1.Company Information
Incorporated in March 1995, Vodafone Idea Limited is a telecommunications service provider in India. The company provides voice, data, and value-added services across 2G, 3G, and 4G technologies, such as short messaging and digital services for enterprises and consumers.
As of December 31, 2023, the company had over 223.0 million subscribers and a subscriber market share of 19.3%. Its network carried 401 billion voice minutes and 6,004 billion MB of data.
As of Dec 31, 2023, Vodafone offers mobile and fixed services to 300M+ customers in 17 countries, and has IoT collaborations with networks in 45 other countries.ternet of Things (IoT) platforms in the world.
The company operates under a strong brand with over three decades of experience from Vodafone and Idea. Total income for FY2023 was ₹424,885 million, with ₹321,256 million for the nine months ended December 31, 2023.
As of December 31, 2023, the company operates around 183,400 tower locations in India, providing broadband services to over 438,900 units, covering more than a billion people. The merger has increased their 4G population coverage from 1.18 billion to over 1 billion.
As of Dec 31, 2023, the company had 2,300 branded urban stores in India, covering over 95% of all districts, including its own and franchisee-owned stores.
By December 31, 2023, the company had a total of 12,598 individuals employed in all its operations.
2. Strenghts
1. Large Subscriber Base
2. Extensive Telecommunication Network
3. Existing Network Built on 5G-Ready Architecture
4. Large Enterprise Customer Base with Longstanding Relationships
5. Extensive Distribution and Service Network
6. Trusted Brand with Strong Proposition
7. Strong Promoter Support
8. Experienced Management Team
3.VI FPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vil.fpo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html