Question: Who Is The Current CEO Of Vodafone India?

Is Vodafone closing in India?

Both Airtel and Vodafone Idea face huge monetary burden due to AGR, but none of them has said they will close down operations.

Supreme Court’s order on Rs 1.47 lakh crore worth of AGR dues has triggered rumours about the alleged impending shutdown of two of India’s largest telecom companies Vodafone Idea and Airtel..

Which Vodafone plan is best?

Vodafone Rs 1499 Recharge Plan Vodafone’s Rs 1499 prepaid pack offers a total of 24 GB data with a validity of 365 days. The prepaid plan also comes with truly unlimited calling as well as 3600 SMS for a year. Additional benefits on the plan include subscription to ZEE5 and Vodafone Play.

Who is taking over Virgin Mobile?

To facilitate this move Virgin Group has agreed with Sprint to transfer existing Virgin Mobile US customers to the Boost brand ahead of the sale to Dish. Following the transfer, Virgin will take back the Virgin Mobile brand for the US.

Who is the CEO of Vodafone in India?

Balesh Sharma, CEO | Vodafone Idea Limited.

Why is Vodafone so successful?

To summarise: The secret of Vodafone’s success was its rapid global expansion, thus gaining market share and revenue potential – and the company is now counting the costs. Overall though, Vodafone is in a strong position for the future.

Is Vodafone in the USA?

However, Vodafone said it wants to cater to its more than 400 multinational customers based in the United States and a further 500 Vodafone multinational customers that are based outside the United States but have a “strong U.S. presence.” …

Is Airtel in loss?

New Delhi: Bharti Airtel reported a consolidated net loss of Rs15,933 crore in the June quarter, its fifth in succession, mainly due to one-time expenses related to its adjusted gross revenue (AGR) dues. … The company posted a net loss of Rs2,866 crore a year ago.

Which country owns Airtel?

Airtel Networks LimitedTypeSubsidiaryArea servedNigeriaKey peopleSegun Ogunsanya Managing Director/Chief Executive OfficeProductsMobile Telephony Broadband Internet servicesParentAirtel Africa3 more rows

Is Vodafone going to be shut down?

Ministry of Communications, Government of India today said that it was not aware of any speculations or reports about telecom operator Vodafone Idea shutting down its operations.

Is Vodafone idea a penny stock?

Barring Vodafone Idea, Alok Industries and Birla Tyres, all the above-mentioned stocks are still trading in single digits on Dalal Street. Penny stocks are considered risky bets for their wild volatility, smaller business sizes and dearth of liquidity on their counters.

Is Virgin Mobile shutting down?

The telecom is shutting down Virgin Mobile service and will transfer all customers to Boost Mobile starting the week of February 2nd. You’ll keep your phone and number in “most instances,” and will move to a “comparable or better” plan at no additional charge.

Who is the Vodafone owner?

VodafoneNewbury HeadquartersFounderErnest Harrison Gerry WhentHeadquartersLondon, England, UK (head office) Newbury, Berkshire, England, UK (registered office)Area servedWorldwideKey peopleGerard Kleisterlee (chairperson) Nick Read (CEO)17 more rows

Is Google is investing in Vodafone idea?

Global internet giant Google is looking to buy up to 5 per cent stake in debt-laden Vodafone Idea, the Financial Times reported Thursday. … A deal with Google could be a lifeline for Vodafone Idea, which owes as much as Rs 54,000 crore in adjusted gross revenue (AGR) dues to the government.

Who will take over Vodafone idea?

On 31 August 2018, Vodafone India merged with Idea Cellular, to form a new entity named Vodafone Idea Limited. Vodafone currently holds a 45.1% stake in the combined entity and Aditya Birla Group holds a 26% stake. Kumar Mangalam Birla heads the merged company as the Chairman.

Is Vodafone owned by Virgin?

Virgin Media has agreed a five-year mobile deal with Vodafone after deciding not to renew its agreement with BT. The deal, which will involve more than 3 million mobile customers, ends a 20-year relationship between Virgin Media and BT-owned EE.

Why is Vodafone in loss?

Key Insights. Vodafone Idea is losing subscribers to rivals as it trims coverage to cut costs and has so far failed to win better payment terms from the government on the money it owes. Net debt was 1.2 trillion rupees as of the quarter ended June. The company’s net worth has turned negative, it said in the statement.

Can 17 year old get Airtel SIM?

Whether you’re an Indian citizen or a foreign national. But Why it’s not fixed age bar to get a sim card by every operator like Airtel Provide at 17 Years as BSNL also have 17 Year age bar and Whereas Vodafone-Idea Provide at the age 16.5 and Reliance Jio at 18 Years.

What is the future of Vodafone?

Not long ago, Vodafone was the country’s largest telco. Now, it is one that posted the highest-ever loss by an Indian company at ₹73,878 crore in the financial year 2019-20, beating its own record from three months earlier….Losing money and losing customers.CompanyAverage revenue per userVodafone Idea₹1212 more rows•Jul 16, 2020

Is Virgin Mobile closing down?

Sprint announces Virgin Mobile is shutting down and all current customers will be transferred to Boost Mobile starting in February. This week Sprint announced it will close Virgin Mobile, and beginning in February customers with existing contracts will be transferred to Boost Mobile.

Who is the owner of Airtel India?

Bharti Enterprises64%Singapore Telecommunications Limited36%Bharti Airtel/Parent organizations