
Vodafone Idea expands ‘Vi Guarantee Program' to offer extra validity to 2G users
Vodafone Idea
(Vi) on Tuesday launched the '
Vi Guarantee Program
', under which it will credit an extra validity of 24 days over 12 months, ensuring these users can seamlessly access voice and data services.
Vi said the benefit of 24 days extra validity will be credited over a 12-month period, wherein two days extra validity will be credited with every unlimited voice recharge pack of ₹199 and above.
Today's announcement comes close on the heels of Vi saying it will expand its commercial fifth-generation (5G) services to 23 more cities nationwide.
The Vi Guarantee programme aims to address a long-standing challenge faced by voice-only or low data usage prepaid customers, which is the need to recharge again within the same month. With traditional 28-day packs, customers often recharge twice in a single calendar month or sometimes continue with interrupted service.
'With the introduction of Vi Guarantee, customers will now get 30 days of service validity instead of the usual 28 days, enabling one recharge per month,' India's third-largest telco said.
MRP(in ₹)Pack benefitsPack benefits for Assam, North East, Odisha, Himachal Pradesh, Jammu & Kashmir & RajasthanPack ValidityExtra Validity benefit of Vi Guarantee199Unlimited Calls + 2GB + 300SMSUnlimited Calls + 3GB + 300SMS28 Days2 Days209Unlimited Calls + 2GB + 300SMS + Caller TunesUnlimited Calls + 3GB + 300SMS + Caller Tunes28 Days2 Days
Even on recharges with longer than 28-day validity, the additional two days will help bridge gaps in the recharge cycle, ensuring convenience and uninterrupted service.
Analysts estimate that India has about 250-300 million telecom subscribers using basic or keypad phones that support 2G only.
The Vi Guarantee Program is valid on Vi prepaid packs priced at ₹199 and ₹209, which offer unlimited calls, 2GB data, and 300 SMSes.
Pack benefits for Assam, North East, Odisha, Himachal Pradesh, Jammu & Kashmir & Rajasthan circles include unlimited calls, 3GB data, and 300 SMSes. The ₹209 pack additionally offers caller tunes benefit.
The telco had originally launched the Vi Guarantee programme for 4G and 5G customers last year, offering a total of 130GB extra data over one year, with 10GB being credited automatically every 28 days for 13 consecutive cycles. To avail of this, customers will need to be on daily data unlimited plans of ₹299 and above.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Hindu
a day ago
- The Hindu
The carbon cost of real estate
India's real estate sector stands on the threshold of a vital transformation. Traditionally shaped by policy reforms, consumer sentiment, and macroeconomic trends, it now faces a new market force: the cost of carbon. With India's Carbon Credit Trading Scheme (CCTS) launching in pilot form and commercial real estate entering PAT Cycle VI under the Bureau of Energy Efficiency (BEE), carbon management has shifted from voluntary green building efforts to mandatory financial discipline. This is more than an environmental compliance issue — it is an economic recalibration. According to the World Bank, nearly 24% of global emissions are now covered by carbon pricing instruments. Indian buildings, which account for approximately 25% of national emissions today, are poised to become regulated emitters with financial liabilities attached. Developers, investors, and occupiers must now answer a new question: not just 'what is the ROI?' but 'what is the carbon cost?' Carbon pricing is not a policy experiment — it's a new operating reality. The CCTS, enabled by the Energy Conservation (Amendment) Act 2022, will soon introduce emissions accountability for high-consumption sectors, including real estate. The scheme operates on a rate-based Emissions Trading System (ETS), meaning that entities will be assigned intensity benchmarks — like kilograms of CO₂ per square metre — and must meet or beat them or purchase credits to bridge the gap. Unlike the earlier PAT Scheme, which focused on industrial energy efficiency, CCTS will monetise carbon, creating market-driven consequences for poor energy performance. The Bureau of Energy Efficiency has already notified energy-use intensity norms for large buildings, and the upcoming National Carbon Registry will link energy audit outcomes to carbon credit eligibility. Pricing trajectory The pricing trajectory is already being tested. Internal calculations at BEE suggest that carbon credits may trade in the ₹800–₹2,000/tonne range during the pilot phase. For a five-lakh commercial asset emitting 3,000 tonnes annually, this could mean a ₹24 lakh–₹60 lakh recurring liability if corrective measures aren't taken. If the asset overperforms, it could generate surplus credits of equivalent financial value. This dual-edge market mechanism makes carbon performance an active profit-and-loss consideration for developers and asset owners. India's real estate is entering the regulatory lens traditionally reserved for industries like cement, steel, or thermal power. The reason is simple: real estate is responsible for 38% of global energy-related emissions, and in India, commercial buildings alone consume over 180-220 kWh/sq.m./year. When scaled nationally, this amount is more than the total power usage of Bangladesh or Sri Lanka. As CCTS evolves, so will the scrutiny around operational performance. Asset valuations will shift accordingly. A JLL India study from 2024 indicated that Grade-A office assets with IGBC or LEED Gold certifications command 8%–11% higher rental yields than their non-compliant peers. Additionally, buildings with smart meters, rooftop solar, or BMS systems enjoy average energy cost savings of 25%–30%, improving long-term NOI. Institutional capital is already adapting. Blackstone, Canada Pension Plan Investment Board (CPPIB), and GIC have begun stress-testing Indian real estate assets for ESG compliance. Green premiums are no longer abstract—they show up in deal valuations, especially in REITs. Embassy REIT, for instance, cited its portfolio's 87% green-certified area as a strategic differentiator in its FY24 investor presentation. Conscious occupiers Carbon pricing will not only shape asset ownership economics — it will reshape tenant behaviour. Occupiers, particularly global tech, finance, and consulting firms, are setting internal net-zero targets that require emissions tracking across leased spaces. In 2023, over 45% of Fortune 500 companies operating in India required sustainability disclosures from their landlords as part of lease negotiations. For example, in Bengaluru, a major US-headquartered technology company declined to renew its lease in a premium but non-certified commercial complex, opting instead for a nearby IGBC Platinum-rated building with a 17% higher lease rate. The reason? The new facility allowed for tenant-level emissions monitoring and reporting — a key requirement for their ESG reporting. This tenant shift is now influencing developers' leasing strategies. Green leases, which include shared responsibility for retrofits and energy savings, are gaining popularity. Landlords who can validate energy consumption in real time and participate in decarbonisation efforts are enjoying higher renewal rates and longer lease tenures. A 2024 survey by Colliers India revealed that 72% of tenants would pay more for spaces aligned with sustainability goals. In the era of carbon pricing, building performance is no longer just an engineering parameter — it's a leasing currency. Carbon performance is rapidly becoming a differentiator in capital access. Financial institutions in India and globally are integrating climate risk into their underwriting criteria. The Reserve Bank of India (RBI), in its latest discussion paper, encouraged banks to link risk weights to energy-efficiency performance. For developers, this means that greener buildings will receive more favourable financing terms—and potentially more patient capital. Indian commercial real estate has already seen green bonds grow from ₹3,500 crore in 2020 to over ₹11,000 crore in 2024. These bonds are increasingly used to fund green-certified projects with demonstrable carbon reductions. Axis Bank, SBI, and HDFC Ltd. now offer green home loan variants with 10-25 bps rate discounts for IGBC/ GRIHA properties. Moreover, the CCTS introduces the prospect of performance-linked lending. In the EU, banks offer carbon-linked loans where interest rates drop based on verified emissions cuts. This is likely to arrive in India within the next three years. Insurance is also adapting. No longer theoretical Delay will prove expensive as carbon costs are no longer theoretical — they're operational. The smartest developers are now stress-testing their entire pipeline for carbon risk. From conceptual stage to post-occupancy, every decision—from facade material to HVAC selection — impacts emissions exposure. At present, retrofitting a 5-lakh commercial building with solar, VFD pumps, and BMS can cost ₹4 crore–₹6 crore. But with energy savings of 25%-35% and potential carbon credits of 1,500–2,000 tonnes/year, the payback period often falls below five years. In contrast, inaction will soon invite penalties and carbon liabilities exceeding ₹50 lakhs/year for large assets. Some developers are already adapting. RMZ Corp has integrated whole-life carbon analysis into its project planning. Godrej Properties now includes ESG scoring in site selection and capital allocation. These are no longer niche practices — they are rapidly becoming industry standards. The Bureau of Energy Efficiency has proposed mandatory energy-use disclosures in building sanction processes by 2026. Urban local bodies may soon embed carbon offsets in Floor Area Ratio (FAR) approvals, much like London's boroughs. In an economy poised to grow and urbanise rapidly, real estate is uniquely positioned to decouple growth from emissions. Those who embrace this transition will access cheaper capital, retain premium tenants, and build portfolios that are future-ready. The carbon clock is ticking — and the smartest in the industry are already ahead of it. The writer is CEM, CEA, CMVP, EIT, LEED Green Associate.


Business Standard
a day ago
- Business Standard
Vodafone Idea Q1 revenue inches higher, losses widen
Vodafone Idea reported a wider loss in Q1 FY26 despite modest growth in revenue. On a consolidated basis, net loss stood at Rs 6,608.1 crore in Q1 FY26 higher than Rs 6,432.1 crore in Q1 FY25. Revenue from operations rose 4.9% YoY to Rs 11,022.5 crore from Rs 10,508.3 crore in Q1 FY25. Cash EBITDA came in at Rs 2,180.7 crore in Q1 FY26, up 3.7% from Rs 2,103.3 crore in Q1 FY25. However, cash EBITDA margin slipped marginally to 19.8% from 20% last year. Reported EBITDA stood at Rs 4,612.1 crore in Q1 FY26, higher than Rs 4,204.7 crore in Q1 FY25, with margin improving to 41.8% from 40%. Capex for the quarter stood at Rs 2,440 crore. The companys debt from banks was reduced to Rs 1,930 crore as of 30 June 2025, while cash and bank balance stood at Rs 6,830 crore. Operationally, ARPU improved 15% YoY to Rs 177 from Rs 154 in Q1 FY25, driven by tariff revisions and customer upgrades. Its total subscriber base stood at 197.7 million. The 4G/5G subscriber base rose to 127.4 million versus 126.7 million last year. Coverage also expanded, with 4G now reaching ~84% of the population. Data consumption surged, with 4G capacity rising 36% and 4G speeds up 24% versus March 2024. The company also announced a strategic partnership with AST SpaceMobile to deliver satellite broadband connectivity in remote regions lacking terrestrial networks. Akshaya Moondra, CEO, Vodafone Idea, said "This has been a decisive turnaround quarter. The investments made over the past three quarters to expand our 4G coverage have started yielding results, as reflected in the 90% lower subscriber loss compared to Q2 and Q3 of last financial year, being the lowest subscriber decline since merger. Our 5G services are now operational in 22 cities across 13 circles, and we are committed to systematically expanding our 5G footprint, in line with growing 5G handset adoption. We are encouraged by the momentum across our core business metrics. Data consumption has hit a record high driven by the success of our SuperHero and Non-stop SuperHero plans. With a solid foundation in place, we are well positioned to seize emerging growth opportunities in the industry. We continue to invest in capex and to support our broader capex plans of Rs. 500-550 billion, we remain engaged with lenders to secure debt financing." Indias third-largest telecom operator, Vodafone Idea is backed by Aditya Birla Group and Vodafone Group. The company holds 5G spectrum in 17 circles and mmWave spectrum in 16 circles, offering services across 2G, 4G and expanding 5G networks. Shares of Vodafone Idea fell 3.45% to settle at Rs 6.15 on 14 August 2025.


Mint
2 days ago
- Mint
New CEO at Vodafone Idea, but revival hinges on fundraise, govt relief
A leadership change at Vodafone Idea is not expected to immediately change the company's outlook, with analysts and proxy advisory firms noting that its revival will rely more on fresh capital and policy support than on the change in leadership. On Thursday, the telecom operator announced the appointment of chief operating officer Abhijit Kishore as chief executive officer (CEO) from 19 August for three years. This follows the completion of the current CEO, Akshaya Moondra's term. However, industry experts caution that this change is unlikely to alter the company's trajectory unless accompanied by substantial financial and policy support. Vi continues to face mounting losses, a staggering ₹2 trillion in government dues, and stalled fundraising efforts. The end of a four-year moratorium on regulatory payments this September adds urgency, with ₹16,428 crore in AGR dues due by March 2026 and ₹2,641 crore in deferred spectrum payments by June. Kishore's immediate priorities could include negotiating with the government for relief and securing bank funding to support a planned ₹50,000–55,000 crore capex over the next three argue that the leadership change is routine and that Vi's survival hinges on external factors. 'Vodafone Idea's problems can ultimately be traced back to the delays in the legal system," said J.N. Gupta, founder and managing director of Stakeholders Empowerment Services, a not-for-profit proxy advisory firm. The leadership change appears routine, and the company's survival now hinges on relief from its AGR-related dues. The court's refusal to even address the so-called calculation mistakes is intriguing, he added. 'The change in leadership can neither be viewed positively nor negatively," added Shriram Subramanian, founder and managing diorector of InGovern Research. 'The business now is not dependent on who leads but on funds." Tough times The Supreme Court's recent rejection of Vi's plea to waive ₹45,000 crore in interest and penalties on the ₹83,400 crore pending adjusted gross revenues (AGR) dues has further strained its prospects. Vi warned that without relief, it may not survive beyond the current fiscal year. 'In the Company's view, this dismissal does not preclude it from further engaging with the Government of India (Gol) based on its foreseeable cashflows for arriving at an appropriate solution on the AGR matter before the next instalment date," Vodafone Idea said in its June quarter financial statement. It hopes to receive government support, arrange funds and generate cash flow from operations. Reduction in finance cost depends upon the company clearing government dues, which can only be achieved after relief from the government or the company generating enough funding to clear the dues. For cash flow improvement, Vi is taking network upgrades in a bid to arrest subscriber churn. Further, data consumption on the network is also increasing, thereby leading to higher average revenue per user. As of June end, the company's Arpu was at ₹165, up from ₹164 in the preceding quarter and ₹146 in the year-ago period. To be sure, Kishore, who will take charge as Vodafone Idea CEO, has been associated with the company since March 2015 and has held multiple senior leadership roles within the organization, both at circle operations and corporate levels, the company said. Meanwhile, the telecom company's 5G services are now operational in 22 cities across 13 circles, and it will systematically expand its 5G footprint, in line with growing 5G handset adoption. In the January-March quarter earnings call, Moondra had said, '(With) the capex, which is already under execution, we should be reaching a level of 84% of (4G) population coverage. I believe we will move up from 84%, but to get to 90% (the capex) has got linkages with bank funding. The company had increased its 4G coverage to 83% as of March-end from 77% a year ago." New CEO's challenges Prior to taking on the role of chief operating officer (COO), he headed the company's enterprise business as the chief enterprise business officer. He has also been the circle business head for Gujarat and Kerala circles, where he successfully launched the first 4G in India. 'When you pick up someone from inside, you try to weigh the fact that the person is an insider and knows the business. Looking at Vodafone Idea, which is behind the competition and facing financial challenges, it will be a tough task for the new CEO to turn around the company," said Faisal Kawoosa, chief analyst at Techarc, a technology market research firm. According to Kawoosa, the task before the new CEO would be to convince lenders or investors to get funds and take up financial discipline measures within the company to stay afloat. Outgoing CEO Moondra, who was chief financial officer (CFO) at Idea Cellular from June 2008 to August 2018, played a crucial role in stitching the Vodafone-Idea merger in 2018. The deal took place during one of the most turbulent periods for India's telecom sector when Mukesh Ambani-led Jio rolled out unlimited 4G plans and slashed data rates, forcing Airtel and other rivals to follow suit.