Vodafone Idea shares in focus after launching 5G services in Bengaluru
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4G upgrades in Karnataka
Share Price Target and Performance
Shares of Vodafone Idea (Vi) will be in focus on Wednesday after the company announced the rollout of its 5G services in Bengaluru, with commercial access set to begin on June 11. This marks an expansion of Vi's next-gen network, following earlier deployments in Mumbai, Delhi-NCR, Patna, and Chandigarh.According to the company, Vi 5G aims to deliver faster data speeds, lower latency, and enhanced connectivity for both consumers and businesses. The rollout is part of Vi's broader plan to launch 5G services across all 17 priority circles — where it holds spectrum rights — by August 2025.Customers in Bengaluru with 5 G-enabled devices and plans starting at Rs 299 can access unlimited 5G data under an introductory offer. The service is designed to support high-demand use cases such as streaming, gaming, video conferencing, and cloud computing.'We're excited to bring Vi 5G to Bengaluru, a city at the forefront of tech and digital innovation. With our next-gen 5G and enhanced 4G network, we aim to deliver an improved experience to our users,' said Anand Dani, Business Head – Karnataka, Vodafone Idea.Vi has partnered with Samsung to deploy energy-efficient infrastructure and AI-powered Self-Organizing Networks (SON) to optimise performance automatically. The network uses high-transmit-power, multi-technology radios to boost efficiency and reduce environmental impact.Alongside its 5G launch, Vi has also upgraded its 4G network across Karnataka over the past 10 months. The company expanded indoor coverage by deploying 900 MHz spectrum at nearly 3,000 sites, increased 2100 MHz capacity at 1,800 sites, added new 2100 MHz coverage in 1,000 locations, and expanded 1800 MHz capacity at over 4,100 sites. These upgrades have boosted network capacity by 46% since March 2024, according to Vi.The company said it remains focused on scaling its network to meet growing digital demand. Details on supported devices, coverage, and pricing are available on its website.According to Trendlyne, the average target price for Vodafone Idea is Rs 8, indicating an upside of about 9% from current levels. Of the 16 analysts tracking the stock, most have a 'Buy' rating.Shares of Vodafone Idea closed 1.13% lower at Rs 6.97 on the BSE in the previous session. The stock is down 56% over the past 12 months and 13% year-to-date.
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