Vodafone
NEWS

Vodafone India will not lose their customers to Reliance Jio

Vodafone Global CEO Vittorio Colao in a recent meeting with the India team urged them not to lose any customers since competition is rising. Likely he asked all employees to work hard and attract new customers. Two people aware of this situation have told ET. Recently launched Reliance Jio first shook Airtel, now makes Vodafone CEO to have a meeting with India team. Jio as an introductory offer is giving free Voice and 4G data till 31st December to its entire customer base. This move was taken to reach their goal of 100 million customers. Also read Airtel intimidated by Reliance Jio.

The British Telecom Vodafone on the other hand gets 12% revenue from India and tells that this market is their most strategic and important. The Telecom Service Provider (TSP) is increasing 4G coverage from 9 to 17 circles by buying 283 Mhz of bandwidth for Rs 20,280 crore. This move was taken since its competitors Airtel, Idea and Jio have already launched 4G services in pan India. CEO Colao has not given any statement that specifies that they are referring to Jio as a threat. But it is very obvious that Vadofone India means Reliance Jio as their biggest threat. Read Latest Business News.

Want to be a guest author? Register Here to share your business knowledge with our readers.

Vodafone India will not lose their customers to Reliance Jio
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

INDIAN CEO provides latest business news about Indian CEOs, startups, business, funding, founders, new ideas, technology, apps, gadgets

Stay tuned to get latest updates on startup business in India and listen right from heart of Indian CEOs.

INDIAN STARTUP VENTURES LLP

Partner

AWS Activate Partner

Subscribe for Insider Updates

Get Stories delivered to your Inbox

Copyright © 2015 INDIAN CEO. A Indian business news magazine

To Top