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Vodafone Idea plans to cut 16,000 distributors, 2,000 retail stores by FY19

26 Nov 2018 Evaluate

Vodafone Idea has planned to reduce the number of its distributors from around 43,000 to 27,000 and cut retail stores by 2000 to 4,000 by March 2019. Presently, the company has around 6,000 branded retail stores. The company also plans to reduce the number of its call centres to 38 from 82 by March 2019 as part of its integration plan.

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class 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.

Peers
Company Name CMP
Bharti Airtel 1834.40
Vodafone Idea 13.24
Indus Towers 388.35
Tata Communications 1663.40
Railtel Corp. India 252.75
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