Vodafone Current Affairs - 2019

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Vodafone Idea Ltd: Idea Cellular and Vodafone completes merger to create India’s largest telecom operator

The merger of Idea Cellular and Vodafone India has been completed after it was cleared by National Company Law Tribunal (NCLT). This merger has created India’s biggest telecom service provider. The merged entity is named Vodafone Idea Ltd and dislodges current market leader Bharti Airtel from top position, by its sheer size and scale. New Read More…

Month:  Categories: Business, Economy & Banking

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TRAI recommends Rs 3,050 crore penalty on Airtel, Vodafone & Idea

Telecom Regulator Telecom Regulatory Authority of India (TRAI) has recommended Department of Telecom (DoT) to impose combined penalty of 3,050 crore rupees on Bharti Airtel, Vodafone and Idea cellular. It had mentioned that the penalty should be imposed on these telecom companies for allegedly denying interconnectivity to newcomer Reliance Jio. What is the issue? The Read More…

Month:  Categories: Governance & Politics

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Vodafone wins transfer pricing tax dispute case

British telecom giant Vodafone has the transfer pricing tax dispute case against Indian Income Tax authorities after Bombay High Court ruled in its favour. The court decision came after Vodafone India had challenged the order of the Income Tax Appellate Tribunal (ITAT). In 2014, the IT tribunal had stayed the tax demand during the proceeding Read More…

Month:  Categories: Business, Economy & Banking

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For ‘M-Pesa’ Vodafone partners with ICICI Bank

Vodafone India has launched its mobile money transfer and payment service ‘M-Pesa’ in India. The telecom giant has inked a partnership with ICICI Bank to extend this service in India. Vodafone will be offering its customers a mobile money account with ICICI Bank and a mobile wallet issued by MCSL (Mobile Commerce Solutions Ltd), via Read More…

Month:  Categories: Business, Economy & Banking

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Bharti Airtel: World’s fourth largest mobile operator

As per the ‘Scoreboard’ report by analyst firm Wireless Intelligence, Bharti Airtel with over 250 million mobile subscribers is world’s fourth-largest operator in terms of subscribers. Airtel overtook Telefónica of Spain to reach this position. Top 4 Mobile Operators Rankings China Mobile Vodafone Group American Movil Group Bharti Airtel Reliance Communications 8th position Idea Cellular Read More…

Month:  Categories: Business, Economy & Banking

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