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Welcome to My Video Description,
Vodafone Idea concludes mega $3.6 bn deal with three global network partners
Deal marks largest capex investment by VIL; paves the way for rapid network upgradation
Vodafone Idea (“VIL” or “Company”) has concluded a mega ~USD 3.6 billion (~Rs. 300 billion) deal with Nokia,
Ericsson and Samsung, for supply of network equipment over a period of three years. The deal marks the first
step towards the rollout of the company’s transformative three-year capex plan of ~USD 6.6 billion (Rs. 550
billion). The capex programme is directed towards expanding the 4G population coverage from 1.03 billion to
1.2 billion, launching 5G in key markets and capacity expansion in line with data growth. The Company has
continued with its existing long-term partners Nokia and Ericsson and also onboarded Samsung as a new
partner.
These contracts will allow the Company to quickly capitalize on the latest state-of-the-art equipment to offer
enhanced customer experience. Further, the learnings and insights obtained by the vendors in the Indian
market over the last two years, will enable the company to embark on a more flexible and modular rollout
plan by customising the services for all advanced technologies (4G & 5G). In addition, the new equipment will
also lead to efficiency gains in energy and thus lower operating costs. The supplies against these new longterm awards will start in the coming quarter. The top priority for the Company is to expand the 4G coverage
to 1.2 billion Indians.
Post the recent equity raise of Rs. 240 billion and additional spectrum acquisition of Rs. 35 billion in June 2024
auction, the Company has also executed some quick win Capex, while simultaneously working on concluding
these long-term contracts. These quick wins were mainly by way of deployment of more spectrum on existing
sites and also the roll out of some new sites. This is resulting in ~15% boost in capacity and an increase in
population coverage by 16 million by end September, 2024. We are already witnessing an improvement in
customer experience in select geographies where these rollouts have been completed.

#Vi
#Samsung
#ViNewUpdate
#Ericsson
#Samsung
#Vi5GUpdate

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