Key Points
Vodafone Idea (Vi) is in advanced talks with various network vendors for finalisation of its much awaited 5G rollout strategy and has concluded device testing of all major OEMs (original equipment makers) on its upcoming next-gen mobile broadband network, the company said in its latest annual report for FY23...
Vodafone Ideas chairman Ravinder Takkar, in turn, has reiterated that the telco remains committed to ramping up 4G coverage and launching 5G..
The company will continue to make investments for expanding 4G coverage and capacity, especially in its 17 priority circles and introduce 5G services once funding is in place, Takkar said in Vis latest annual report...
The companys promoters have been widely expected to infuse around Rs 5,000 crore of fresh capital in tranches after the government converted the telcos accrued interest towards AGR arrears into equity in February this year and became its biggest shareholder with a 33.1% stake...
In its annual report, Vis chairman Takkar also said that telecom tariffs continued to remain unsustainable and needed to increase significantly from current levels to improve overall industry health and generate reasonable returns for operators to promote investments, including investments towards new and emerging technologies...
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