Vodafone Idea Says Enlarging Its Footprints With 5G Rollout

Vodafone Idea Says Enlarging Its Footprints With 5G Rollout
Vodafone Idea (Vi) said it is expanding its footprint with the 5G rollout and, in connection with this, the company is in discussions with various network vendors. This announcement follows India’s third-largest telco, which has been losing wireless subscribers month after month, responding to an exchange clarification sought about a recent news item that appeared on Moneycontrol on May 23, 2024, captioned “Ericsson India in talks with Vodafone Idea for a 5G deal: India MD.”

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Ericsson Partnership

The article, published on Thursday, reported that Ericsson’s India MD expressed optimism about the Indian market and mentioned that the Swedish telecom gear maker is in talks to secure 4G and 5G equipment orders from Vodafone Idea, following a successful follow-on offer.

“Vodafone Idea is our partner, and we are in discussions with them. We are hopeful that when they launch 5G, we will be supporting them in their rollouts,” Nitin Bansal, Managing Director of Ericsson India, told Moneycontrol in an interview.

Vodafone Idea’s Clarification

In this regard, Vodafone Idea clarified in an exchange filing on May 23 that Ericsson India is one of the company’s network vendors. Furthermore, the company is expanding its footprint with the 5G rollout and, in connection with this, is in discussions with various network vendors, including Ericsson, for the supply of network equipment for the 5G rollout.

“In this regard, we would like to submit that Ericsson India is one of the network vendors of the Company. Further, the Company is expanding its footprint with the 5G rollout and, in connection with this, the Company is in discussions with various network vendors, including Ericsson, for the supply of network equipment for the 5G rollout,” clarified Vodafone Idea in an exchange filing.