logo
Vodafone Idea launches ‘Nonstop Hero' prepaid packs in more circles

Vodafone Idea launches ‘Nonstop Hero' prepaid packs in more circles

Time of India22-05-2025

NEW DELHI:
Vodafone Idea
(Vi) on Thursday launched its '
Nonstop Hero
' prepaid packs in Kolkata and Maharashtra & Goa circles.
The Vi
Nonstop Hero
prepaid packs are priced at ₹398, ₹698, and ₹1,048, which offer 28 days, 56 days, and 84 days' validity, respectively. All these plans provide truly unlimited data along with unlimited calls and 100 SMS per day.
'With mobile data powering everything from work to education to health to leisure to lifestyle, the demand for a reliable, worry-free data experience has never been greater,' Vi said in a statement.
'Designed to address the issue of data quota exhaustion for prepaid customers, the Nonstop Hero Plan aims to offer a worry-free data experience throughout the entire validity period,' Vi said.
Citing a recent report by the Centre for Digital Economy & Policy Research, Vi said that the
data consumption in India
has grown by 288 times over the last 10 years.
As per the Telecom Regulatory Authority of India's (TRAI) latest annual report, backed by increased penetration of affordable smartphones, the number of internet subscribers in the country surged from 88.1 crore in March 2023 to 95.4 crore by March 2024 and average monthly data usage per user reached 20.27GB as of March 2024.
'The Vi Nonstop Hero plan caters to this booming demand for high-speed connectivity, offering truly unlimited data along with unlimited voice calls, across three recharge packs,' Vi said.
These plans are already available in Andhra Pradesh & Telangana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Rajasthan, Madhya Pradesh, Chhattisgarh, Tamil Nadu, Assam & North-East and Orissa circles.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal
Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal

Economic Times

time2 hours ago

  • Economic Times

Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Ericsson India Pvt Ltd has sold off its around 0.6% stake in Vodafone Idea (Vi) via a bulk deal to undisclosed buyers, raising Rs 428.43 crore. As per NSE bulk deal data, Ericsson India sold 63.37 crore shares in Vi at Rs 6.76 apiece details were not immediately available. Shares of Vi closed 3.69% lower at Rs 6.78 on the BSE Tuesday. At press time, Vi and Ericsson India did not respond to ET's Ericsson stake sale comes just over a month after Nokia Solutions and Networks India Pvt Ltd had sold off its 0.95% stake in Vi in late-April via a similar bulk deal to marquee global investment banks, including Goldman Sachs, amongst others, raising Rs 785.67 crore. Nokia Solutions and Networks India had sold 102.7 crore shares in Vi at Rs 7.65 year, Vi had allotted 63.37 crore shares to Ericsson via a preferential issue at Rs 14.80 a share to clear a portion (read: Rs 938 crore) of its dues to the Swedish networks vendor. Likewise, it had also allotted 102.7 crore equity shares to Nokia via the preferential issue at Rs14.80 a share to clear about half (read: Rs 1,520 crore) of its dues to the Finnish network solutions exercise was part of Vi's plans to raise up to Rs 2,458 crore via a preferential share issue to its vendors, Nokia and Ericsson to clear a portion of their pending Nokia Solutions and Networks India and Ericsson India had acquired 1.47% and 0.9% stakes in Vi respectively, post-allotment of the equity shares.'But after the government recently boosted its holding in Vi to 49%, Nokia and Ericsson's stakes had got diluted to around 0.95% and a shade below 0.6% respectively,' a person aware of the details government had recently converted Rs 36,950 crore of Vi's outstanding spectrum dues into equity shares, which boosted its stake in the telco to 49% from 22.6% previously. The conversion will reduce Vi's statutory liabilities and is slated to give it some cash flow relief over the next three years.

Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal
Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal

Time of India

time2 hours ago

  • Time of India

Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal

Ericsson India Pvt Ltd has sold off its around 0.6% stake in Vodafone Idea (Vi) via a bulk deal to undisclosed buyers, raising Rs 428.43 crore. As per NSE bulk deal data, Ericsson India sold 63.37 crore shares in Vi at Rs 6.76 apiece Tuesday. Buyer details were not immediately available. Shares of Vi closed 3.69% lower at Rs 6.78 on the BSE Tuesday. At press time, Vi and Ericsson India did not respond to ET's queries. The Ericsson stake sale comes just over a month after Nokia Solutions and Networks India Pvt Ltd had sold off its 0.95% stake in Vi in late-April via a similar bulk deal to marquee global investment banks, including Goldman Sachs, amongst others, raising Rs 785.67 crore. Nokia Solutions and Networks India had sold 102.7 crore shares in Vi at Rs 7.65 apiece. Last year, Vi had allotted 63.37 crore shares to Ericsson via a preferential issue at Rs 14.80 a share to clear a portion (read: Rs 938 crore) of its dues to the Swedish networks vendor. Likewise, it had also allotted 102.7 crore equity shares to Nokia via the preferential issue at Rs14.80 a share to clear about half (read: Rs 1,520 crore) of its dues to the Finnish network solutions major. The exercise was part of Vi's plans to raise up to Rs 2,458 crore via a preferential share issue to its vendors, Nokia and Ericsson to clear a portion of their pending dues. Live Events Consequently, Nokia Solutions and Networks India and Ericsson India had acquired 1.47% and 0.9% stakes in Vi respectively, post-allotment of the equity shares. 'But after the government recently boosted its holding in Vi to 49%, Nokia and Ericsson's stakes had got diluted to around 0.95% and a shade below 0.6% respectively,' a person aware of the details said. The government had recently converted Rs 36,950 crore of Vi's outstanding spectrum dues into equity shares, which boosted its stake in the telco to 49% from 22.6% previously. The conversion will reduce Vi's statutory liabilities and is slated to give it some cash flow relief over the next three years.

‘Vodafone Idea's capex plan unlikely to help regain subs; faces ₹20,000 crore annual cash shortfall'
‘Vodafone Idea's capex plan unlikely to help regain subs; faces ₹20,000 crore annual cash shortfall'

Time of India

time8 hours ago

  • Time of India

‘Vodafone Idea's capex plan unlikely to help regain subs; faces ₹20,000 crore annual cash shortfall'

NEW DELHI: Vodafone Idea (Vi) planned capital expenditure (CapEx) of ₹50,000-55,000 crore over the next two to three years is unlikely to significantly help the ailing telecom carrier regain subscribers that have migrated to rival Reliance Jio and Bharti Airtel 's networks, according to Motilal Oswal . 'Vi continues to lose market share to peers due to lower ARPU translation, given its inferior subscriber mix and elevated subscriber churn,' the brokerage firm said in a report, seen by ETTelecom. 'Despite the likely capex, we believe regaining subscribers would be a tall ask for Vi, given its peers' superior free cash flow generation and deeper pockets,' it added. Motilal Oswal estimated that Vi's capex increased to ₹4,200 crore in Q4FY25, the highest since the merger of Vodafone and Idea Cellular, with the overall FY25 capex rising to ₹9,600 crore. 'Despite equity infusion and acceleration in capex, Vi continued to lose market share to peers. On our estimates, it lost ~130bp in subscriber market share (SMS) and ~155bp in revenue market share (RMS) in FY25, among the three private telcos,' the brokerage said. In the fourth quarter (Q4) of fiscal year 2025, Vi's net loss widened sequentially to ₹7,166 crore, from ₹6,609 crore in Q3FY25. Last week, its board of directors approved raising around ₹20,000 crore more, which is seen as crucial to investing in the expansion of its 4G and 5G networks and arresting subscriber churn. The telecom joint venture between India's Aditya Birla Group and the UK's Vodafone Group Plc has been unable to control subscriber declines despite launching commercial fifth-generation (5G) services in key markets in the January-March 2025 quarter, including Delhi and Mumbai. In the December 2024 quarter, subscriber base had fallen below the 200 million mark for the first time since its merger in 2019. In the March 2025 quarter, it further declined to 198.2 million. 'We believe the company's network investments remain contingent on debt raise, which, in turn, is dependent on continued support/AGR relief from GoI (₹200 bn+ (₹20,000 crore) annual cash shortfall over FY26-31E),' the brokerage firm said. According to the report, the stabilisation of Vi's subscriber base, along with further relief from the government of India, remains imperative for the telco's long-term survival. 'Further, with no relief so far on AGR dues (repayments commence March 2026) and no breakthrough on the debt raise, we believe Vi is likely to face an annual cash shortfall of ~₹200 bn (₹20,000 crore) and may be unable to meet its capex guidance of ₹500-550 bn (₹50,000-55,000 crore) over FY25-27E,' the brokerage said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store