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Vodafone Idea keeping bold plans for FY29

3 months ago
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Vodafone Idea keeping bold plans for FY29
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Vodafone Idea has announced a detailed turnaround plan with clear numbers to reshape its future by FY29. The telecom operator aims for double‑digit annual revenue growth above 10%, consistent net subscriber additions, and a threefold jump in cash EBITDA within three years.

The plan focuses on accelerating 4G and 5G rollout, improving network quality, and expanding its premium customer mix. Management expects subscriber growth to rise steadily, supported by stronger coverage, digital services, and focus on high‑value customers.

Operational efficiency and cost optimisation are highlighted as key drivers, while monetising India’s rising data demand is expected to boost profitability. Vodafone Idea plans to leverage its spectrum assets and infrastructure to deliver better connectivity, positioning itself against Reliance Jio and Bharti Airtel.

The company believes India’s surging data consumption offers a strong opportunity. By FY29, it expects to achieve sustainable growth, restore investor confidence, and transform its long‑term trajectory. Execution discipline and financial resilience will be critical in meeting these ambitious goals.

This roadmap signals Vodafone Idea’s intent to reclaim market share and strengthen its standing in India’s competitive telecom sector, with numbers showing a clear path to revival.

Tags: IdeaVIVodafone

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