Vodafone Idea Launches 5G Services in Mumbai, Plans Nationwide Expansion
The company introduces affordable plans with unlimited 5G data and commits significant investments to compete with market leaders.
- Vodafone Idea's 5G network is now live in Mumbai, with plans to expand to Bihar, Delhi, Karnataka, and Punjab by April 2025.
- The company offers introductory unlimited 5G data across prepaid and postpaid plans, starting at Rs. 299 for prepaid users.
- The 5G rollout leverages Nokia's next-generation equipment and AI-powered Self-Organizing Network (SON) technology for optimized performance.
- Vodafone Idea has committed Rs. 50,000-55,000 crore over the next three years for network expansion, supported by Rs. 26,000 crore in recent equity fundraising.
- Despite a near 5% surge in stock prices following the launch, Vodafone Idea continues to lag behind competitors Reliance Jio and Bharti Airtel, which have achieved nationwide 5G coverage.