Vodafone Idea, established in 2018, is a leading telecom provider in India with 21.98 crore subscribers.
Offers 2G, 3G, 4G 5G services, postpaid/prepaid plans, value-added services, and cloud storage.
Operating revenue increased, but profit after tax has been negative for the last three years.
Total assets as of March 2023: INR 207,242.70 crore, long-term liability: INR 221,579.10 crore.
Net cash flow from operations as of March 2023: INR 18,868.70 crore.
Operating Profit Margin: -15%, Net Profit Margin: -69%, Debt to Equity Ratio: -0.18.
Raised INR 18,000 crore in April 2024 to tackle debt and expand 5G and 4G networks.
Large subscriber base, nationwide service.
High debt, competition from Jio and Airtel.
5G rollout, rural market expansion.
Debt burden, intense competition, regulatory changes.
Vodafone Idea aims to enhance network performance and customer service despite financial challenges.