![]() Until 7 September 2020, Vodafone Idea Limited operated two separate brands: Vodafone and Idea who both operated pre-paid and post-paid GSM service. Vi lost a significant number of gross and active subscribers in the month of August 2020 after the merger. Under the terms of the deal, the Vodafone Group holds a 45.2% stake in the combined entity, the Aditya Birla Group holds 26% and the remaining shares will be held by the public. The merger created the largest telecom company in India by subscribers and by revenue. On 30 August 2018, National Company Law Tribunal gave the final nod to the Vodafone-Idea merger The merger was completed on 31 August 2018, and the newly merged entity was named Vodafone Idea Limited. The merger got approval from the Department of Telecommunications in July 2018. History Īnnounced in March 2017 that Idea Cellular and Vodafone India would merge. On 3 February 2023, Government of India approved and ordered the company to convert its AGRs due worth Rs.16100 Crore to equity, Thus making the Government of India as the single biggest shareholder in the cash strapped company in a call to give it a lifeline and prevent telecom market from turning into duopoly. On 7 September 2020, Vodafone Idea unveiled its new brand identity, 'Vi' which involves the integration of the company's erstwhile separate brands 'Vodafone' and 'Idea' into one unified brand. The company was created on 31 August 2018 by the merger of Vodafone India and Idea Cellular, to form a new entity named Vodafone Idea Limited. ![]() As of 31 October 2022, Vi has a subscriber base of 245.62 million, making it third largest mobile telecommunications network in India and 11th largest mobile telecommunications network in the world. It is an all-India integrated GSM operator offering 2G, 3G, 4G, 4G+, VoLTE, and VoWiFi service. Vodafone Idea (or Vi, and/but stylised as V!) is an Indian telecom operator with its headquarters based in Mumbai and Gandhinagar.
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