Vodafone Idea (Vi) shares are rallying high! The shares of telecom service providers have hit a three-month high of Rs 9.18, as they rallied 11 per cent on the BSE. Vi shares in BSE intraday trade surged amid heavy volumes.
The stock of the telecom services provider has surged 19 per cent in just two days. Trading at its highest level since October 17, 2024. The shares bounced back 39 per cent from its 52-week low of Rs 6.60 touched on November 22, 2024.
Vodafone Idea- HCL Partnership
Vi has recently partnered with HCL Software, the software business unit of HCL Technologies. This partnersip is to make its 4G and 5G networks smarter, more efficient and improve network performance.
Stock exchange has been informed by HCL Tech that Vi has partnered with HCL Software to make its 4G and 5G networks smarter and more efficient. The company said “Vi is now using HCL Augmented Network Automation (HCL ANA). HCL ANA is a multi-vendor self-optimising network (MV-SON) platform.
The HCL ANA platform uses Artificial Intelligence (AI) to simplify the management of Vi’s complex multi-vendor, multi-technology and multi-layered network to ensure smooth integration and efficient network operations. The platform is also SMO ready (ORAN), making the investment future-proof, it added.
This technology is used to manage its Ericsson and Samsung networks. Additionally the company says this advanced technology will help Vodafone Idea to improve network performance, save energy, and offer better services to its customers.
Vodafone Idea- Genesys Partnership
Vi has contracted the US-based Genesys to implement advanced cloud CX and telecom solutions. Also, Vi Business, partnered with Infinity Labs to build locally manufactured SD-WAN solutions. This will provide protection to enterprises in India against cyber attacks by integrating AI-based security features. The company has signed deals totaling Rs 30,000 crore with Nokia, Ericsson and Samsung. These deals are for network equipment supply for three years.
Vodafone Idea- Future
While the recent hike in telecom tariffs increased average revenue per users (ARPUs). Vi’s revenue rose only marginally in the September quarter (Q2FY25). The company expects the impact of the tariff increase to continue to be seen in ARPU and revenue for the next two quarters.
However, it expects the subscriber base to grow with the expansion of its 4G coverage and roll-out of 5G in key geographies, Q4FY25 onwards. Further, its fund-raising proposal, through the issuance of equity share or convertible securities, are expected to support its expansion plan as well.
About Company
Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is amongst India’s leading telecom service providers. The company provides pan-India voice and data services across 4G and 2G platforms. The company holds a large spectrum portfolio, including mid-band 5G spectrum in 17 circles and mmWave 5G spectrum in 16 circles.
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