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Business Upturn
3 days ago
- Business
- Business Upturn
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.
Economic Times
3 days ago
- Business
- Economic Times
Vodafone Idea shares in focus after launching 5G services in Bengaluru
Vodafone Idea (Vi) has launched its 5G services in Bengaluru, with commercial access starting June 11. This follows earlier rollouts in Mumbai, Delhi-NCR, Patna, and Chandigarh. Vi plans to expand 5G across all 17 priority circles by August 2025. Bengaluru users with 5G-enabled devices and plans starting at Rs 299 can enjoy unlimited 5G data under an introductory offer. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads 4G upgrades in Karnataka Share Price Target and Performance Shares of Vodafone Idea (Vi) will be in focus on Wednesday after the company announced the rollout of its 5G services in Bengaluru, with commercial access set to begin on June 11. This marks an expansion of Vi's next-gen network, following earlier deployments in Mumbai, Delhi-NCR, Patna, and to the company, Vi 5G aims to deliver faster data speeds, lower latency, and enhanced connectivity for both consumers and businesses. The rollout is part of Vi's broader plan to launch 5G services across all 17 priority circles — where it holds spectrum rights — by August in Bengaluru with 5 G-enabled devices and plans starting at Rs 299 can access unlimited 5G data under an introductory offer. The service is designed to support high-demand use cases such as streaming, gaming, video conferencing, and cloud computing.'We're excited to bring Vi 5G to Bengaluru, a city at the forefront of tech and digital innovation. With our next-gen 5G and enhanced 4G network, we aim to deliver an improved experience to our users,' said Anand Dani, Business Head – Karnataka, Vodafone has partnered with Samsung to deploy energy-efficient infrastructure and AI-powered Self-Organizing Networks (SON) to optimise performance automatically. The network uses high-transmit-power, multi-technology radios to boost efficiency and reduce environmental its 5G launch, Vi has also upgraded its 4G network across Karnataka over the past 10 months. The company expanded indoor coverage by deploying 900 MHz spectrum at nearly 3,000 sites, increased 2100 MHz capacity at 1,800 sites, added new 2100 MHz coverage in 1,000 locations, and expanded 1800 MHz capacity at over 4,100 sites. These upgrades have boosted network capacity by 46% since March 2024, according to company said it remains focused on scaling its network to meet growing digital demand. Details on supported devices, coverage, and pricing are available on its to Trendlyne, the average target price for Vodafone Idea is Rs 8, indicating an upside of about 9% from current levels. Of the 16 analysts tracking the stock, most have a 'Buy' of Vodafone Idea closed 1.13% lower at Rs 6.97 on the BSE in the previous session. The stock is down 56% over the past 12 months and 13% year-to-date.
Time of India
3 days ago
- Business
- Time of India
Vodafone Idea shares in focus after launching 5G services in Bengaluru
Shares of Vodafone Idea (Vi) will be in focus on Wednesday after the company announced the rollout of its 5G services in Bengaluru, with commercial access set to begin on June 11. This marks an expansion of Vi's next-gen network, following earlier deployments in Mumbai, Delhi-NCR, Patna, and Chandigarh. According to the company, Vi 5G aims to deliver faster data speeds, lower latency, and enhanced connectivity for both consumers and businesses. The rollout is part of Vi's broader plan to launch 5G services across all 17 priority circles — where it holds spectrum rights — by August 2025. Customers in Bengaluru with 5 G-enabled devices and plans starting at Rs 299 can access unlimited 5G data under an introductory offer. The service is designed to support high-demand use cases such as streaming, gaming, video conferencing, and cloud computing. 'We're excited to bring Vi 5G to Bengaluru, a city at the forefront of tech and digital innovation. With our next-gen 5G and enhanced 4G network, we aim to deliver an improved experience to our users,' said Anand Dani, Business Head – Karnataka, Vodafone Idea. Vi has partnered with Samsung to deploy energy-efficient infrastructure and AI-powered Self-Organizing Networks (SON) to optimise performance automatically. The network uses high-transmit-power, multi-technology radios to boost efficiency and reduce environmental impact. Also Read: Swiggy, Radico Khaitan among 7 stocks on which brokerages initiated coverage, see up to 34% upside 4G upgrades in Karnataka Alongside its 5G launch, Vi has also upgraded its 4G network across Karnataka over the past 10 months. The company expanded indoor coverage by deploying 900 MHz spectrum at nearly 3,000 sites, increased 2100 MHz capacity at 1,800 sites, added new 2100 MHz coverage in 1,000 locations, and expanded 1800 MHz capacity at over 4,100 sites. These upgrades have boosted network capacity by 46% since March 2024, according to Vi. The company said it remains focused on scaling its network to meet growing digital demand. Details on supported devices, coverage, and pricing are available on its website. Also Read: JSW Steel, Aurobindo Pharma among 6 large & midcap firms with promoter pledge decline in Q4 Share Price Target and Performance According to Trendlyne, the average target price for Vodafone Idea is Rs 8, indicating an upside of about 9% from current levels. Of the 16 analysts tracking the stock, most have a 'Buy' rating. Shares of Vodafone Idea closed 1.13% lower at Rs 6.97 on the BSE in the previous session. The stock is down 56% over the past 12 months and 13% year-to-date. Also Read: Civil War has begun! Rich Dad Poor Dad author Robert Kiyosaki warns of global chaos, backs Bitcoin as the only safe haven ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
