Vodafone Idea Launches OTT Service Amid Falling Earnings

  • Vodafone Idea (Vi) has launched ‘Vi One’, an OTT service offering fibre, mobility and other services in 12 Indian cities.
  • Despite declining earnings and subscriber base, Vi reports a 25% YoY growth in daily users in its various digital sectors.
  • Vi’s total gross debt is Rs. 2,117.6 billion as of June 2023, largely owed to the Indian government, which also holds 33.1% shares in the company.
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