Sunday, June 23

Tag: vodafone

Rakuten and Vodafone Invest in AST & Science’s Space Venture
FUNDING

Rakuten and Vodafone Invest in AST & Science’s Space Venture

TOKYO, LONDON, TEXAS – March 3, 2020 - Rakuten and Vodafone have become the lead investors in a venture to extend mobile coverage to more people and devices across the planet, using the first mobile broadband network that will be broadcast from space. Branded SpaceMobile, the low-Earth-orbit (LEO), low-latency satellite network from AST & Science will be the first in the world to connect directly to standard smartphones. The company holds an extensive patent and IP portfolio for its ground and space technologies. “SpaceMobile will be particularly transformative to the growing US$1 trillion annual global mobile market because it will eliminate the coverage gaps faced by today’s five billion mobile subscribers moving in and out of connectivity every day. It will also help the...
Vodafone Idea Launches a New Safety Service for Women
BUSINESS

Vodafone Idea Launches a New Safety Service for Women

With the increasing need for the safety of women in India, Vodafone Idea has launched a new mobile-based safety service called ‘Vodafone Sakhi’ for women. This service will include features such as emergency alerts, emergency balance and private number recharge. These features will be available for the women customers using Vodafone pre-paid services across the country. This particular service would work across smartphones and feature-phones even without any balance or mobile internet. “India has over a billion mobile connections and almost half of our population is women. Yet, less than 18% of mobile subscribers are women. Further, most women have access to only feature-phones and basic mobile phones. This large gap in mobile access and usage also conveys a lost opportunity to conne...
Bharti Airtel, Reliance Jio or Vodafone: Who will win the Telecom Battle over FIFA World Cup?
BUSINESS

Bharti Airtel, Reliance Jio or Vodafone: Who will win the Telecom Battle over FIFA World Cup?

While the most awaited sporting event in the world, FIFA World Cup is going live today, it has sparked a new telecom battle for mobile operators Bharti Airtel, Reliance Jio Infocomm and Vodafone India trying to outdo each other to get a share of more than 100 million viewers. Airtel subscribers can view the live broadcast of the month-long tournament in various local languages besides English and Hindi on Airtel TV. Additionally, to beat the Reliance Jio game, Aitel is even providing a sneak peek into exclusive behind-the-scenes match snippets along with match previews/reviews. Meanwhile, Mukesh Ambani led Jio is providing coverage to football matches live on Jio TV at no additional subscription charges. The telecom is also broadcasting India-Afghanistan test match starting on Thursd...
Vodafone’s CEO Now Becomes the Chairman of COAI
News

Vodafone’s CEO Now Becomes the Chairman of COAI

The telecom industry organization COAI (Cellular Operators Association of India) on Thursday announced the appointment of Sunil Sood as the chairman of the company who was the Managing Director & CEO of Vodafone India since 2015. Ajai Puri, who has been the Chief Operating Officer of Bharti Airtel will be the vice chairman of the association. Sunil Sood from the past two years playing the role of the Vice Chairman of COAI and now has replaced Gopal Vittal who held the position of Chairman till now and also was Bharti Airtel's MD and CEO for India and South Asia. The recent appointed was announced at the Annual General Body meeting for fiscal 2018-19. COAI said in a statement, "...Sunil Sood, Managing Director & Chief Executive Officer, Vodafone India Ltd, who was Vice Chairman ...
Reliance Jio’s Growth May Trouble Its Competitors
News

Reliance Jio’s Growth May Trouble Its Competitors

Mukesh Ambani-owned Reliance Jio Infocomm has reported a considerable growth in profits in the March-ended financial year. Reliance Jio saw a net profit of Rs 510 crore in the quarter ended March compared with Rs 504 crore in the previous three months. Jio’s operating revenue increased 3.6 percent reaching to Rs 7,128 crore. The older telecom operators in India like Bharti Airtel and Vodafone India have been growing from the very beginning but since Jio has entered the league, they have been facing a tougher competition. “When the dust settles down and subscribers from beleaguered smaller players have been mopped by the Big Three (Vodafone-Idea combine, Airtel and Jio), the tussle for supremacy will resume,” said Sandip Das, senior advisor at telecom consulting firm Analysys Mason. “Wi...
Airtel and Idea Witness Addition in Subscriptions Defeating Vodafone
BUSINESS

Airtel and Idea Witness Addition in Subscriptions Defeating Vodafone

Bharti Airtel and Idea Cellular, the Indian telecom service providers have together added over one crore mobile subscribers in April 2018 according to the information provided by the Cellular Operators Association of India (COAI). On the other hand, Vodafone suffered a loss of over 6.64 lakh customers in the same time period. A statement by the Cellular Association of India stated that the maximum number of additions were made by Idea Cellular fetching up its subscription number to 216.76 million, adding 5.55 million customers. Rajan S Mathews, COAI Director General said,"The growth seen in mobile subscribers this month is encouraging, and the industry is working daily to ensure that connectivity reaches the farthest corners of the country." The director general also informed that the...
Vodafone and BSNL Go toe-to-toe with Jio’s New Rs 349 Plan
INDIA

Vodafone and BSNL Go toe-to-toe with Jio’s New Rs 349 Plan

Since Jio’s entry in the Indian telecom market, the competition for the best data plan has been fierce; with ever dropping prices and better data plan deals. Vodafone and BSNL, two major competitors of Mukesh Ambani’s telecom company have announced a new prepaid plan, priced at Rs 349 each. Vodafone subscribers will benefit from 3GB of 4G/3G data per day, unlimited local, STD and roaming calls, and 100 SMS messages per day for the duration of 28 days. As for BSNL users, they will benefit from 1GB data and 100 SMS everyday but for 54 days. The prepaid pack proposed by Vodafone rivals leading telecom company Airtel’s Rs 349 recharge and Jio’s Rs 299 prepaid plans. With a budget of Rs 349, Airtel offers 3GB data, 100 SMS per day and unlimited STD, and national roaming calls for 28 days....
Exclusive: Dilip Shanghvi, IDFC Bank Withdraw From Payments Bank
News

Exclusive: Dilip Shanghvi, IDFC Bank Withdraw From Payments Bank

Telenor Financial Services, IDFC Bank and Sun Pharma's Dilip Shanghvi have decided to withdraw their licence to set up a payments bank. They are the second applicant to withdraw from the licence after Cholamandalam group pulled out of payments banks race a couple of months back. In a joint press statement, the partners said: "Dilip Shanghvi, IDFC Bank and Telenor Financial Services jointly agree to withdraw plans to establish a payments bank venture and consequently the payment bank licence will not be pursued." Last September, Dilip Shanghvi, Chairman of Sun Pharma, as lead applicant along with Telenor Financial Services and IDFC Bank, was granted in-principle licence by Reserve Bank to form a payments bank. "Following the mutual decision to withdraw from setting up a payments bank,...
Vodafone Has Not Paid a Single Naya Paisa of Demand: Rajan
INDIA

Vodafone Has Not Paid a Single Naya Paisa of Demand: Rajan

Wading into the Vodafone tax dispute debate, Reserve Bank Governor Raghuram Rajan today said the British telecom giant has not paid "a single naya paisa" as yet on the demands made on it, but this case always comes in when India talks about creating a predictable tax regime. In an interaction here at Chicago Booth School, Rajan said India is making serious efforts to become "a more friendly place to do business" and putting in place a predictable tax regime is part of those efforts. "One of the things that we have been working hard on is creating a predictable tax structure. But every time we talk about taxes, we get Vodafone sort of sort of flung back at us. "Remember Vodafone has yet to pay a single naya paisa on the demands that were levied on it. Thats going on. We have a structu...
Hackers broke into nearly 2,000 Vodafone UK customer accounts
News

Hackers broke into nearly 2,000 Vodafone UK customer accounts

LONDON- Vodafone UK said on Saturday hackers had accessed the accounts of 1,827 of its customers this week, the second cyber attack on a British telecoms company this month. The attackers had potentially gained access to the victims' bank sort codes and the last four numbers of their bank accounts, along with their names and mobile telephone numbers, a Vodafone spokesman said. "This incident was driven by criminals using email addresses and passwords acquired from an unknown source external to Vodafone," he added in a statement. (more…)