Vi 5G launches in India to depend on use cases, customer needs, competitive dynamics: CEO Ravinder Takker

Vodafone Idea (Vi)’s 5G service launch will depend on factors such as use cases, customer needs, competition and more, CEO and CEO Ravinder Takker said at the company’s 27th Annual General Meeting (AGM) on Monday. Takker revealed that Vi took Rs. 4,940 crore invested and in active discussion with investors for more capital. Vi recently bid to get 5G spectrum broadcast in India, which is said to have added an annual installment debt of Rs. 1,680 crore about the company.

According to the Press Trust of India, Because yes offer appointed chief financial officer Akshaya Moondra as CEO of the company and moved Takker to a non-executive director role.

The telecommunications company acquired 5G Rs value spectrum. 18,800 crore in 5G spectrum auction in India. These include the 3.3GHz band for 17 priority rounds and the 26GHz band for 16 rounds.

During Monday’s AGM, Takker said, “The rollout of 5G will depend on various factors such as how use cases will evolve, demand from customers, capacity requirements as well as dynamics. competitive force.” However, the 5G bid is said to have added an annual installment debt of Rs. 1,680 crore about the company.

In addition, Takker believes that the current rates of mobile services provided by Vi are unsustainable and need to be increased further.