana". @businessline. 19 February 2019. Retrieved 13 June 2019.
  32. ^ a b Dua, Priyanka (24 February 2019). "Vodafone Idea radio network integration in Bihar, Jharkhand". Gizbot. Retrieved 13 June 2019.
  33. ^ a b www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in Punjab - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  34. ^ a b 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. ^ https://www.myvi.in/vi-movies-and-tv