Vodafone-Idea in Talks with Vendors to Finalise 5G Rollout
Vodafone Idea (Vi) has concluded device testing of all major OEMs (original equipment makers) on its upcoming next-gen mobile broadband network and is in advanced talks with various network vendors to finalise its much-anticipated 5G rollout strategy, according to the company's latest annual report for FY23.
Ravinder Takkar, chairman of Vodafone Idea, has restated the telco's commitment to expanding 4G coverage and delivering 5G. "The company will continue to invest in expanding 4G coverage and capacity, particularly in its 17 priority circles, and will introduce 5G services once funding is secured," Takkar stated in Vi's most recent annual report.
The telecom joint venture between Vodafone Plc of the United Kingdom and Aditya Birla Group of India further stated that it is actively engaging with lenders and investors for additional funding.
In its most recent annual report, Vi stated that it is striving to bring 5G services to users, and that this would be accelerated upon completion of the fundraising. "...your company established select 5G clusters in Delhi and Pune, where it collaborated with various OEMs to test the compatibility of available 5G handsets."