Vodafone Idea: Difference between revisions

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{{short description|Indian telecommunications company}}
{{Short description|Indian telecommunications company}}
{{About|the current Indian mobile telecommunications company supported by Vodafone|the predecessor company|Vodafone India| and|Idea Cellular}}
{{About|the current Indian mobile telecommunications company supported by [[Vodafone]]|the predecessor company|Vodafone India| and|Idea Cellular}}
{{Use dmy dates|date=September 2020}}
{{Use dmy dates|date=September 2020}}
{{Use Indian English|date=September 2020}}
{{Use Indian English|date=September 2020}}
{{Infobox company
{{Infobox company
| name = Vodafone Idea
| name = Vodafone Idea
| trade_name = Vi
| logo = Vodafone Idea logo.svg
| logo = Vodafone Idea logo.svg
| logo_size = 250px
| logo_size =  
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{ubl|{{BSE|532822}}|{{NSE|IDEA}}}}
| traded_as = {{ubl
|{{BSE|532822}}
|{{NSE|IDEA}}
}}
| predecessor = {{ubl
|[[Vodafone India]]
|[[Idea Cellular]]
}}
| foundation = {{Start date and age|df=y|2018|08|31}}
| founders =
| area_served = India
| key_people = {{ubl
|Ravinder Takkar<br>{{small|([[Chairman]])}}
|Abhijit Kishore<br>{{small|([[Chief executive officer|CEO]])}}
|[[Kumar Mangalam Birla]]<br>{{small|([[Non-executive director]])}}
}}<ref>{{Cite web |last=Livemint |date=2022-08-03 |title=Vodafone Idea names Ravinder Takkar as Chairman, Himanshu Kapania to step down |url=https://www.livemint.com/companies/news/vodafone-idea-names-ravinder-takkar-as-chairman-himanshu-kapania-to-step-down-11659536266159.html |access-date=2022-09-12 |website=mint |language=en}}</ref><ref>{{Cite web |url=https://www.moneycontrol.com/europe/?url=https://www.moneycontrol.com/news/telecom/kk-maheshwari-quits-as-vodafone-ideas-non-executive-director-10446991.html |title=Kumar Mangalam Birla back as non-executive director of Vodafone Idea, 2 years after his exit |website=moneycontrol.com |date=20 April 2023 |access-date=20 April 2023}}</ref>
| hq_location_city = [[Gandhinagar]]
| hq_location_country = [[India]]
| ISIN = INE669E01016
| ISIN = INE669E01016
| foundation = {{Start date and age|df=y|2018|08|31}}
| industry = [[Telecommunications industry|Telecommunications]]
| predecessors = {{Plainlist|
| products = {{ubl
* [[Vodafone India]]
||[[Mobile telephony]]
* [[Idea Cellular]]<ref>{{cite news |url=https://telecomtalk.info/vodafone-idea-successfully-merged-network-within-five-months/186816/ |title= Vodafone India and Idea Cellular successfully merged
|[[Wireless broadband]]
|publisher=Telecom Talk |date=14 November 2018 |access-date=9 July 2019 }}</ref> }}
|[[Internet service provider|Internet]]
| key_people = {{ubl|Ravinder Takkar <br>{{small|([[Chairperson|Chairman]])}}|Akshaya Moondra  <br>{{small|([[Chief Executive Officer|CEO]])}}
}}
|[[Kumar Mangalam Birla]] <br>{{small|([[Non-Executive Director]])}}}}<ref>{{Cite web |last=Livemint |date=2022-08-03 |title=Vodafone Idea names Ravinder Takkar as Chairman, Himanshu Kapania to step down |url=https://www.livemint.com/companies/news/vodafone-idea-names-ravinder-takkar-as-chairman-himanshu-kapania-to-step-down-11659536266159.html |access-date=2022-09-12 |website=mint |language=en}}</ref><ref>{{Cite web |url=https://www.moneycontrol.com/europe/?url=https://www.moneycontrol.com/news/telecom/kk-maheshwari-quits-as-vodafone-ideas-non-executive-director-10446991.html |title=Kumar Mangalam Birla back as non-executive director of Vodafone Idea, 2 years after his exit |website=moneycontrol.com |date=20 April 2023 |access-date=20 April 2023}}</ref>
| revenue = {{Increase}} {{INRConvert|42765|c}}<ref name=pnl>{{Cite web|title=Vodafone Idea Limited Consolidated Profit & Loss account, Vodafone Idea Limited Financial Statement & Accounts|url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/727845d5-f12b-4f6f-af01-8d8d1462e7b7.pdf|access-date=2024-05-16|website=www.bseindia.com|language=en}}</ref>
| location = [[Mumbai]] {{small|(Corp.)}}<ref name="auto">{{citation|url=http://www.ideacellular.com/investor-relations/investor-support|publisher=Vodafone Idea Limited|title=investor-relations}}</ref><ref name="auto1">{{citation|url=http://www.vodafoneidea.com/investors/investors-support|publisher=Vodafone Idea Limited|title=investor support}}</ref> <br /> [[Gandhinagar]] {{small|(Reg.)}}
| revenue_year = 2024
| industry = [[Telecommunications]]
| operating_income = {{Increase}} {{INRConvert|16850|c}}<ref name=pnl/>
| products = {{ubl|[[Mobile telephony]]|[[Wireless broadband]]|[[Internet service provider|Internet services]]}}
| income_year = 2024
| revenue = {{Increase}} {{INRConvert|42488|c}}<ref name=pnl>{{Cite web|title=Vodafone Idea Limited Consolidated Profit & Loss account, Vodafone Idea Limited Financial Statement & Accounts|url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/9f412161-7962-441b-a563-4808530a42e6.pdf|access-date=2023-05-25|website=www.bseindia.com|language=en}}</ref>
| net_income = {{Decrease}} {{INRConvert|-31238|c}}<ref name=pnl/>
| revenue_year = 2023
| net_income_year = 2025
| operating_income = {{Increase}} {{INRConvert|16817|c}}<ref name=pnl/>
| assets = {{Decrease}} {{INRConvert|184997|c}}<ref name=bst>{{Cite web|title=Vodafone Idea Limited Consolidated Balance Sheet, Vodafone Idea Limited Financial Statement & Accounts|url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/727845d5-f12b-4f6f-af01-8d8d1462e7b7.pdf|access-date=2024-05-16|website=www.moneycontrol.com|language=en}}</ref>
| income_year = 2023
| assets_year = 2024
| net_income = {{Decrease}} {{INRConvert|-29301|c}}<ref name=pnl/>
| equity = {{Decrease}} {{INRConvert|-104166|c}}<ref name=bst/>
| net_income_year = 2023
| equity_year = 2024
| assets = {{Increase}} {{INRConvert|207242|c}}<ref name=bst>{{Cite web|title=Vodafone Idea Limited Consolidated Balance Sheet, Vodafone Idea Limited Financial Statement & Accounts|url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/9f412161-7962-441b-a563-4808530a42e6.pdf|access-date=2023-05-25|website=www.moneycontrol.com|language=en}}</ref>
| owners = {{ubl
| assets_year = 2023
|[[Government of India]] (48.99%)<ref>{{Cite web|url=https://telecomtalk.info/vodafone-idea-who-owns-how-much-stake/992808/|title=Vodafone Idea: Who Owns How Much Stake in the Company Now|first=Tanay Singh|last=Thakur 16}}</ref>
| equity = {{Decrease}} {{INRConvert|-74359|c}}<ref name=bst/>
|[[Vodafone Group]] (16.07%)
| subsid = YOU Broadband Limited<ref>{{cite news|url=https://youbroadband.in/aboutus/aboutus_history.php|title=About us|date=29 June 2019|website=You Broadband Limited}}</ref>
|[[Aditya Birla Group]] (9.50%)
| equity_year = 2023
|[[Public float]] (25.44%)
| owners = {{ubl|[[Government of India]] (32.09%)<br />[[Vodafone]] (31.27%)<br />[[Aditya Birla Group]] (17.49%)<br />[[Private Equity]] (15.97%)<br />[[American Tower Corporation]](3.18%)}}<ref>{{cite news | url=https://www.myvi.in/content/dam/microsite/pdfs/Results/FY2022-23/Q32023/VIL%20QR_Q3FY23.pdf | title=REPORTS | newspaper=VI | last1=page 17 | first1=Page17 }}</ref><ref>{{cite web |title=Centre Agrees to Convert Vi Interest on Dues into Equity |language=en |date=Feb 4, 2023 |url=https://economictimes.indiatimes.com/epaper/delhicapital/2023/feb/04/satet-front/centre-agrees-to-convert-vi-interest-on-dues-into-equity/articleshow/97589363.cms |access-date=2023-04-04}}</ref>
}}
| num_employees = 9226 (2023)<ref name="FY2022">{{Cite web |url=https://www.myvi.in/content/dam/microsite/pdfs/annual-reports-page/annual-report/2022-23/Annual_Report_2022-23.pdf|title=Annual Report 2022-23 |date=August 16, 2023 |access-date=2023-08-21}} |website=vodafoneidea.com}}</ref>
| members = 169.30 million<br /> (March 2026)<ref name=":3">{{Cite web |title=Telecom Subscription Reports |url=https://trai.gov.in/release-publication/reports/telecom-subscriptions-reports |website=TELECOM REGULATORY AUTHORITY OF INDIA}}</ref>
| website = {{URL|https://myvi.in}}
| num_employees = {{Decrease}} 9,670 (2025)<ref>{{Cite web|url=https://www.myvi.in/investors/annual-reports|title=Annual Reports &#124; Vi (Vodafone Idea Limited)|website=MYVI}}</ref>
| website = {{URL|myvi.in}}
}}
}}


'''Vodafone Idea '''or '''Vi''' (stylised as '''''V!''''') is an Indian [[mobile network operator]] with its headquarters based in [[Mumbai]] and [[Gandhinagar]].<ref>{{Cite news|url=https://www.sdxcentral.com/articles/news/indias-idea-cellular-will-use-nokias-cloud-core/2018/08/|title=India's Idea Cellular Will Use Nokia's Cloud Core|work=SDxCentral|access-date=4 September 2018|language=en-US}}</ref><ref>{{Cite news|url=https://www.mysmartprice.com/gear/2018/08/08/vodafone-mini-stores-mumbai-will-now-facilitate-tata-power-bill-payments-via-m-pesa-e-wallet/|title=Vodafone Mini Stores in Mumbai Will Now Facilitate Tata Power Bill Payments via M-Pesa e-wallet - MySmartPrice News|date=8 August 2018|work=MySmartPrice|access-date=4 September 2018|language=en-US}}</ref> It is an all-India integrated [[GSM]] operator offering [[2G]], [[3G]], [[4G]], [[LTE Advanced]], [[Voice over LTE|VoLTE]], and [[Voice over WLAN|VoWiFi]] service.<ref>{{Cite web|url=https://www.myvi.in/vi-wifi-calling|title=Vi WiFi Calling &#124; Get Clear Voice Calls with Vi WiFi Calling|website=www.myvi.in}}</ref> As of 31 June 2023, Vi has a subscriber base of 221.4 million,<ref name="VIL-Q2-FY20-2021">{{cite web|date=6 August 2020|title=Q4-Report-FY 2023 By Vodafone Idea Limited|url=https://www.bqprime.com/business/vodafone-idea-q4-results-loss-narrows-sharply-but-revenue-declines}}</ref> making it [[List of telecom companies in India#Mobile operators|third largest mobile telecommunications network in India]] and [[List of mobile network operators#Terrestrial|11th largest mobile telecommunications network in the world]].<ref name="BSE Disclosure" /> The company was created on 31 August 2018 by the merger of [[Vodafone India]] and [[Idea Cellular]], to form a new entity named Vodafone Idea.
'''Vodafone Idea''' ([[Doing-business-as|d/b/a]] '''Vi''', pronounced {{IPAc-en|'|v|iː|audio=LL-Q1860 (eng)-Flame, not lame-V.wav}} and stylized as '''V!''') is an Indian [[telecommunications]] company headquartered in [[Gandhinagar]].<ref>{{Cite web |date= |title=Overview {{!}} Vodafone Idea Limited |url=https://www.vodafoneidea.com/who-we-are/overview |access-date=2019-07-24 |website=www.vodafoneidea.com |language=en}}</ref><ref>{{Cite news|url=https://www.sdxcentral.com/articles/news/indias-idea-cellular-will-use-nokias-cloud-core/2018/08/|title=India's Idea Cellular Will Use Nokia's Cloud Core|work=SDxCentral|access-date=4 September 2018|language=en-US}}</ref><ref>{{Cite news|url=https://www.mysmartprice.com/gear/2018/08/08/vodafone-mini-stores-mumbai-will-now-facilitate-tata-power-bill-payments-via-m-pesa-e-wallet/|title=Vodafone Mini Stores in Mumbai Will Now Facilitate Tata Power Bill Payments via M-Pesa e-wallet - MySmartPrice News|date=8 August 2018|work=MySmartPrice|access-date=4 September 2018|language=en-US|archive-date=4 September 2018|archive-url=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/|url-status=dead}}</ref> It is an all-India integrated [[GSM]] [[Mobile network operator|operator]] offering [[mobile telephony]] services.


In 2020, [[Vodafone India|Vodafone]] and [[Idea Cellular|Idea]] rebranded as '''Vi''' <ref>{{Cite web|date=2020-09-07|title=Vodafone Idea re-brands itself 'Vi'|url=https://indianexpress.com/article/business/companies/vodafone-idea-new-brand-identity-vi-key-announcements-6586229/|access-date=2020-09-07|website=The Indian Express|language=en}}</ref><ref>{{Cite web|last=Vodafone Idea Limited|first=Vi|title=Vodafone and Idea brands are now "Vi"|url=https://www.vodafoneidea.com/content/dam/vodafone-microsite/docs/pdf/pressrelease/New%20brand%20Press%20Release_Media%20.pdf}}</ref><ref>{{Cite web|date=2020-09-07|title=Vodafone Idea rebrands itself, to go by brand name Vi|url=https://zeenews.india.com/companies/vodafone-idea-rebrands-itself-to-go-by-brand-name-vi-2308087.html|access-date=2020-09-07|website=Zee News|language=en}}</ref>
As of 2025, Vi has a subscriber base of 127.78 million,<ref name="VIL-Q2-FY20-2021">{{cite web|date=6 August 2020|title=Q4-Report-FY 2023 By Vodafone Idea Limited|url=https://www.bqprime.com/business/vodafone-idea-q4-results-loss-narrows-sharply-but-revenue-declines}}</ref> making it [[List of telecom companies in India#Mobile operators|third largest mobile telecommunications network in India]] and [[List of mobile network operators#Terrestrial|12th largest mobile telecommunications network in the world]].<ref name="BSE Disclosure" />
 
Vodafone Idea was created on 31 August 2018 by the [[Mergers and acquisitions|merger]] of [[Vodafone India]] and [[Idea Cellular]].<ref>{{Cite web |title=VIL Press Release - 31st August.pdf |url=https://www.vodafoneidea.com/content/dam/vodafone-microsite/docs/pdf/VIL%20Press%20Release%20-%2031st%20August.pdf |access-date=2019-07-24 |website=www.vodafoneidea.com |language=en |format=PDF}}</ref> On 20 September 2020, the two separate brands Vodafone India and Idea Cellular [[Rebranding|rebranded]] as Vodafone Idea (Vi).<ref>{{Cite web|date=2020-09-07|title=Vodafone Idea re-brands itself 'Vi'|url=https://indianexpress.com/article/business/companies/vodafone-idea-new-brand-identity-vi-key-announcements-6586229/|access-date=2020-09-07|website=The Indian Express|language=en}}</ref><ref>{{Cite web |last= |first= |title=New brand Press Release_Media .pdf |url=https://www.vodafoneidea.com/content/dam/vodafone-microsite/docs/pdf/pressrelease/New%20brand%20Press%20Release_Media%20.pdf |access-date=2020-10-03 |website=www.vodafoneidea.com |language=en |format=PDF}}</ref><ref>{{Cite web|date=2020-09-07|title=Vodafone Idea rebrands itself, to go by brand name Vi|url=https://zeenews.india.com/companies/vodafone-idea-rebrands-itself-to-go-by-brand-name-vi-2308087.html|access-date=2020-09-07|website=Zee News|language=en}}</ref>


==History==
==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<ref name="NCLT nod">{{Cite news |url=https://economictimes.indiatimes.com/industry/telecom/telecom-news/nclt-gives-go-ahead-to-idea-vodafone-merger/articleshow/65616161.cms |title=NCLT gives go-ahead to Idea-Vodafone merger |last1=Parbat |first1=Kalyan |date=31 August 2018 |work=The Economic Times |access-date=1 September 2018 |last2=Sengupta |first2=Devina}}</ref>  It was completed on 31 August 2018, and the new entity was named Vodafone Idea Limited.<ref>{{cite web|title=Idea approves merger with Vodafone India, to create India's largest telco|url=http://economictimes.indiatimes.com/news/companies-a-z/corporate-trends/idea-approves-merger-with-vodafone-india-to-create-indias-largest-telco/articleshow/57726194.cms|website=The Economic Times|access-date=20 March 2017}}</ref><ref>{{cite web|last1=Kurup|first1=Rajesh|title=Idea Cellular board approves merger with Vodafone India; shares tank 9%|url=http://www.thehindubusinessline.com/info-tech/idea-cellular-board-approves-merger-with-vodafone-india/article9591707.ece|website=The Hindu Business Line|access-date=20 March 2017|language=en|date=20 March 2017}}</ref><ref name="BSE Disclosure">{{cite web |title=Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 |url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/30efb0f1-67b4-40d7-b7e8-d1c60104dd50.pdf |website=BSE |publisher=BSE |access-date=31 August 2018}}</ref> 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.<ref name="BSE Disclosure" /> Vi lost a significant number of gross and active subscribers in the month of August 2020 after the merger.<ref>{{Cite web|title=Bharti Airtel, Reliance Jio Add Subscribers In August, Vi Lags|url=https://www.bloombergquint.com/business/bharti-airtel-reliance-jio-add-subscribers-in-august-vodafone-idea-lags|access-date=2020-11-17|website=BloombergQuint|language=en}}</ref>
In March 2017, it was announced that [[Vodafone India]] and [[Idea Cellular]] would [[Mergers and acquisitions|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.<ref name="NCLT nod">{{Cite news |url=https://economictimes.indiatimes.com/industry/telecom/telecom-news/nclt-gives-go-ahead-to-idea-vodafone-merger/articleshow/65616161.cms |title=NCLT gives go-ahead to Idea-Vodafone merger |last1=Parbat |first1=Kalyan |date=31 August 2018 |work=The Economic Times |access-date=1 September 2018 |last2=Sengupta |first2=Devina}}</ref>  It was completed on 31 August 2018, and the new entity was named Vodafone Idea.<ref>{{cite news|title=Idea approves merger with Vodafone India, to create India's largest telco|url=http://economictimes.indiatimes.com/news/companies-a-z/corporate-trends/idea-approves-merger-with-vodafone-india-to-create-indias-largest-telco/articleshow/57726194.cms|website=The Economic Times|date=20 March 2017 |access-date=20 March 2017 |last1=Guha |first1=Romit }}</ref><ref>{{cite web|last1=Kurup|first1=Rajesh|title=Idea Cellular board approves merger with Vodafone India; shares tank 9%|url=http://www.thehindubusinessline.com/info-tech/idea-cellular-board-approves-merger-with-vodafone-india/article9591707.ece|website=The Hindu Business Line|access-date=20 March 2017|language=en|date=20 March 2017}}</ref><ref name="BSE Disclosure">{{cite web |title=Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 |url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/30efb0f1-67b4-40d7-b7e8-d1c60104dd50.pdf |website=BSE |access-date=31 August 2018 }}{{Dead link|date=November 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> Under the terms of the deal, the [[Vodafone]] held a 45.2% stake in the combined entity, the [[Aditya Birla Group]] held 26% and the remaining [[Share (finance)|shares]] were to be held by the public.<ref name="BSE Disclosure" />


Until 7 September 2020, Vodafone Idea Limited operated two separate brands:<ref name=":0">{{Cite web|author=Staff Writer|date=2020-09-07|title=Vodafone and Idea are now 'Vi'|url=https://www.livemint.com/companies/news/vodafone-and-idea-are-now-vi-11599457583230.html|access-date=2020-09-07|website=Livemint|language=en}}</ref> ''Vodafone'' and ''Idea'' who both operated pre-paid and post-paid GSM service.<ref name="vodafone idea postpaid cosolidation completed">{{Cite news|title=Vodafone idea postpaid services consolidated|work=The Economics time Telecom|url=https://telecom.economictimes.indiatimes.com/news/vodafone-idea-consolidates-postpaid-subscriber-base-in-india/77102050|access-date=22 July 2020}}</ref><ref name="idea postpaid drop">{{Cite news|title=Vodafone idea will drop idea brand from postpaid service's|work=The Economics time|url=https://brandequity.economictimes.indiatimes.com/news/business-of-brands/vodafone-idea-to-drop-brand-idea-from-postpaid-services/73997736|access-date=7 February 2020}}</ref>
Vodafone Idea lost a significant number of gross and active subscribers in the month of August 2020.<ref>{{Cite web|title=Bharti Airtel, Reliance Jio Add Subscribers In August, Vi Lags|url=https://www.bloombergquint.com/business/bharti-airtel-reliance-jio-add-subscribers-in-august-vodafone-idea-lags|access-date=2020-11-17|website=BloombergQuint|date=12 November 2020|language=en|archive-date=13 November 2020|archive-url=https://web.archive.org/web/20201113072406/https://www.bloombergquint.com/business/bharti-airtel-reliance-jio-add-subscribers-in-august-vodafone-idea-lags|url-status=dead}}</ref>


On 3 February 2023, the [[Government of India]] ordered the company to convert its interest dues worth 161.33 billion [[Indian rupee|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.<ref>{{Cite news |date=2023-02-03 |title=India asks Vodafone Idea to convert nearly $2 bln in govt dues into equity |language=en |work=Reuters |url=https://www.reuters.com/world/india/india-asks-vodafone-idea-convert-govt-dues-into-equity-worth-2-bln-2023-02-03/ |access-date=2023-03-26}}</ref>
Until 7 September 2020, Vodafone Idea operated two separate brands:<ref name=":0">{{Cite web|author=Staff Writer|date=2020-09-07|title=Vodafone and Idea are now 'Vi'|url=https://www.livemint.com/companies/news/vodafone-and-idea-are-now-vi-11599457583230.html|access-date=2020-09-07|website=Livemint|language=en}}</ref> Vodafone India and Idea Cellular who both operated [[Prepaid mobile phone|pre-paid]] and [[Postpaid mobile phone|post-paid]] [[GSM]] service.<ref name="vodafone idea postpaid cosolidation completed">{{Cite news|title=Vodafone idea postpaid services consolidated|work=The Economics time Telecom|url=https://telecom.economictimes.indiatimes.com/news/vodafone-idea-consolidates-postpaid-subscriber-base-in-india/77102050|access-date=22 July 2020}}</ref><ref name="idea postpaid drop">{{Cite news|title=Vodafone idea will drop idea brand from postpaid service's|work=The Economics time|url=https://brandequity.economictimes.indiatimes.com/news/business-of-brands/vodafone-idea-to-drop-brand-idea-from-postpaid-services/73997736|access-date=7 February 2020}}</ref>
 
On 3 February 2023, the [[Government of India]] ordered the [[company]] to convert its [[interest]] dues worth 161.33 billion [[Indian rupee|Indian Rupees]] ($1.96 billion) to [[Equity (finance)|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.<ref>{{Cite news |date=2023-02-03 |title=India asks Vodafone Idea to convert nearly $2 bln in govt dues into equity |language=en |work=Reuters |url=https://www.reuters.com/world/india/india-asks-vodafone-idea-convert-govt-dues-into-equity-worth-2-bln-2023-02-03/ |access-date=2023-03-26}}</ref>
 
In March 2025, the Government of India further raised its stake to 48.99% by acquiring additional shares worth ₹36,950 crore ($4.5 billion).<ref>{{Cite news|title=Govt to raise stake in Vodafone Idea to 49% with fresh acquisitions worth Rs 37,000 crore|work=[[The Indian Express]]|url=https://indianexpress.com/article/business/govt-increase-stake-voda-idea-share-acquisition-9914965/ |access-date=2025-04-02}}</ref>


==Network==
==Network==


===Spectrum frequency holding summary===
===Spectrum frequency holding summary===
Vi owns spectrum in 900&nbsp;MHz, 1800&nbsp;MHz, 2100&nbsp;MHz, 2300&nbsp;MHz, 2500&nbsp;MHz, 3500&nbsp;MHz and 26&nbsp;GHz bands across the [[India|country]].<ref>{{citation |url=https://onlytech.com/india-telecom-spectrum-chart/|publisher=Only Tech|access-date=7 October 2022|title=Pan India Telecom Spectrum holding chart 2022 (updated)}}</ref>
Vodafone Idea owns spectrum in 900&nbsp;MHz, 1800&nbsp;MHz, 2100&nbsp;MHz, 2300&nbsp;MHz, 2500&nbsp;MHz, 3500&nbsp;MHz and 26&nbsp;GHz bands across the [[India|country]].<ref>{{citation |url=https://onlytech.com/india-telecom-spectrum-chart/|publisher=Only Tech|access-date=7 October 2022|title=Pan India Telecom Spectrum holding chart 2022 (updated)|date=25 March 2020 }}</ref>
{| class="wikitable sortable plainrowheaders"
{| class="wikitable sortable plainrowheaders"
|- style="background:#ccc; text-align:center;"
! scope="col" | [[Telecom circle]] coverage
! scope="col" | [[Telecom circle]] coverage
! scope="col" | E-[[GSM]]/ FD-[[LTE (telecommunication)|LTE]]<br />900[[Frequency|MHz]]<br />[[LTE frequency bands|Band 8]]
! scope="col" | [[E-GSM]]/ [[LTE-FDD]]<br />900&nbsp;MHz<br />[[LTE frequency bands|Band 8]]
! scope="col" | [[GSM]] / FD-[[LTE (telecommunication)|LTE]]<br />1800[[Frequency|MHz]]<br />[[LTE frequency bands|Band 3]]
! scope="col" | [[GSM]] / LTE-FDD<br />1800&nbsp;MHz<br />[[LTE frequency bands|Band 3]]
! scope="col" | [[UMTS]] / FD-[[LTE (telecommunication)|LTE]]<br />2100[[Frequency|MHz]]<br />[[LTE frequency bands|Band 1]]
! scope="col" | [[UMTS]] / [[LTE-FDD]]<br />2100&nbsp;MHz<br />[[LTE frequency bands|Band 1]]
! scope="col" | TD-[[LTE (telecommunication)|LTE]]<br />2300[[Frequency|MHz]]<br />[[LTE frequency bands|Band 40]]
! scope="col" | [[LTE-FDD]]<br />2300&nbsp;MHz<br />[[LTE frequency bands|Band 40]]
! scope="col" | TD-[[LTE (telecommunication)|LTE]]<br />2500[[Frequency|MHz]]<br />[[LTE frequency bands|Band 41]]
! scope="col" | [[TD-LTE]]<br />2500&nbsp;MHz<br />[[LTE frequency bands|Band 41]]
! scope="col" | TD-[[5G NR|NR]]<br />3500[[Frequency|MHz]]<br />[[5G NR frequency bands|Band n78]]
! scope="col" | [[5G NR|NR-TDD]]<br />3500&nbsp;MHz<br />[[5G NR frequency bands|Band n78]]
! scope="col" | TD-[[5G NR|NR]]<br />26[[Frequency|GHz]]<br />[[5G NR frequency bands|Band n258]]
! scope="col" | [[5G NR|NR-TDD]]<br />26&nbsp;GHz<br />[[5G NR frequency bands|Band n258]]
|-
|-
|[[Delhi]] || {{ya|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}} || {{ya|color=}} ||  {{ya|color=}} || {{ya|color=}}
|[[Delhi]] || {{ya|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}} || {{ya|color=}} ||  {{ya|color=}} || {{ya|color=}}
Line 98: Line 123:
|[[Bihar]] & [[Jharkhand]] || {{na|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}}
|[[Bihar]] & [[Jharkhand]] || {{na|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}}
|-
|-
|[[Himachal Pradesh]] || {{na|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}} || {{ya|color=}} || {{na|color=}} || {{na|color=}}
|[[Himachal Pradesh]] || {{na|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}} || {{ya|color=}} || {{ya|color=}} || {{ya|color=}}
|-
|-
|[[Jammu and Kashmir (union territory)|Jammu and Kashmir]] & [[Ladakh]] || {{na|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}} || {{ya|color=}} || {{na|color=}} || {{na|color=}}
|[[Jammu and Kashmir (union territory)|Jammu and Kashmir]] & [[Ladakh]] || {{na|color=}} || {{ya|color=}} || {{ya|color=}} || {{na|color=}} || {{ya|color=}} || {{na|color=}} || {{na|color=}}
Line 107: Line 132:
|}
|}


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 (union territory)|Jammu and Kashmir]] telecom Circle's where Idea is Anchor network.<ref>{{citation |url=http://telecomtalk.info/idea-cellular-4g-delhi/177190/|publisher=Telecom Talk|access-date=15 July 2018|title=Idea Cellular 4G Services Now Live in Delhi With Vodafone Network}}</ref><ref>{{citation |url=http://telecom.economictimes.indiatimes.com/news/idea-to-launch-volte-in-march-inks-4g-icr-agreement-with-vodafone/62634564|publisher=ET Telecom|access-date=15 July 2018|title=Idea to launch VoLTE in March, inks 4G ICR agreement with Vodafone}}</ref>
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 (union territory)|Jammu and Kashmir]] telecom Circle's where Idea is Anchor network.<ref>{{citation |url=http://telecomtalk.info/idea-cellular-4g-delhi/177190/|publisher=Telecom Talk|access-date=15 July 2018|title=Idea Cellular 4G Services Now Live in Delhi With Vodafone Network}}</ref><ref>{{citation |url=http://telecom.economictimes.indiatimes.com/news/idea-to-launch-volte-in-march-inks-4g-icr-agreement-with-vodafone/62634564|publisher=ET Telecom|access-date=15 July 2018|title=Idea to launch VoLTE in March, inks 4G ICR agreement with Vodafone}}</ref> In March 2025, Vodafone Idea (Vi) launched its 5G services in Mumbai.<ref>{{Cite web |date=2025-03-18 |title=Vodafone Idea (Vi) 5G Service Goes Live in Mumbai: Check Plans |url=https://www.gadgets360.com/telecom/news/vodafone-idea-vi-5g-launch-mumbai-prepaid-postpaid-plans-prices-data-validity-7953077 |access-date=2025-03-18 |website=Gadgets 360 |language=en}}</ref>


=== Network consolidation ===
=== 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:
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'''
'''Enhanced Unified (2G, 3G, and 4G) coverage details'''
Line 162: Line 186:
|}
|}


'''Enhanced LTE (4G) coverage details'''
'''Enhanced (4G) coverage details'''
{| class="wikitable"
{| class="wikitable"
!State  
!State  
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|}
|}


== See also ==
==Over The Top (OTT)==
'''Vi Movies & TV''' formerly known as ('''Vodafone Play and Idea Movies & TV''') it was launched in 2016 it is currently available for Vi subscribers on [[Android (operating system)|Android]] ([[Android Lollipop|5.1]] and above versions) and [[IOS]] devices ([[iOS 10|10.0]] and above versions).<ref>{{cite web | url=https://www.myvi.in/vi-movies-and-tv | title=Vi Movies & TV: Watch Live TV, TV Shows & Movies Online }}</ref>


* [[Vodafone]]
==See also==
* [[Aditya Birla Group]]
{{Commons category}}
* [[Telecommunications in India]]
* [[American Tower]]
* [[List of telecom companies in India]]
* [[Belvedere Towers metro station]]
* [[List of mobile network operators]]
* [[List of mobile network operators]]
* [[Vodafone India#You Broadband|You Broadband]]
{{Portal bar|Companies|India|Telecommunications}}


==References==
==References==
{{Reflist}}
{{reflist|30em}}


== External links ==
==External links==
* {{official website}}
* {{Official website|}}


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[[Category:2018 mergers and acquisitions]]

Latest revision as of 16:26, 25 April 2026

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
Vi
Traded as
ISININE669E01016
IndustryTelecommunications
Predecessor
Founded31 August 2018; 8 years ago (2018-08-31)
Headquarters
Gandhinagar
,
India
Area served
India
Key people
[1][2]
Products
RevenueIncrease ₹42,765 crore (US$6.0 billion)[3] (2024)
Increase ₹16,850 crore (US$2.4 billion)[3] (2024)
Decrease ₹−31,238 crore (US$−4.4 billion)[3] (2025)
Total assetsDecrease ₹184,997 crore (US$26 billion)[4] (2024)
Total equityDecrease ₹−104,166 crore (US$−15 billion)[4] (2024)
Owners
Members169.30 million
(March 2026)[6]
Number of employees
Decrease 9,670 (2025)[7]
Websitemyvi.in

Vodafone Idea (d/b/a Vi, pronounced /ˈviː/ (About this soundlisten) and stylized as V!) is an Indian telecommunications company headquartered in Gandhinagar.[8][9][10] It is an all-India integrated GSM operator offering mobile telephony services.

As of 2025, Vi has a subscriber base of 127.78 million,[11] making it third largest mobile telecommunications network in India and 12th largest mobile telecommunications network in the world.[12]

Vodafone Idea was created on 31 August 2018 by the merger of Vodafone India and Idea Cellular.[13] On 20 September 2020, the two separate brands Vodafone India and Idea Cellular rebranded as Vodafone Idea (Vi).[14][15][16]

History[edit | edit source]

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.[17] It was completed on 31 August 2018, and the new entity was named Vodafone Idea.[18][19][12] Under the terms of the deal, the Vodafone 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]

Vodafone Idea lost a significant number of gross and active subscribers in the month of August 2020.[20]

Until 7 September 2020, Vodafone Idea operated two separate brands:[21] Vodafone India and Idea Cellular who both operated pre-paid and post-paid GSM service.[22][23]

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.[24]

In March 2025, the Government of India further raised its stake to 48.99% by acquiring additional shares worth ₹36,950 crore ($4.5 billion).[25]

Network[edit | edit source]

Spectrum frequency holding summary[edit | edit source]

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

Telecom circle coverage E-GSM/ LTE-FDD
900 MHz
Band 8 		GSM / LTE-FDD
1800 MHz
Band 3 		UMTS / LTE-FDD
2100 MHz
Band 1 		LTE-FDD
2300 MHz
Band 40 		TD-LTE
2500 MHz
Band 41 		NR-TDD
3500 MHz
Band n78 		NR-TDD
26 GHz
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 Yes Yes
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.[27][28] In March 2025, Vodafone Idea (Vi) launched its 5G services in Mumbai.[29]

Network consolidation[edit | edit source]

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[30] 145 6520 99.5%
ROWB[31] 878 37585 97%
Madhya Pradesh & Chhattisgarh[32] 664 53130 60%
Jammu and Kashmir[33] 110 3301
AP & Telangana[34] 391 19700 92.5%
Bihar & Jharkhand[35] 431 43503 79%
HP[36] 59 11929
NESA & Assam[37] 439 17850 41%

Enhanced (4G) coverage details

State No of Towns Covered No of districts Covered No of Villages Covered Population %
Haryana[30] 137 22 76.08%
ROWB[31] 838 27 78%
Madhya Pradesh & Chhattisgarh[32] 633 77 52%
Jammu and Kashmir[33] 48 9 526 23.6%
AP & Telangana[34] 381 23 8500 67%
Bihar & Jharkhand[35] 343 56 19931 45.3%
HP[36] 45 8 6082 43%
NESA & Assam[37] 340 83 4200 70%
Punjab[38] 227 24 10162 90%

Over The Top (OTT)[edit | edit source]

Vi Movies & TV formerly known as (Vodafone Play and Idea Movies & TV) it was launched in 2016 it is currently available for Vi subscribers on Android (5.1 and above versions) and IOS devices (10.0 and above versions).[39]

See also[edit | edit source]

References[edit | edit source]

  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. ↑ 3.0 3.1 3.2 "Vodafone Idea Limited Consolidated Profit & Loss account, Vodafone Idea Limited Financial Statement & Accounts" (PDF). www.bseindia.com. Retrieved 16 May 2024.
  4. ↑ 4.0 4.1 "Vodafone Idea Limited Consolidated Balance Sheet, Vodafone Idea Limited Financial Statement & Accounts" (PDF). www.moneycontrol.com. Retrieved 16 May 2024.
  5. ↑ Thakur 16, Tanay Singh. "Vodafone Idea: Who Owns How Much Stake in the Company Now".{{cite web}}: CS1 maint: numeric names: authors list (link)
  6. ↑ "Telecom Subscription Reports". TELECOM REGULATORY AUTHORITY OF INDIA.
  7. ↑ "Annual Reports | Vi (Vodafone Idea Limited)". MYVI.
  8. ↑ "Overview | Vodafone Idea Limited". www.vodafoneidea.com. Retrieved 24 July 2019.
  9. ↑ "India's Idea Cellular Will Use Nokia's Cloud Core". SDxCentral. Retrieved 4 September 2018.
  10. ↑ "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.
  11. ↑ "Q4-Report-FY 2023 By Vodafone Idea Limited". 6 August 2020.
  12. ↑ 12.0 12.1 12.2 "Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015" (PDF). BSE. Retrieved 31 August 2018.[permanent dead link]
  13. ↑ "VIL Press Release - 31st August.pdf" (PDF). www.vodafoneidea.com. Retrieved 24 July 2019.
  14. ↑ "Vodafone Idea re-brands itself 'Vi'". The Indian Express. 7 September 2020. Retrieved 7 September 2020.
  15. ↑ "New brand Press Release_Media .pdf" (PDF). www.vodafoneidea.com. Retrieved 3 October 2020.
  16. ↑ "Vodafone Idea rebrands itself, to go by brand name Vi". Zee News. 7 September 2020. Retrieved 7 September 2020.
  17. ↑ Parbat, Kalyan; Sengupta, Devina (31 August 2018). "NCLT gives go-ahead to Idea-Vodafone merger". The Economic Times. Retrieved 1 September 2018.
  18. ↑ Guha, Romit (20 March 2017). "Idea approves merger with Vodafone India, to create India's largest telco". The Economic Times. Retrieved 20 March 2017.
  19. ↑ Kurup, Rajesh (20 March 2017). "Idea Cellular board approves merger with Vodafone India; shares tank 9%". The Hindu Business Line. Retrieved 20 March 2017.
  20. ↑ "Bharti Airtel, Reliance Jio Add Subscribers In August, Vi Lags". BloombergQuint. 12 November 2020. Archived from the original on 13 November 2020. Retrieved 17 November 2020.
  21. ↑ Staff Writer (7 September 2020). "Vodafone and Idea are now 'Vi'". Livemint. Retrieved 7 September 2020.
  22. ↑ "Vodafone idea postpaid services consolidated". The Economics time Telecom. Retrieved 22 July 2020.
  23. ↑ "Vodafone idea will drop idea brand from postpaid service's". The Economics time. Retrieved 7 February 2020.
  24. ↑ "India asks Vodafone Idea to convert nearly $2 bln in govt dues into equity". Reuters. 3 February 2023. Retrieved 26 March 2023.
  25. ↑ "Govt to raise stake in Vodafone Idea to 49% with fresh acquisitions worth Rs 37,000 crore". The Indian Express. Retrieved 2 April 2025.
  26. ↑ Pan India Telecom Spectrum holding chart 2022 (updated), Only Tech, 25 March 2020, retrieved 7 October 2022
  27. ↑ Idea Cellular 4G Services Now Live in Delhi With Vodafone Network, Telecom Talk, retrieved 15 July 2018
  28. ↑ Idea to launch VoLTE in March, inks 4G ICR agreement with Vodafone, ET Telecom, retrieved 15 July 2018
  29. ↑ "Vodafone Idea (Vi) 5G Service Goes Live in Mumbai: Check Plans". Gadgets 360. 18 March 2025. Retrieved 18 March 2025.
  30. ↑ 30.0 30.1 www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in Haryana - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  31. ↑ 31.0 31.1 www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in rest of West Bengal - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  32. ↑ 32.0 32.1 "Vodafone Idea Successfully Completes Radio Network Consolidation In Madhya Pradesh And Chhattisgarh". Communications Today. 8 March 2019. Retrieved 13 June 2019.
  33. ↑ 33.0 33.1 "Vodafone Idea completes network integration in J&K". The Economic Times. 2 March 2019. Retrieved 13 June 2019.
  34. ↑ 34.0 34.1 "Vodafone Idea completes radio network consolidation in AP & Telangana". @businessline. 19 February 2019. Retrieved 13 June 2019.
  35. ↑ 35.0 35.1 Dua, Priyanka (24 February 2019). "Vodafone Idea radio network integration in Bihar, Jharkhand". Gizbot. Retrieved 13 June 2019.
  36. ↑ 36.0 36.1 www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in Punjab - ET Telecom". ETTelecom.com. Retrieved 13 June 2019.
  37. ↑ 37.0 37.1 www.ETTelecom.com. "Vodafone Idea completes radio network consolidation in NESA & Assam - ET Telecom". ETTelecom.com. Retrieved 4 February 2019.
  38. ↑ "Radio Network Consolidation In Punjab" (PDF). Vodafoneidea.com. Retrieved 28 May 2019.
  39. ↑ "Vi Movies & TV: Watch Live TV, TV Shows & Movies Online".

External links[edit | edit source]

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