The wait for Vodafone-Idea (Vi)’s 5G service is going to end soon. A big update has come out regarding this. The company’s CEO Akshay Mundra has shared important information about the delay in the launch of Vodafone-Idea’s 5G service and network deployment. Not only this, the company has also released the result of the first quarter of the financial year 2024-25. In the first quarter, the company has managed to reduce its losses. However, the number of active users of Vi has come down from 19.33 crores to 18.83 crores.
The increase in mobile tariff has affected the company. The CEO of the company admitted that many users of Vi have ported their numbers to the government telecom company BSNL. However, the company is confident that these users can once again join Vi. BSNL has added lakhs of new users after private telecom companies increased mobile tariffs, out of which 2.5 lakh are those users who were already taking the service of private telecom companies.
Big update on Vi 5G service
Vodafone-Idea CEO said that the company has finalized long term contracts for 4G network expansion and commercial 5G deployment. The company is in discussions with Eriscsson and Nokia to roll out 5G service. As soon as it is finalized, the company will launch its 5G service.
Akshay Mundra said that soon 5G service will be rolled out in some areas of the country. Also, 4G network is also being expanded. Telecom operators have had long discussions with vendors for long term contracts. Long term contracts are needed especially in those telecom circles where equipment of Chinese vendors Huawei and ZTE have been installed.
This is the reason for the delay
The CEO of the company said that we have used Chinese equipment in many telecom circles of the country, due to which 5G service is not allowed. The CEO said that the discussion regarding long term contracts will be ended soon. It will be finalized by next month at the most. However, in view of the competition from Jio and Airtel, the company has made full preparations to launch 5G in some telecom circles soon.
The company is engaged in phasing out 3G networks from all telecom circles across the country, so that the band can be vacated for 5G service. The company had more than 4.17 lakh broadband sites as of June 30, 2024. In the last few weeks, the company has added more than 6,600 new 4G sites. Vi is also preparing to improve indoor coverage in 14 telecom circles of the country.
