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Vodafone CEO: India must deliver significant relief package or risk losing Vodafone Idea

2019-11-12 01:00:00| Total Telecom industry news

Vodafone Group's CEO, Nick Read, has said that the Indian government must come up with a significant relief package to assist the troubled Vodafone Idea joint venture, or risk the telco going out of business altogether. Speaking at the company's six monthly results briefing in London on Tuesday, Read said that the Indian government now realised the scale of the problem facing telcos in the country. Despite having access to a market of over 1 billion subscribers, Indian telcos are being forced to trade on wafer thin margins. "We've invested $20 billion in India, including our initial stake that we paid to get into the country &ndash…read more on TotalTele.com »

Tags: significant idea risk india

How the satnav became a million dollar idea

2019-11-08 11:57:22| BBC News | Business | UK Edition

The BBC's Aaron Heslehurst explains how the satnav became a million dollar idea.

Tags: idea million dollar satnav

No-one understood our idea, but now it's worth over $1bn

2019-11-04 02:07:14| BBC News | Business | UK Edition

Howie Liu's firm AirTable wants to make spreadsheets so simple anyone can use them.

Tags: over idea worth understood

Vodafone Idea quashes rumours of Indian exit

2019-11-01 01:00:00| Total Telecom industry news

Vodafone Idea has spoken out against rumours that it is planning to quit the Indian market, calling them "unfounded" and "baseless". On Thursday Evening…read more on TotalTele.com »

Tags: idea indian exit vodafone