Vodafone Idea To Roll Out 5G In Mumbai By March; Delhi, Bengaluru And Other Cities By April

Vodafone Idea Ltd. on Tuesday announced that it is planning to commercially launch its 5G services in Mumbai in March. The telco further said that it will launch its 5G services for the states of Delhi, Bengaluru, Chandigarh, and Patna in April.

"The commercial launch of 5G services in Mumbai is planned for March 2025 and Delhi, Bangalore, Chandigarh and Patna for April 2025," the telco said in an exchange filing.

The telecom giant noted that it has acquired 5G spectrum in the mid band (3300 MHz) and mmWave (26 GHz) in the July 2022 spectrum auction and is working towards launch of 5G services.

In addition, it said that the government's waiver of bank guarantees for past spectrum purchases would go a long way in ensuring expansion of network coverage in India.

VIL's consolidated net loss narrowed in the third quarter of financial year 2024-25. The telecom firm posted a loss of Rs 6,609 crore in the October–December period in comparison to Rs 7,175.9 crore in the preceding quarter.

The company has said that it has rapidly expanded its 4G coverage and capacity, adding that it is on track to achieve our 4G population coverage target of 110 crore by March 2025 and plan to further increase it to 120 crore in the future.

"We are driving investments and the velocity of capex deployment is set to accelerate in the coming quarters," Chief Executive Officer Akshaya Moondra said. "Concurrently, the phased rollout of 5G services is underway, targeting key geographies."

"With the recent equity infusion of Rs 1,910 crore from one of our promoters, we have now secured approximately Rs 26,000 crore in fresh equity capital over the past 10 months," the CEO said.