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Vodafone Idea Teams Up with HCL Software For Network Efficiency

Written by: Team Angel OneUpdated on: Jan 15, 2025, 3:39 PM IST
Vodafone Idea Ltd collaborates with HCL Software to automate 4G and 5G networks.
Vodafone Idea Teams Up with HCL Software For Network Efficiency
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Vodafone Idea Limited, known as Vi, stands as a prominent name in India’s telecommunications industry, emerging from the merger of Vodafone India and Idea Cellular on 31 August 2018.

Vi Joined with HCL Software

In a strategic move to enhance its 4G and 5G network performance, Vi has joined forces with HCL Software. Leveraging HCL’s cutting-edge Augmented Network Automation (HCL ANA) platform—a multi-vendor self-optimising network (MV-SON) solution—this collaboration aims to streamline operations across Vi’s Ericsson and Samsung network ecosystems.

Pioneering AI-Driven Network Management

In a regulatory filing, Vi underscored the transformative potential of the AI-powered HCL ANA platform. Designed to optimise network performance, reduce energy consumption, and simplify the complexities of managing a multi-vendor network, this solution exemplifies the integration of next-generation technologies. The platform promises seamless network integration while delivering significant cost efficiencies.

Vi Q2 FY25 Results

For Q2 FY25, Vi reported a consolidated net loss of ₹7,176 crore, an improvement from ₹8,746.6 crore in the corresponding quarter of the previous year. Revenue from operations witnessed a modest 2% year-on-year growth, reaching ₹10,932 crore. Furthermore, the average revenue per user (ARPU) surged by 7.8% sequentially to ₹166, driven primarily by tariff revisions implemented in July.

Statement from Vi

Jagbir Singh, Chief Technology Officer of Vi, emphasised the transformative impact of the alliance, stating that it will significantly enhance operational efficiencies and elevate customer experiences. Meanwhile, Neeraj Purandare, Senior Vice President at HCL Software, highlighted the platform’s scalability and its role in fostering indigenous technology development.

Share Price Performance 

At 2:56 PM today, Vodafone Idea Ltd. shares traded at ₹8.78 per share on the NSE. The share price is more than 6% up right now in intraday.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 15, 2025, 3:39 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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