Vodafone Idea Limited is an Indian telecom operator with its headquarters based in Mumbai, Maharashtra and Gandhinagar, Gujarat. Vodafone Idea is a pan-India integrated GSM operator offering 2G, 3G and 4G VoLTE mobile services under two brands named Vodafone and Idea. Vodafone Idea also provides services including Mobile payments, IoT, enterprise offerings and entertainment, accessible via both digital channels as well as on-ground touch points, centres across the country. As of 31 August 2019, Vodafone Idea has a subscriber base of 375.07 million, making it the largest mobile telecommunications network in India . Vodafone Idea has a broadband network of 340,000 sites, distribution reach of 1.7 million retail outlets.
On 31 August 2018, Vodafone India merged with Idea Cellular, and was renamed as Vodafone Idea Limited. However, the merged entity continues using both the Idea and Vodafone brand. Currently, the Vodafone Group holds a 45.1% stake in the combined entity, the Aditya Birla Group holds 26% and the remaining shares will be held by the public. Kumar Mangalam Birla heads the merged company as the Chairman and Balesh Sharma used to be the CEO. After a plunge in share price of Vodafone Idea by 80% on NSE, Balesh Sharma resigned citing personal reasons. Ravinder Takkar, Ex-CEO of Vodafone Romania and the key deal negotiator from Vodafone has taken over the reigns as CEO.