Vodafone Idea claims to buy enough spectrum to meet customer requirements and be competitive in market
As per news source, with spectrum acquisition in recent auction to fill certain gaps in some circles, Vodafone Idea has put a "strong footing" to be competitive in market, ensuring all elements are now in place to offer improved services and compelling proposition to customers.
Vodafone Idea Limited (VIL) Chief Regulatory and Corporate Affairs Officer, P Balaji said that the company had bid for a justified amount of radio waves so that it boosts its services and coverage. The company has adequate spectrum to meet customers' requirements and to be competitive in the market, he said to a news source.
"So we chose to buy what we chose to buy, because we had the largest spectrum pool among all the private operators. Even now, after auctions, we are not lowest on spectrum holding among private operators," he said.
He also added that the company "stayed true" to its business strategy right through integration process (merger of Vodafone India and Idea Cellular), kept focus on service quality "as affirmed by third-party validations and benchmarks" and inked partnerships that bring value to customers.
"Whether it is capacity, partnership, coverage, customer experience, quality of service - all these elements are in place. We have a compelling proposition for customers, and we will have a fair share of the market," he said.
VIL's total spectrum holding stands at 1,768.60 MHz. For Vodafone Idea, the value of spectrum bought in auctions (11.80 MHz) was at Rs 1,993.4 crore.
"11.8 MHz spectrum is all we needed to fill our requirements," Balaji said.
While talking about 5G opportunity, Balaji said the company has done a significant amount of investments in its network, to make it 5G-ready.
"We have already done one of the largest deployment of 5G-ready technologies including core cloudification and these help us deliver better quality of service to our customers," he said.
VIL has applied for participation in 5G trials and is hopeful of a go ahead from the government.
"These trials will allow us and other players to make sure that specific India use cases are put together to test and that will also allow, for in future whenever 5G is massively deployed, to get these to scale across verticals," Balaji said.
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