Vodafone Idea (Vi), the third-largest telecom operator in the country, is likely going to get Rs 2000 crore from the promoters. The fund may be used to purchase 5G gear, as Vi has not even started deploying 5G networks while the other telecom operators have started offering commercial 5G services. The development has been reported by TNN. The talks around promoter funding come after the government converted the dues into... Read More
Vodafone Idea (Vi) has revamped the Rs 195 and Rs 319 prepaid plans. The telco introduced both these plans around May 2022. In less than a year, the telco has revamped the benefits for the consumers. The Rs 195 plan now offers more data than earlier, and the validities of both plans have also received a small update. Let’s take a look at what’s new. Vodafone Idea Rs 195 Plan:... Read More
Vodafone Idea, a leading telecom operator in India, has just announced that it will be offering a free one-year subscription to Sun NXT Premium HD to customers on the Rs 401 postpaid plan. Mind that this is a new Rs 401 postpaid plan offered by the telco. So now, there are two Rs 401 postpaid plans on offer by Vi. Vodafone Idea is calling this new plan 'Vi Max 401... Read More
Vodafone Idea (Vi), the third-largest telecom operator in India, has announced the onboarding of the Atrangii platform on the Vi app. For the unaware, Atrangii is a premium OTT (over-the-top) content platform. With this partnership, the telco's customers will be able to consume the premium content of Atrangii at no additional cost. Atrangii has a large library of content with some major titles such as Panchali, The Devil Inside, The... Read More
Vodafone Idea (Vi) has brought a new prepaid plan worth Rs 296 for users in India. This plan is an exact replica of Airtel and Jio's Rs 296 plan. Vi has introduced this plan for users who want a short-term plan with a round-off validity of 30 days and bulk data. The telco has modelled its prepaid plans the same way as Airtel's in the past as well. In fact,... Read More
Vodafone Idea (Vi), the third-largest Indian telco, came out with the financial and performance results for Q3 FY23 a couple of days back. The telco's overall subscriber base went down, but its 4G subscriber base grew. However, the growth of 4G subscribers' QoQ is too slow. From 120.6 million in Q2 FY23, the 4G subscriber base of Vi reached 121.6 million in Q3 FY23. In the same quarter the previous... Read More
Vodafone Idea, the third-largest telecom operator in India, has just announced that it has forayed into eSports. The telco has partnered with Gamerji and launched an eSports platform on the Vi app. Vi is trying to attract mobile gamers yet again to play eSports tournaments on its mobile app. This is not the first time that the telco has tried to get the attention of mobile gamers. While eSports is... Read More
Vodafone Idea (Vi), the third-largest telecom operator in India, is likely to get approval from the telecom department for the payment of the pending license fees (LF) and spectrum usage charges (SUC) for the third quarter. It was reported that the telco had paid just around 10% of its statutory dues that arose from the third quarter. According to an ET report, the telco has proposed a payment plan to... Read More
In an Extraordinary General Meeting (EGM) of Vodafone Idea (Vi), the third-largest telecom company in India, the shareholders have approved the approval of Rs 1600 crore worth of optionally convertible debentures (OCDs) to the American Tower Company (ATC). This is not the first time the shareholders have approved the move. Vi couldn't go ahead with the same earlier because one of the conditions for the OCD issue to ATC was... Read More
Vodafone Idea has not been able to stop the subscriber loss for seven straight quarters now. This means the telco has been losing users for 21 months, which is just 3 months or one-quarter shy of two years. Vi has been losing out to the competition because of liquidity issues and limited investments in its networks. The telco has been unsuccessful in raising fresh funds, and that has caused a... Read More
Bharti Airtel, Vodafone Idea (Vi), and Reliance Jio's Q3 FY23 results are out. The trend of average revenue per user (ARPU) is still the same, where Airtel is the leader, Reliance Jio is second, and then Vi is at the bottom, lagging behind by a huge margin from its competitors. Bharti Airtel and Reliance Jio made profits, while Vodafone Idea lost close to $1 billion USD during the quarter. When... Read More
Vodafone Idea recently gave a 33.4% stake in the company to the government. This was due to the conversion of interest dues on deferred AGR and spectrum into equity. While it would reduce the net debt that the telco has, it doesn't guarantee any future growth for the company. Analysts believe that Vi needs to raise funds in the short term to sustain and compete with the other private telcos.... Read More
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