Vodafone Idea Share Price

Vodafone Idea Ltd.

Vodafone Idea Limited is a joint journey between the Vodafone as well as the Aditya Birla Group. It is the top telecom service provider in India. The business offers voice and data services throughout India using 3G, 4G, and 5G networks. The company is dedicated to offering awesome customer experiences and helping to create a genuinely "Digital India" by enabling millions of people to connect and create better futures.

Vodafone India Limited has a huge spectrum portfolio to serve the growing demand for data and voice. The company is building the necessary infrastructure to roll out smarter and newer technology, enabling retail and enterprise clients to take advantage of cutting-edge services that are easily accessed through a wide range of digital channels and a physical presence.

About Vodafone India Limited and Vodafone Idea Share News

Vodafone Idea, also known as Vi (stylised as V!), is an Indian mobile network provider whose main offices are in Gandhinagar and Mumbai. This integrated GSM operator covers the whole of India and provides 2G, 3G, 4G, VoLTE, LTE Advanced, and VoWiFi services. With 219.8 million users as of September 31, 2023, Vi is India's third-largest mobile telecom network and the eleventh-largest mobile telecom network globally. On August 31, 2018, Vodafone India and Idea Cellular merged to form "Vodafone Idea Limited." The two distinct brands, Vodafone and Idea, combined to become Vi in 2020.

Telecom industry overview

India is one of the biggest and fastest-growing telecom markets globally. It boasts a sizable user base, with millions of users. Reliance Jio, Airtel, and Vodafone Idea are some of the major companies. These businesses provide various services, including high-speed internet and mobile phone service.

The sector has grown significantly due to the widely available adoption of 4G and reasonable tariffs. Moreover, government programs like Digital India have improved connections. Nonetheless, the industry faces difficulties like fierce competition and legal problems. Debts and high spectrum costs are also issues.

Despite these obstacles, the industry keeps coming up with new ideas. The impending deployment of 5G technology is anticipated to transform services. The digital divide is closing as rural areas' connectivity improves. All things considered, India's telecom sector is still growing and makes a big difference in daily life and the country's economy.

Vodafone India competitors

Here is the list of Vodafone India competitors:

• Bharti Airtel Ltd
• Tata Communications Ltd
• Bharti Hexacom Ltd
• Tata Teleservices Ltd

Vodafone Idea share price history

Here is the brief year-wise history of Vodafone Idea share price today:

• 1995: Incorporated as Birla Communications Limited and obtained CMTS licenses for Gujarat and Maharashtra circles
• 1996: Renamed Birla AT&T Communications Limited
• 1997: Started operations in Gujarat and Maharashtra
• 2000: Merged with Tata Cellular Limited and acquired the Andhra Pradesh Circle license
• 2001: Acquired RPG Cellcom Limited (Madhya Pradesh license). Renamed Birla Tata AT&T Limited and obtained CMTS license for Delhi circle
• 2002: Renamed Idea Cellular Limited and started operations in Delhi Circle
• 2004:Acquired Escotel Mobile Communications Limited and launched EDGE services
• 2006: Joined Aditya Birla Group and acquired Escorts Telecommunications Limited. Obtained UASL for Mumbai and Bihar circles
• 2007: Launched IPO
• 2008: Obtained UASL for nine areas and acquired Spice Communications Limited. Equity shares allotment to TMI Mauritius Ltd.
• 2009: Became pan-India operator
• 2010: Allotted 3G spectrum in 11 areas
• 2011: Launched 3G services in 20 areas
• 2012: Launched ISP services
• 2014: Completed QIP and equity Vodafone Idea share price NSE allotment to Axiata Investments
• 2015: Launched 4G services in 4 southern circles
• 2016: Expanded 4G services to 10 areas
• 2018: Allotment to Promoters and Promoter Group and merged Vodafone India and VMSL with the Company. Renamed Vodafone Idea Limited
• 2021: Acquired 23.6 MHz spectrum and telecom Reforms Package announced
• 2023: Converted warrants to equity Vodafone Idea bonus share. Issued OCDs to ATC Telecom Infrastructure and equity shares to the Government

Company Profile – Strengths and Weaknesses

Strengths

• Company with zero promoter pledge
• Vofanone India stock gained more than 20% in only one month
• MFs boosted their shareholding last quarter
• FII/FPE are increasing their shareholding

Weaknesses

• Annual net profit has been decreasing for the last 2 years

The financials

Shareholding pattern of Vodafone Idea Limited

Here is the shareholding pattern of Vodafone Idea Limited:

• Promoters: 74.99%
• FII: 3.57%
• DII: 1.71%
• Public: 19.72
• Others: 0.01%

Peer comparison

Here is the Vodafone Idea share dividend history along with its competitors;