Vodafone idea news

Here are some recent news updates about Vodafone Idea (Vi):

Recent Developments:

  1. Vi's 5G Services Launched: Vodafone Idea (Vi) has launched its 5G services in several cities across India, including Delhi, Mumbai, and Kolkata. The company has promised speeds of up to 1 Gbps on its 5G network.
  2. Tariff Hike: Vi has increased its tariffs by up to 25% for its prepaid and postpaid customers. The hike is effective from March 1, 2023.
  3. Partnership with Google: Vi has partnered with Google to offer a range of Google services, including Google Meet, Google Drive, and Google Workspace, to its customers.
  4. Fibre-to-the-Home (FTTH) Services: Vi has launched its FTTH services in several cities, offering speeds of up to 1 Gbps to its customers.
  5. Network Expansion: Vi has expanded its 4G network to several new areas, including rural regions, to improve its coverage and reach.

Financial Updates:

  1. Q3 FY23 Results: Vi reported a net loss of ₹7,303 crore (approximately $950 million) for the quarter ended December 31, 2022.
  2. Debt Reduction: Vi has reduced its debt by ₹11,000 crore (approximately $1.4 billion) in the quarter ended December 31, 2022.
  3. Fund Raising: Vi has raised ₹1,600 crore (approximately $210 million) through a rights issue to reduce its debt and fund its network expansion plans.

Other News:

  1. Employee Layoffs: Vi has laid off several hundred employees as part of its cost-cutting measures.
  2. Brand Revamp: Vi has launched a brand revamp, introducing a new logo and brand identity to reposition itself in the market.
  3. Partnership with Airtel: Vi has partnered with Bharti Airtel to share network infrastructure and reduce costs.

These are just a few of the recent news updates about Vodafone Idea (Vi). If you're looking for more information, feel free to ask!