Vodafone Idea (Vi) has presented an investor presentation highlighting its progress. Key achievements include repaying ₹36,500 Cr in bank debt and securing a ₹6,400 Cr settlement from Vodafone Group. The company plans a ₹45,000 Cr investment over the next three years focused on network expansion and service improvements. Vi aims for sustained subscriber addition, double-digit revenue growth and triple its cash EBITDA in three years.
Recent Financial Achievements
Vodafone Idea (Vi) has successfully repaid ₹36,500 Cr of bank debt. The company also finalized a settlement worth ₹6,400 Cr with the Vodafone Group, showing commitment from its promoters. These steps highlight improved financial stability.
Network Investment and Expansion
Vi plans to invest ₹45,000 Cr over the next three years to strengthen its network infrastructure. This investment targets improved coverage and enhanced 5G services. As a result of prior investment, Vi now covers 100 million incremental population with broadband sites and has seen a +22% increase in average data speeds. 1,17,000 new broadband sites were added since the FPO. The company reports a +43% increase in data capacity as well.
Strategic Focus and Future Outlook
Vi aims for sustained growth by concentrating on customer experience, strategic partnerships, and digital innovation. The company aims for sustained subscriber additions, double-digit revenue growth, and to triple cash EBITDA in the next three years. Revenue growth in invested sites is +5.7% higher than the rest of the network.
Key Performance Indicators
Recent data shows improvements in key performance indicators (KPIs), suggesting positive momentum:
Increased Broadband Sites: From 172,000 to 198,000.
Subscribers are up from 125.9 million to 128.5 million.
Data Usage increase from 60.7 PB/Day to 76.5 PB/Day.
ARPU increased from ₹166 to ₹186.
Revenue & EBITDA are trending up.
Operational Efficiencies
Vi has focused on operational efficiencies, and has fulfilled its liabilities towards lenders and partners. Recent non-convertible debenture (NCD) raise of ₹3,300 CR demonstrates the confidence of marquee investors.
Source: BSE