The fundraise by Vodafone-Concept enabled the telco to kick-start its capex cycle once more, and that alongside different key initiatives will place it on a “safer footing” to make sure that the corporate stays dynamic and aggressive, Aditya Birla Group Chairman Kumar Mangalam Birla stated on Tuesday. Talking on the inauguration of IMC and ITUWTSA 2024, Birla exuded confidence that with continued assist of the federal government, Vodafone-Concept Ltd (VIL) will do its half in realising India’s digital future.
“With the continued assist of the federal government, I’m assured that we’ll do our half to understand the Prime Minister’s digital India future. I’m a agency believer within the transformative energy of India’s telecom sector and I see it as a bridge to a extra linked, empowered and affluent India,” he stated.
VIL’s fundraise has enabled the corporate to kick-start its capex cycle, he famous.
“Vodafone-Concept has already introduced the subsequent part of CapEx price $3.6 billion (roughly Rs. 30,262 crore) with three world companions, Nokia, Ericsson and Samsung. These are all key steps that place VIL on a safer footing and make sure that the corporate stays dynamic and aggressive,” he stated.
He stated some of the urgent points being addressed by the federal government, regulator and business prior to now 12 months is spam management and fraud safety.
“As networks have grown, we’ve got a possible danger to the general public, particularly from phishing schemes, fraudulent calls and spam messages. These undermine public confidence in communication methods and in addition put folks’s private and monetary safety in danger,” he stated.
Birla stated that VIL, in collaboration with the federal government and regulatory our bodies, is making vital strides in combating this menace.
“Vodafone-Concept is dedicated to bringing new and progressive options that may essentially handle spam and fraud on the very core. Public consciousness campaigns too are serving to to teach customers about how one can determine and keep away from spams,” he stated.
