On 31 August 2018, Vodafone India merged with Idea Cellular, to form a new entity named Vodafone Idea Limited. Vodafone currently holds a 45.1% stake in the combined entity and Aditya Birla Group holds a 26% stake. After two years of direct competition from rival jio. Vodafone Idea Limited an Indian Telecom Operator finally rebranded as VI together for tomorrow trademark. Vi reads as We. Vodafone Idea is providing 2G, 3G, and 4G, 4G+, and Volte services to customers.
On 7 September 2020, Vodafone Idea unveiled its new brand identity, ‘Vi’ which involves the integration of the company’s erstwhile separate brands ‘Vodafone’ and ‘Idea’ into one unified brand. The company’s final step to integrate two entities as one re-branded as Vi to attract new customers. Vodafone Idea is one of the Biggest Telecommunication companies in India. Rival like Jio, Bharti Airtel, and Tata Communications.
Vi is built to be strong, ever-dependable, agile, intuitive, and a brand in tune with the needs of the customers, in these ever-changing times. It is designed to help customers move ahead in life, for a better today and a brighter tomorrow. Vi is future-ready and is committed to dynamically serve and enable a digital society to progress in life.
Launching the new brand, Ravinder Takkar, MD & CEO, Vodafone Idea Limited Said” Vodafone idea came together as merged entity two years ago. We have, since then focus on integrating two large networks, our people and processes. And today I am delighted to present Vi, a brand that will bring important meaning to the lives of our customers. Indians are optimistic and want to get ahead of life. They would love a credible partner to help them on this journey. Vi’s positioning is built around the promise and will be focussed on meeting the customer needs to help theme thrive.
Last week, the company received approval from shareholders to sell a stake worth $3.4 billion by selling shares and raising debt. The company received a much-needed relief in India earlier this month after the nation’s apex court granted Vodafone Idea and Bharti Airtel, another giant telecom operator in India, with 10 years to pay billions they owe to the government. Now Vodafone’s idea has a new identity to bringing customers to both brands as single entities.
Vodafone Idea’s share price rose as much as 4%, compared with a 0.06% drop in the Nifty 50, after the rebranding was announced on Monday. “The brand integration not only marks the completion of the largest telecom merger in the world but also sets us on our future journey to offer world-class digital experiences to one billion Indians on our strong 4G network,” Ravinder Takkar, managing director.
VIL is now leaner and agile, and the deployment of many principles of 5G architecture has helped us transform into a future-fit, digital network for the changing customer needs. The new brand launch signifies our desire to not just deliver, but delight our customers, stakeholder, communities and our employees and signals our passion and commitment to be a champion of Digital India. With Vi we are confident of building a brand that continues to command respect and trust and will be admired and loved by all. We look forward to your continued support as we get ready to deliver a VI experience.