Vodafone Idea

#2741

Rank

$4.34B

MarketCap IN

IN India

Country

Summary
Vodafone Idea Limited provides mobile telecommunication services in India. It offers voice and data services on 2G, 3G, and 4G technologies; broadband services; content services; digital and Internet of thing services; and other value added services, including entertainment, voice and SMS based, and utility services. The company also provides long distance and ISP services; passive infrastructure services; manpower services; fiber infrastructure services; and business and enterprise services. It also trades in mobile handsets, data cards, and related accessories. As of June 30, 2022, it had approximately 226.1 million mobile subscribers. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.

History

Announced in March 2017 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 The merger was completed on 31 August 2018, and the newly merged entity was named Vodafone Idea Limited. The merger created the largest telecom company in India by subscribers and by revenue. Under the terms of the deal, the Vodafone Group holds a 45.2% stake in the combined entity, the Aditya Birla Group holds 26% and the remaining shares will be held by the public. Vi lost a significant number of gross and active subscribers in the month of August 2020 after the merger.Until 7 September 2020, Vodafone Idea Limited operated two separate brands: Vodafone and Idea who both operated pre-paid and post-paid GSM service.Vi also provides services including Mobile payments, IoT, enterprise offerings and entertainment, accessible via both digital channels as well as on-ground touch points, centres across the country. Vi has a broadband network of 340,000 sites, distribution reach of 1.7 million retail outlets.As of May 2021, data published by the telecom regulator TRAI Vi had the highest upload speed of 28 Mbps.


Mission
Connecting and empowering people & communities accelerating the development of Egypt through developing Telecommunications Centers of Excellence to create value adding jobs.

Vision
Vodafone Idea's vision is to be the leader in India's digital communications revolution, creating world-class products, technology solutions, services and experiences of uncompromising quality which meet the needs of customers in an ever-changing digital world.

Key Team

Mr. T. G. B. Ramakrishna (Chief Operating Officer of Andhra Pradesh)

Mr. Prakash K. Paranjape (Chief Information Technology Officer)

G.V.A.S. Murthy (Pres of Fin. & Accounts)

Dr. Pragnya Ram (Group Exec. Pres of Corp. Communications & CSR)

Mr. Suvamoy Roy Choudhury (Chief HR Officer)

Mr. Jagbir Singh M.Sc., MBA (Chief Technology Officer)

Mr. Avneesh Khosla (Chief Marketing Officer)


Recognition and Awards
Vodafone Idea has been a recipient of numerous awards and recognitions that have been bestowed on it by various industry bodies and prestigious magazines. These awards are a testament to their commitment to service excellence, innovation, customer service and community involvement.

References
Vodafone Idea
Leadership team

Mr. Akshaya Moondra (Chief Exec. Officer)

Mr. Pankaj Kapdeo (Company Sec., Pres of Legal, Head of BR & Compliance Officer)

Mr. Abhijit Kishore (Chief Operating Officer)

Products/ Services
Information Technology, Mobile, Telecommunications
Number of Employees
1,000 - 20,000
Headquarters
Mumbai, Maharashtra, India
Established
1995
Revenue
Above - 1B
Traded as
IDEA.NS
Social Media
Sun Mar 03 2024
About

businessabc offers a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © businessabc powered by ztudium