Uploaded on Sep 9, 2020
Presentation on "Vodafone Idea rebrands itself as Vi"
Vodafone Idea rebrands itself as Vi
VODAFONE IDEA
REBRANDS ITSELF
AS VI
INTRODUCTION
• Vodafone Idea has announced its new unified brand identity
by renaming all its products under a new name and logo
“Vi”.
• The Beleaguered telecom operator, announced the
rebranding of the company through a virtual platform.
Source: Yahoo News India
COMPANY PROFILE
• Vodafone Group plc is a British multinational
telecommunications company. It predominantly
operates services in the regions of Asia, Africa,
Europe, and Oceania.
• Vodafone Idea Limited, d/b/a Vi is an Indian
telecom operator with its headquarters based
in Mumbai, Maharashtra. It is a pan-India
integrated GSM operator offering 2G, 3G and
4G, 4G+ and VoLTE.
Source: Yahoo News India
REASON BEHIND REBRANDING
• The integration into one brand is believed to be the
company’s efforts to reduce the cost of maintaining two
brands.
• The rebranding was done as the telecom operator has been
losing customers
Source: Business Standard
ABOUT “VI”
• 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.
Source: Bloomberg Quint
LOSS OF COMPANY
• The Supreme Court ordered to pay over Rs 50,000 crore in
dues to the government in 10 years’ time.
• The debt-ridden joint venture had last month reported its
eight quarterly loss.
Source: The Economic Times
PEOPLE & PROCESS
• Vodafone Idea came together as a merged entity two years
ago.
• They focused on integrating two large networks, people and
processes.
Source: The Hindu
FOCUS
• Vodafone focusing on premium urban brand, Idea has
been a mass rural-focused brand. Following the merger,
the urban-rural appeal of the two brands took a hit.
• The rebranding comes at a time when Vodafone Idea has
seen its user base falling from 408 million at the time of
the merger to 280 million at the end of June 2020.
Source: Hindustan Times
DIGITAL EXPERIENCE
• 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 1
Billion Indians on strong 4G network
Source: Times of India
REVENUE
• Vodafone Idea, which faces a payment of more than Rs 58,000
crore as tax after a Supreme Court verdict, has only paid Rs
7,850 crore Adjusted Gross Revenue (AGR) dues till date.
• The Telcom will have to pay nearly Rs 1,128.4 crore as AGR
dues every quarter for the next 10 years.
Source: Stock Analysis
EQUITY INVESTOR
• The chances of an equity investor will improve once the firm
is able to improve its Ebitda, which at the current level is not
enough to even service the finance costs on its total debt
which exceeds ₹1.2 trillion
Source: The Financial Express
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