Telecom sector company Vodafone Idea Limited is on the radar of investors on Wednesday and it is also getting a boom. The company’s share opened with an increase and was trading at Rs 7.03 with a gain of 1 per cent by press time. This is happening because the company has announced that it is starting its 5G services in Bengaluru. People will be able to start using it from June 11. It is part of the company’s plan to expand its advanced network, already available in cities like Mumbai, Delhi-NCR, Patna and Chandigarh.
5G service launched
The company has announced that it has launched 5G services in Bengaluru. Vodafone Idea (VI) says its 5G service is designed to give fast internet, low downtime and better connectivity for both regular users and businesses. The launch is part of the VI’s large plan to bring 5G to all 17 major areas by August 2025, where it has the rights to use 5G spectrum.
Customers who have 5G-ready phones in Bengaluru and who recharge with a plan starting at Rs 299 can avail unlimited 5G data under a special introductory offer. The 5G service is designed to handle activities that require high-speed internet, such as video streaming, playing online games, making video calls and using a cloud-based app.
Vodafone Idea’s business head Anand Dani said that he is happy to launch the VI 5G in Bengaluru, which is known for technology and digital development. He said that with his new 5G and better 4G network, they want to provide better experiences to users.
Vodafone Idea (VI), in association with Samsung, has deployed a smart technique called energy efficient infrastructure and AI-operated Self-Organizing Network (SON), which automatically improves the performance of the network. They are using powerful, multi-technology radio that work with various techniques to make the network more efficient and environmentally friendly.
Mutual funds have also increased stake
Mutual funds have also increased their stake in stock. According to the trendline, the Mutual Fund increased its stake in the stock from 3.72 percent to 4.50 percent in the March 2025 quarter.