Vodafone Idea stuns in 5G trial achieves record speed of 3.7 Gbps during test

Vodafone Idea said that it achieved a maximum speed of 3.7 Gbps during the 5G trial in Pune, which is a record. Apart from this, it has also achieved download speed of 1.5 Gbps in Gandhinagar, Gujarat.

Debt-ridden telco Vodafone Idea on Sunday claimed that it has achieved a peak speed of 3.7 gigabits per second (Gbps), the fastest achieved by any telecom service provider in India, during its 5G trial in Pune. The company has also claimed to record 1.5 Gbps download speed in the mid-band spectrum in Gandhinagar and Pune.

The Department of Telecommunications (Department of Telecommunications) has allotted the traditional 3.5 GHz spectrum band as well as high frequency bands like 26 GHz (GHz) to Vodafone Idea for 5G network trials. "Vi has deployed its 5G trials in Pune city in a lab set-up of an end-to-end captive network of cloud cores, next-generation transport and radio access networks," the company said in a statement.

Approval was given for six months trial with companies

"In this test, Vodafone Idea achieved peak speed of over 3.7 Gbps with very low latency on mmWave (millimeter wave) spectrum band," it said. The applications of Vodafone and later MTNL were approved. They have been approved for a six-month trial with telecom equipment makers – Ericsson, Nokia, Samsung and C-DOT.

Telecom relief package gives life to the company

This week the government announced a telecom relief package. After this relief, it is expected that Vodafone Idea will get the necessary help to stand on its feet again. As of 31 March 2021, the gross liability on Vodafone Idea was 1.9 lakh crores. A total of eight banks have a total outstanding of about 48000 crores on the company. The company has taken direct loan of 23 thousand crores from different banks. The remaining 25 thousand crores are guaranteed by banks.

The company can raise up to 20 thousand crores this year

Banks expect that Vodafone Idea will be able to raise investments of about Rs 15-20 thousand crore this year due to the automatic route clearing the way for 100% FDI. It is believed that the company will have to repay about Rs 6000 crore every year in the form of debt for the next two years. Here, due to the moratorium of four years, the gross liability of the company will increase significantly.