Vi is building a cloud-neutral, multi-partner platform that will allow enterprises to manage workloads across providers such as AWS, Google, and Microsoft, while also expanding engagements with its existing partners.
This is following an application filed by Department of Investment and Public Asset Management, Ministry of Finance, dated Marh 30, 2025.
Vodafone Idea is reportedly looking to raise around Rs 15,000-20,000 crore via an FPO, and the board had already given its approval in February.
Shares of Vodafone Idea closed 6 percent higher on November 22 after Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday said that the group was committed to the cash-strapped Vodafone Idea.
The Vi Shops concept for Tier 3 towns is intended to deliver a uniform experience to local customers, enabling quick support and handholding.
DoT, in an official statement, said that 5G trial sites have also been set up in Jamnagar, Ahmadabad, Chennai, Hyderabad, Lucknow, Pune and Gandhi Nagar.
"The pandemic has universally changed our perspectives at work and put us on the fast track to some seminal changes."
Vodafone-Idea users, namely from Maharashtra's Nagpur and Pune, took to Twitter to complain about connectivity issues. While some said they faced call drops others wrote they couldn’t make calls at all.
The Committee of Secretaries set up to examine the telecom sector should ignore the petulance of incumbents.
In response, Vodafone tweeted, "Hi! This is a temporary issue and we are working on it. You will be able to use our services as soon as it is resolved."
The combination will have all India revenue market share of 32.2 percent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
The Department's calculation pertains to bank guarantees and cash payment sought from Idea Cellular and Vodafone India. The two companies have made a request for re-calculation.
Vodafone Idea may prioritise cost savings over market share retention, Credit Suisse said.
The merged entity will be India's largest telecommunication company.
There are some formalities which are pending that they have to complete for it (the merger)," Sinha told reporters on sidelines of a BSNL event -- the first on-record confirmation from the government side.
"Vodafone India had merged its all arm into one company and there are dues of around Rs 4,700 crore related to one-time spectrum charges (OTSC) on the company. DoT will ask Vodafone to either clear dues or furnish bank guarantee before merger with Idea," an official source told PTI.
According to the source, the designate Circle Business Leaders will coordinate with the chief operating officer designate and the Circle Head designates to plan appropriately the details and timing of their induction in the circles, where they are proposed to be appointed post merger.
Vodafone, which is in the process of merging with Idea, expects the process to be completed by June, possibly making the latest results the last on standalone basis.
The DoT will insist on bank guarantees for OTSC dues because of the telecom mergers and acquisitions rules currently in place, even though license fee, SUC and OTSC are legally challenged
The HC agreed with Vodafone Group's claim that "no speaking order" was passed by the CCI, and questioned how a holding company was responsible for inter-connection default.
As a result of the preferential allotment, the aggregate shareholding of the promoter group in Idea has increased from 42.4 to 47.2 per cent.
Going by the number of subscribers and revenue market share, this merger will give birth to India’s largest mobile phone operator. The deal is expected to conclude before July 2018.
Bharti Airtel, Vodafone India and Idea Cellular are working with handset companies to make cheaper 4G smartphones costing as low as Rs 500 effectively.
In what could be considered a landmark year for the telecom sector in India, 2017 saw telcos consolidate like never before. By the end of the year, there were only three major players left in the market.
"Vodafone India and itel Mobile announced a strategic partnership to provide an exciting cashback offer on the purchase itel A20 Smartphone. The offers provides a cashback of Rs 2,100 to a customer buying itel A20 bringing its effective price down from Rs 3,690 to just Rs 1,590," Vodafone and itel said in a joint statement.