Search results for "vodafone"

Vodafone Idea partners with US-based Ciena for 5G rollout

Indian telecom operator Vodafone Idea (Vi) has restored its national backbone network with U.S-based telecom equipment maker Ciena to prepare for the fifth-generation (5G) network rollout.   Vi noted that as consumers, enterprises, and content players look to embrace more innovative digital experiences across India, its new 300G/400G backbone network increases scale and performance energy and […]

Global Health Technology Platform - Proximie - Announces Partnership With Vodafone Business To Increase Access To Surgical Healthcare And Training

January 11, 2022: Proximie, the global health technology platform digitizing operating rooms around the world, announces a partnership with Vodafone Business. As part of Proximie’s mission to save lives by sharing the world’s best clinical practices, the new partnership will build on the existing relationship between the two companies bringing its world-class connected surgical care software together […]

India’s relief package may not resurrect Vodafone Idea

Indian telecom operator Vodafone Idea might not have enough financial sturdiness to pull itself out of its accumulated $30 billion debt, despite governmental deliberation of a four-year moratorium on paying overblown past dues. Vodafone Idea’s extravagant debt of almost $30 billion is a result of the Indian government’s pressure on its telecom sector and telcos. […]

India’s Vodafone Idea remains hopeful as stock plummets

As Vodafone Idea descends deeper into its doom, India’s leading telco stock plunged on Wednesday over 5 percent in afternoon trading hours on Bombay Stock Exchange after the operator’s proposals to revive the telecom sector had been snubbed during a recent Cabinet meeting. Last month, the telco’s shares witnessed an 18 percent rise, reaching 31 […]

Vodafone Idea freefall trickles down to India’s telecom sector

Vodafone Idea’s (VI) fate is now controlled by the Indian government as the impending demise could immensely affect telecommunication service rivals, stakeholders, and the government, resulting in catastrophic outcomes on the country’s telecom sector. India’s telecommunication sector is wielding its final strategies to push itself from the underlying financial concerns, with Aditya Birla Group’s subsidiary, […]

Deutsche Telekom and Vodafone’s zero tariff defies net neutrality

The Court of Justice in the European Union (CJEU) ruled on Thursday against German mobile operators Telekom Deutschland and Vodafone for violating domestic authorities’ bloc net neutrality and roaming regulations for their “Zero-rating” scheme, following national investigations. The EU ruling was based on the compatibility of services provided by the telcos, following limitations on bandwidth […]

Vodafone Idea cites COVID behind 4.7% drop in revenue

Indian telecom operator Vodafone Idea (Vi) announced on Saturday a 4.7 percent dip in revenues QoQ, attributing its weak performance to the COVID-19 pandemic, as the operator edges ever closer to bankruptcy.   The loss in revenue – which amounts to $1.2 billion – is considered as another blow to the company, which is resorting to outside factors as the main reason behind its […]

Vodafone Idea bankruptcy to hit 2G users hard

Indian telecom operator Vodafone Idea (Vi) 2G subscribers would be the most affected if the company’s financial state remains unsolved, a source close to the matter told ET Telecom.   In this case, Vi’s local rivals Reliance Jio and Bharti Airtel will have to facilitate alternative options for Vi’s 2G customers.  Experts highlighted that these solutions include providing low-end 4G smartphones or 4G feature phones to Vodafone Idea’s low-end 2G customers.  […]

Vodafone Idea refuse to file for voluntary bankruptcy

Indian telecom operator Vodafone Idea (Vi), a subsidiary of Aditya Birla Group (ABG), is not looking to file for voluntary bankruptcy despite its financial struggles, ABG senior executives told ET Telecom.  Vi’s financial criticality was revealed on June 7 when Kumar Mangalam Birla, chairman of the telco, wrote to the government offering to hand over the group’s stake in Vi to any public sector or local financial entity who could save the company.  In his letter, Birla asserted that without immediate government support, […]