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