Vodafone Idea YET TO ACHIEVE PROFITABLE CONNECTIVITY

Looking at the company's solvency and liquidity position, it has significant amount of liabilities which are greater than the assets, making the shareholders' equity negative

Vodafone Idea Limited, a collaborative endeavour between the esteemed Aditya Birla Group and the globally recognised Vodafone Group, commands a prominent position as India's foremost telecommunications service provider. In March 2017, it was announced that Vodafone India and Idea Cellular would merge. The merger got approval from the Department of Telecommunications in July 2018. On August 30, 2018, the National Company Law Tribunal gave the final nod to the Vodafone-Idea merger, which was completed on August 31, 2018, and the new entity was named Vodafone Idea Limited.

Catering to the diverse needs of consumers, the company offers comprehensive voice and data services spanning the entire spectrum from 2G, 3G and 4G platform, seamlessly connecting millions of users across the nation. The company is steadfast in its commitment to delivering unparalleled customer experiences while actively contributing to the realisation of a digitally empowered India. Through ongoing infrastructure development initiatives, the company is at the forefront of introducing innovative technologies, ensuring that both retail and enterprise clients are equipped for the future with forward-thinking solutions.