Vodafone-Idea to reportedly launch its Own Music Streaming App

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Vodafone-Idea is planning to launch its own music streaming app. Some of the other telcos like Airtel and Jio already offer music streaming service with their respective apps and now it looks like Vodafone-Idea might launch an app to compete with its rivals in terms of music streaming services. While Airtel and Jio have their music streaming app called Wynk Music and Saavn, Idea also has its own music app but that does not seem to be enough. Vodafone-Idea is reported by Livemint to add a music streaming app among its list of services and discontinue its Idea music app later.

“We are sunsetting the Idea Music app and we will come up very soon with an offering that will provide the best-in-class music streaming services, through a partnership that we are in the final stages of closing,” said Balesh Sharma, chief executive officer of Vodafone Idea, as quoted by the report.

“We will keep you posted on this but music is a big priority for us and we will work on that as well through partnerships,” Sharma said.

In the meantime, the telecom giant reported a net loss of ₹5,005 crore for the third quarter of 2018-2019. The total revenue of the company reportedly increased by 52 percent compared to the July-September quarter.

“We added 11,123 4G sites during the quarter, including the addition of 9,066 sites on TDD. Our 4G population coverage has improved rapidly to over 64 percent as of December 31, 2018,” the telco said in a statement.

Apart from that, Vodafone has recently announced a new yearly recharge plan. The newly announced plan is priced at ₹1,999 and offers 1.5GB daily data along with unlimited voice calling benefits, 100 SMS messages each day for 365 days. The plan offers total data of 547.2GB and it is already listed on the company’s website.

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