Vodafone Idea

Vodafone Idea or Vi (stylised as V!) is an Indian mobile network operator with its headquarters based in Mumbai and Gandhinagar. It is an all-India integrated GSM operator offering 2G, 3G, 4G, LTE Advanced, VoLTE, and VoWiFi service. As of 31 June 2023, Vi has a subscriber base of 221.4 million, making it third largest mobile telecommunications network in India and 11th largest mobile telecommunications network in the world. The company was created on 31 August 2018 by the merger of Vodafone India and Idea Cellular, to form a new entity named Vodafone Idea. In 2020, Vodafone and Idea rebranded as Vi In March 2017, it was announced 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 It was completed on 31 August 2018, and the new entity was named Vodafone Idea Limited. Under the terms of the deal, the Vodafone Group held a 45.2% stake in the combined entity, the Aditya Birla Group held 26% and the remaining shares were to 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. On 3 February 2023, the Government of India ordered the company to convert its interest dues worth 161.33 billion Indian Rupees ($1.96 billion) to equity at the rate of 10 rupees per share face value (well over then market value ~8.5), thus making the government the single biggest shareholder in the company. Vi owns spectrum in 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3500 MHz and 26 GHz bands across the country. This table contains Vi (Vodafone & Idea) radio frequency details because they had integrated their networks with each other and using one anchor network for both brands in all respective telecom circles.