The company had recently launched the VoLTE services in Maharashtra, Goa, Mumbai, Delhi-NCR, Gujarat, Rajasthan and Haryana among others. Voice over Long-Term Evolution (VoLTE) is a technology for facilitating voice on 4G network and lowers cost of offering voice calls.
Industry experts expressed concern about those employees who are going to get the boot.
Employees are likely to see a 50 percent drop in bonus payouts as well
"Vodafone is the first GSM service provider in Punjab circle enabling customers to make calls using VoLTE," Arvind Nevatia, Business Head–Punjab, Himachal Pradesh and Jammu and Kashmir, Vodafone India, said
Announcing the launch of the Vodafone VoLTE service, Nipun Sharma, Business Head - UP East, Vodafone India, said, "We have been making significant investments to expand, upgrade and modernise our network to ensure that we provide the finest service experience and seamless connectivity to our valued customers.
Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.
However, mobile operators do not want an immediate auction because of the dire state of industry's finances
24 out of 50 companies reported losses before tax during 2016-17, the government said.
The merger plan of telecom operators Vodafone India and Idea Cellular is in the "final stage of approval", Telecom Secretary Aruna Sundararajan said today.
Called the 'Future Jobs Finder', the programme is an open online platform accessible to all youth for identifying their skills and matching them to digital jobs and trainings worldwide, the company said in a statement and claimed the initiative to be the largest of its kind in the world.
Vodafone plans to create the first 4G network on the Moon to support a mission by PTScientists in 2019
"The moon will get 4G coverage next year, 50 years after the first NASA astronauts walked on its surface. Vodafone plans to create the first 4G network on the moon to support a mission by PTScientists. We have target to land in 2019 on Moon," a Vodafone representative said.
Under the new rules, TRAI will impose financial disincentive of up to Rs 50 lakh per circle on operators if their service rates are found to be predatory in nature.
According to a senior official, the government is awaiting for closure of Vodafone and Idea mobile tower sale transaction with American Tower Corporation.
Aditya Birla Idea Payments bank is among seven entities to get a final approval from the banking regulator. Airtel Payments Bank Ltd was the first payments bank. So far, Airtel, Paytm, India Post, and Fino Payments Banks have been launched
The last step is to get the DOT approval in terms of merging the licenses etc, said Sunil Sood, MD & CEO, Vodafone India
Vodafone VoLTE service will be launched in Karnataka and Kolkata next, and thereafter across India in a phased manner in the coming months, the company said in a statement.
The proposal was to allow the country to retrospectively tax cross-border transactions in which the underlying assets are located in India.
Idea Cellular is in the process of merging its telecom business with the Indian unit of British telecom major Vodafone.
Both the groups can go ahead for the final approval for merger from the Department of Telecom after Vodafone's appeal for the scheme also gets NCLT nod.
There are hopes that at some point in time Jio will rationalise its tariffs but if this continues, then they would have to revise their outlook back to negative, said Nitin Soni of Fitch Ratings.
In what could be considered a landmark year for the telecom sector in India, 2017 saw telcos consolidate like never before. By the end of the year, there were only three major players left in the market.
"The introduction of Voice over LTE (VoLTE) will enhance customer experience with HD quality calling and offer our customers newer possibilities. Vodafone VoLTE is an important step towards introducing futuristic technology enhancing our Data Strong Network," Sunil Sood, the Managing Director and Chief Executive Officer of Vodafone India, said in a statement.
"Vodafone SuperNetTM 4G now covers 600 plus towns in Punjab, with over 550 towns being added over the past three months alone," said Arvind Nevatia, Business Head - Punjab, HP and J&K, Vodafone India in a release issued here.
Vodafone, the world's second-largest mobile operator, entered India in 2007 by acquiring Hutchison Whampoa's wireless assets. It is contesting a tax bill of more than $2 billion relating to that acquisition.