By Tricitynews Reporter
Chandigarh 22nd
September:- Vodafone, one of India’s leading telecom service
providers, today announced that it had
become the service provider of choice to over 200 million customers across
the length and breadth of the country. As India’s second largest telecom service provider with 22.5%
revenue market share, over half of the customers (107 million) come from rural India endorsing Vodafone as the preferred brand in urban India
as well as the hinterland. They rely on Vodafone to engage with their
family and friends, make their work easier and connect with the world at
large.
Celebrating this milestone, Vodafone India
further announced that it had received
an equity infusion of INR
47,700 crore from Vodafone Group in the first half of the current
fiscal. This equity infusion via foreign direct investment (FDI) is largest ever FDI infusion in the
country and further manifests Vodafone’s increasing focus and commitment
to India. On the occasion of being the brand of choice of over 200 million Indians and speaking
about this record equity infusion, Sunil
Sood, MD & CEO, Vodafone India, said, “We are thankful
to our customers for choosing Vodafone and delighted with the faith
and support that our investors have shown in our business and India. With
our commitment to support the Digital India vision, we arebuilding one of
the most modern and scalable telecom networks to deliver connectivity
and theVodafone SuperNet™ experience to all, for both voice and
data.
Since entering India in 2007, Vodafone has consistently invested in India
to build a highly modern, scalable and one of the largest telecom networks in
the world. It has been a co-creator
of the telecom ecosystem, a catalyst of the telecom revolution and has
contributed in the growth of the Indian economy. With its products and
services as well as its technologies, Vodafone has fostered innovation and powered new business models. Aglobal leader in 4G networks and
a pioneer in ‘Internet of Things’
(IoT), Vodafone is rolling
out next generation broadband networks in India and has introduced IoT platforms, especially
in the space of connected vehicles and Machine to Machine communication.