Panicking Vodafone-Idea users rush to port to Airtel and Reliance Jio
By MYBRANDBOOK
Amidst fear of Vodafone- Idea leaving the Indian market, users are looking to port their network to Airtel and Reliance Jio.
If Vodafone goes belly up, its 336 million subscribers will be up for grabs. It’s a big chunk in the market that will now have to decide between Bharti Airtel and Reliance Jio.
This is surely good news for both, as India’s telecom sector will effectively become a duopoly that will lead to increase in traffic hurting the customers.
A quick review of Vodafone’s social media account shows that more users than usual are submitting request to port their numbers to other telecom services. Although the users did not specify the reason for leaving the public forum, Vodafone is asking them to send a direct message explaining why they want to leave before approving portability.
Vodafone idea clarified that currently they are unable to comment on the issue or frequency of people porting their connections to other networks ahead of earnings report.
Vodafone Idea subscriber base has been continuously falling since March 2019. In November, its gross subscriber base lost 3.64 million users – more than half of whom were from rural regions. Industry analyst Emkay feels this may be largely due to last leg of Vodafone subscriber’s base clean up.
The company has to pay a half trillion rupees to the government in unexpected dues related to licencing fees and spectrum usage charges, in response to the Supreme Court Verdict. This comes at a time when the company already has a back breaking debt of Rs 98, 000 crore.
Shareholders of these three companies have already priced in a duopoly in Indian telecom since Supreme Court of India declined a review petition.
Last year Vodafone’s CEO Nick Read said that the company could exit the market, if the government does not offer any relief. Even though he later apologised and clarified that Vodafone has no plans to leave India; many analysts still feel that the company is tethering on the edge of survival.
BREAKING NEWS
TECHNO TRENDS
Legal Battle Over IT Act Intensifies Amid Musk’s India Plans
The outcome of the legal dispute between X Corp and the Indian government c...
Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth
The agreement, executed through Wipro and its 100% subsidiary,...
Centre announces that DPDP Rules nearing Finalisation by April
The government seeks to refine the rules for robust data protection, ensuri...
Home Ministry cracks down on PoS agents in digital arrest scam
Digital arrest scams are a growing cybercrime where victims are coerced or ...
E-Magazine
TECHNOTAINMENT
Hrithik Roshan to endorse RuPay as Brand Ambassador
RuPay is reportedly planning to feature Bollywood superstar Hrithik Rosha
India Today Group launches – AI Pop Stars
Staying true to our industry leadership position in using cutting-edge tech
MOVERS & SHAKERS
TelioLabs ropes in Phaniraj V A as the Group CEO
TelioLabs has announced the onboarding of Phaniraj V A as its new Group CE
Wipro Appoints Amit Kumar as Managing Partner and Global Head
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology s
OPEN YOUR EYES
INTERVIEWS
Alpha Max offers high end solutions in the network space to en
The vision at Alpha Max is to attain quality as the trademark and create a
Delivering Critical Business Communication Solutions to Enterp
Arya Omnitalk and Syntel’s comprehensive suite of solutions and more than
HOT PICK
MSI Announces the availability of RTX 50 series of laptops in
MSI, the innovative computing manufacturer in gaming, creator
Nothing Phone (3a) goes on sale today, starting at Rs 19,999
The phone was launched on March 4, featuring a 50MP main, ultra-wide, and t
MAKE IN INDIA BRANDS
HAVELLS INDIA LTD.
QUICK HEAL TECHNOLOGIES PVT. LTD.
GLOBUS INFOCOM LTD.
LAVA INTERNATIONAL LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : RITESH AGARWAL
Ritesh Agarwal is an Indian billionaire entrepreneur and the founder a...
Icons Of India : ALOK OHRIE
Alok Ohrie leads Dell Technologies’ India business, overseeing Sales...
ICONS OF INDIA : SUNIL BHARTI MITTAL
Sunil Bharti Mittal is the Founder and Chairman of Bharti Enterprises,...
PARTNER SPEAKERS
PSU
C-DOT - Center of Development of Telematics
India’s premier research and development center focused on telecommu...
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
UIDAI - Unique Identification Authority of India
UIDAI and the Aadhaar system represent a significant milestone in Indi...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - Lal Karsanbhai, President & CEO, Emerson
Lal Karsanbhai, President and CEO of Emerson, assumed the leadership i...
Indian Tech Talent Excelling The Tech World - PADMASREE WARRIOR, Founder, President & CEO - Fable
Padmasree Warrior, the Founder, President, and CEO of Fable, is revolu...
Indian Tech Talent Excelling The Tech World - RAVI KUMAR S, CEO- Cognizant
Ravi Kumar S, appointed as CEO of Cognizant in January 2023, sets the ...
ITFORUM 2025
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
of images belongs to the respective copyright holders
