Vodafone Idea shares jump nearly 3% after company launches its 5G services in Bengaluru
Vodafone Idea (Vi) shares jumped nearly 3% in morning trade after the company announced the launch of its 5G services in Bengaluru, starting tomorrow. This marks a major milestone in Vi's nationwide 5G rollout, following successful launches in Mumbai, Delhi-NCR, Patna, and Chandigarh. As of 9:57 AM, the shares were trading 1.58% higter at Rs 7.08.
The Bengaluru launch will deliver high-speed data, low latency, and enhanced connectivity to India's tech hub. Vi aims to complete 5G rollout across all 17 priority circles by August 2025. Bengaluru users with 5G-enabled smartphones can enjoy ultra-fast speeds, seamless streaming, lag-free gaming, and real-time cloud access.
As a promotional offer, Vi is offering unlimited 5G data on plans starting from ₹299. This move targets the city's tech-savvy users, enhancing their digital experience.
To ensure a robust and sustainable 5G network, Vi has partnered with Samsung to deploy energy-efficient infrastructure and AI-powered Self-Organizing Networks (SON). These technologies optimize network performance while supporting green initiatives.
In parallel, Vi has significantly upgraded its 4G network across Karnataka. Over the last 10 months, it has improved indoor coverage by deploying 900 MHz spectrum across 3,000 sites, enhanced 2100 MHz capacity on 1,800 sites, and boosted 1800 MHz coverage at over 4,100 locations—raising total network capacity by 46% since March 2024.
Vodafone Idea shares opened at ₹6.96 and, at the time of writing, touched a high of ₹7.17 in today's trade, showing mild upward momentum. The stock's low stood at ₹6.95. Currently trading near its 52-week low of ₹6.46, the stock remains far below its 52-week high of ₹19.18.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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