Can Vodafone idea survive?

Vodafone Idea will survive and be competitive in the market and will invest the cash saved through the 4-year moratorium on AGR and spectrum payments into expanding its network and participating in 5G auctions instead of repaying debt, the company’s managing director Ravinder Takkar said Wednesday.

What is the future of Vodafone in India?

Vodafone Idea plans to invest Rs 27,000 crore in FY20 The debt-ridden company has advanced its target date to complete integration of Vodafone and Idea Cellular business to financial year 2021 from fiscal 2023.

Will VI survive in future?

According to a Deutsche Bank Research report of July 26, the only way Vi is likely to survive in the coming time is that if the government converts its debt into equity, and merge the operations of the company with state-run Bharat Sanchar Nigam Limited (BSNL), and then giving the merged entity a “clear commercial …

Why is Vodafone in loss?

The company has sought a moratorium from the government for its spectrum dues and the worsening financial condition has resulted in credit rating downgrade for its long term loans and non convertible debentures. Gross revenue declined 14.1 per cent on a year on year basis to Rs 9152 crore due to fall in subscribers.

How many vi users are there in India?

It is a pan-India integrated GSM operator offering 2G, 4G, 4G+, VoLTE, and VoWiFi services. As of 30 september 2021, Vi has a subscriber base of 269.99 million, making it third largest mobile telecommunications network in India and 10th largest mobile telecommunications network in the world.

Is VI is going to close?

Indian telco Vodafone Idea (Vi) is reportedly close to “point of collapse” and needs help from the Government, one of its investors said this week. Last year the Supreme Court of India gave Vi and Airtel 10 years to pay, with the first installments of 10 percent due in March 2021.

What is Vi service provider?

Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.

Who is the owner of Vodafone?

Vi (mobile network)

Is VI ready for 5G?

Highlights. Vodafone Idea (Vi) is ready for both 5G standalone (SA) and 5G non-standalone (NSA) architecture. With NSA, operators can ensure a faster roll out of the 5G networks. With 5G SA, a dedicated 5G network is built from scratch.

How do I Close my service with Vodafone?

You can close your service by giving us a call on 1555 from your Vodafone phone or 1300 650 410 from another phone. If you’re overseas, you can close your service by calling +61 426 320 000. If you’re closing your service without transferring your number to another provider, the number won’t be active from the end of your last billing cycle.

What happens if I cancel my Vodafone contract early?

If you’re cancelling your contract within the first 14 days, you may still be within Vodafone’s cooling off period. In this case, early termination charges might not apply. If you’re inside the minimum term of your contract with Vodafone, you’ll need to pay something called an “early termination charge” (ETC) or “early exit fee”.

How do I cancel my Vodafone 191 line?

You can do this by calling us free on 191 from your Vodafone mobile, 033 330 40191 from any other line (standard rates apply) or by printing our cancellation form and sending it to Vodafone Limited, The Connection, Newbury, Berkshire RG14 2FN. Effects of cancellation.

What are early exit fees on Vodafone?

Early Exit Fees on Vodafone. If you’re inside the minimum term of your contract with Vodafone, you’ll need to pay something called an “early termination charge” (ETC) or “early exit fee”. This will essentially pay off the remainder of your contract.