Vodafone Idea (Vi), boosted by equity funding, is set to start rolling out next generation (5G) commercial services by March 2025 across 17 circles, starting with Delhi and Mumbai, and is aiming to reach at least 90% of India's population with 4G coverage by June next year, said its chief technology officer Jagbir Singh.
«We are going a little slow (wih 5G), but we will be doing 5G in Delhi and Mumbai first, and of course, all metros and major cities across 17 states (circles),» he told ET.
Vi, as part of a revival plan, has raised equity funding of ₹24,000 crore including ₹18,000 crore from a follow-on public offer. The telecom operator has said that the bulk of the funds will be used to beef up 4G coverage and roll out 5G as it strives to become more competitive against rivals Reliance Jio and Bharti Airtel and stop the decline in the number of subscribers.
«Today, nearly 1.03 billion people are covered with around 77% of 4G coverage. As of now, we want to go from this 77% to at least 90%,» Singh said, adding that the telecom operator would be able to achieve the target by June next year.
He expects the telco to arrest subscriber losses within a quarter of network completion.
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