Vodafone Idea share price target 2022, 2023, 2024, 2025, 2030: In this article, you will learn about Vodafone Idea share price target 2022, 2023, 2024, 2025, and 2030, along with the fundamentals and financials of the company.
For every investor, it is important to know about the company in which they are investing, to get the confidence to hold the stock for the long term.
Vodafone Idea: Company Profile
Vodafone Idea Limited is an Aditya Birla Group and VodafoneGroup partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G, and 4G platforms. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to delivering delightful customer experiences and contributing towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow.
The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future-ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.
The merger of Vodafone India into Idea effective from August 31, 2018, led to the creation of Vodafone Idea Limited, a partnership between two strong promoters, Aditya Birla Group and Vodafone Group. Post-merger, Idea Company is one of the leading telecommunication operators in India offering voice, data, business services, and other Value-Added Services (“VAS”), including Short Messaging Services, digital services, IoT, etc. As of March 31, 2021, the subscriber base of your Company stands at 255.7 Mn (on VLR) with a subscriber market share of 25.7%.
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Share Holding Pattern
Vodafone Idea Share Price Target 2022
The telecom industry continues to grapple with hyper-competition as all the operators have been selling heavily discounted unlimited voice plans with bundled data, in order to defend their subscriber base. The significant ARPU erosion, despite the multifold growth in the volume of voice and data usage over the last several years, has led to persistent financial stress for the operators. The increasing penetration of unlimited bundled plans has also necessitated continuing Capex and spectrum investments to expand 4G coverage and capacity. Resultantly, none of the Indian telcos are making reasonable returns on their capital employed.
After several years of hyper-competition which led to tariff decline, in FY20, all the operators increased pre-paid tariffs in December 2019 across all price points for both unlimited plans as well as combo voucher plans. While the tariff hike was a step in the right direction, ARPU recovery still has a long way to go and the industry continues to provide unsustainably low tariffs. India continues to have the lowest tariffs globally, while the proliferation of unlimited data bundles has led to India having one of the highest data usage (per subscriber) in the world.
Further, FY21 ARPU is lower in comparison to historic trends, despite the fact that the consumer gets much more value in terms of unlimited voice and daily data allowances, compared to five years ago. It may be noted that in China the operators do not have to pay for spectrum, whereas for VIL, Spectrum represents more than half of the capital employed in the business. Despite that China’s ARPU is almost 4x of Indian ARPU. Recently all telecom operators increased the rates of every plan in order to increase the ARPU, but this is just the beginning, the telecom companies will increase the costs even more in the coming years which will increase their ARPU. Vodafone Idea share price target for 2022 is Rs 18.
|Vodafone Idea Share Price Target 2022|
|Share Price Target is Rs 18|
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Vodafone Idea Share Price Target 2023
Vi™ powered by GIGAnet – an integrated 4G network is the result of the largest network integration completed in record time. It was backed with one of the world’s largest DSR (Dynamic Spectrum Refarming) and has India’s largest AI powered Massive MIMOs sites along with the largest deployment of universal cloud It was the fastest 4G network in the country with the best download & upload speeds – verified by Ookla®, as well as the best voice quality – consecutively for 3 quarters, since its launch. Considering all the factors, Vodafone Idea share price target for 2023 is Rs 31.
|Vodafone Idea Share Price Target 2023|
|Share Price Target is Rs 31|
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Vodafone Idea Share Price Target 2024
Vodafone Idea is a partnership between two strong promoters Aditya Birla Group and Vodafone Group, is a major telecommunications operator in India, offering voice, data, enterprise services, and other Value Added Services (“VAS”), including Short Messaging Services, Digital Services, IoT, etc. As of March 31, 2021, the subscriber base of Vodafone Idea stands at 255.7 million (on VLR). The subscriber market share on VLR stands at 25.7%, as of March 2021. The Wireless Revenue Market Share (RMS) on Gross Revenue basis (GR) for your Company stands at 23.2% for the Financial Year 2021.
Vodafone Idea provides Voice and Data services on 2G, 3G, and 4G technologies across all 22 service areas and has a strong spectrum portfolio and network footprint to support the burgeoning demand for both, data and voice. Vodafone Idea has a large spectrum holding comprising 1,768.4 MHz spectrum across 22 circles, of which 1,738.4 MHz is liberalized spectrum which can be used towards the deployment of any technology. Considering the strong spectrum portfolio Vodafone Ideas has and the recent reliefs announced by the government of India, Vodafone Idea share price target for 2024 is Rs 40.
|Vodafone Idea Share Price Target 2024|
|Share Price Target is Rs 40|
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Vodafone Idea Share Price Target 2025
Vodafone Idea mobile telecommunication services cover more than 1.2 billion Indians. As of March 31, 2021, Vodafone Idea has 452,650 broadband (3G+4G) sites and all of the 4G sites are VoLTE enabled, offering a better customer experience. Vodafone Idea has also launched Voice over WiFi (VoWiFi) in several circles this year, which will be expanded to the rest of the country soon.
The broadband network is spread over 331,000 towns and villages and covers more than a billion Indians. Vodafone Idea has been deploying Dynamic Spectrum Re-farming (DSR), Massive MIMO, and Small cells to maximize spectrum efficiency. Additionally, Vodafone Idea has been actively deploying LTE on TDD band of 2300 MHz and 2500 MHz spectrum band to expand the capacity and on 900 MHz band to improve customer experience in dense areas.
The Company also derives revenue from carrying India inbound ILD traffic through arrangements with other mobile telecommunication companies and long-distance carriers operating outside India. Vodafone Idea has a portfolio of over ~376,000 km of Optical Fibre Cable (OFC), including its own built Indefeasible Right of Use (IRU) OFC. In India the ARPU is very low when compared to other countries, there is a lot of scope to increase the ARPU, considering all these factors Vodafone Idea share price target for 2025 is Rs 54.
|Vodafone Idea Share Price Target 2025|
|Share Price Target is Rs 54|
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Vodafone Idea Share Price Target 2030
During Financial Year 2020-21, wireless broadband penetration continued to improve supported by growing work-from-home culture and businesses moving online. Wireless broadband subscriber base was 755.4 million (broadband penetration ~64.0%) as of March 2021 compared to 668.3 million (broadband penetration ~57.7%) as of March 2020. During the year, TRAI has also abolished the domestic interconnect regime and moved to Bill & Keep starting January 1, 2021.
Vodafone Idea has successfully completed the integration exercise and fully realized the targeted synergies at a record pace in comparison with any global mergers, especially given the size, scale, and complexity of the integration. The five-pillar strategy which acted as a compass to navigate the critical phase of integration continues to guide the Company going forward. As a natural progression or evolution of the strategy, below are the ongoing major strategic initiatives to improve the Company’s revenue and profitability as well as to strengthen its overall position in the market, Vodafone Idea Share Price Target for 2030 is Rs 210.
|Vodafone Idea Share Price Target 2030|
|Share Price Target is Rs 210|
Vodafone Idea Share Price Target 2022, 2023, 2024, 2025, and 2030
|Year||Share Price Target|
|Vodafone Idea Share Price Target 2022||Rs 18|
|Vodafone Idea Share Price Target 2023||Rs 31|
|Vodafone Idea Share Price Target 2024||Rs 40|
|Vodafone Idea Share Price Target 2025||Rs 54|
|Vodafone Idea Share Price Target 2030||Rs 210|
Frequently Asked Questions
What is the future of Idea cellular share?
Vodafone Idea company is in a bad situation right now, the debts of the company are huge and the company declares huge losses every quarter and also loses its subscriber base. It all depends on management, how they take action and come out of this hard time and be a profitable company in the future.
What is the future of Vodafone Idea?
The future of Vodafone Idea is uncertain as it faces huge competition from its competitors like Airtel and Ji0 and losing subscriber base every quarter.
What will be the share price of Vodafone Idea in 2025?
Share price of Vodafone Idea in 2025 is Rs 54 if everything goes right and management taking the right decisions to increase the subscriber base in the coming quarters.
Is Idea good share to buy for long term?
It is a high risk-reward stock, if you are one who can take risks, then you can buy Idea, you are a safe investor, then it’s better to stay away from Vodafone Idea.