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Vodafone ‘s new scheme: With a 1 GB pack Get 9 GB Free

Vodafone ‘s new scheme: With a 1 GB pack Get 9 GB Free

New Delhi: Vodafone to counter Reliance Jio’s free service offer, On Monday announced a free data plan offering 10 GB 4G mobile services at the rate of 1 GB plan but with various riders. Under the offer, a Vodafone customer with new smartphone with get extra 9 GB of 4G mobile broadband usage when he recharges the 1 GB plan. The new scheme is being offered in groups where Vodafone offers its own 3G or 4G services and can be assist by both prepaid & postpaid customers up to 31st December, 2016. Jio is offering unlimited free voice calls to all its subscribers apart from unlimited use of 4G high speed mobile phone services up to December 31, 2016. We are giving a greater reason to customers to upgrade to 4G mobile phones. With this propose, we are encouraging new 4G handset users to enjoy the Vodafone SuperNet experience to the fullest, Sandeep Kataria, Commercial Director of Vodafone India said in a statement. Under the offer, Vodafone customer equally get free subscription to TV, Movies & Music on Vodafone Play. The offer will be applicable on only those 4G smartphones which were not used on Vodafone network in the previous 6 months. In addition, customers in Delhi, Mumbai, Kolkata will receive 9GB of 4G data if the subscribers recharges with 1GB or above plan. However, the customers in Uttar Pradesh(East), Uttar Pradesh (West), Haryana, Karnataka, Maharashtra & Goa, Gujarat, West Bengal ,Kerala , Tamil Nadu , Assam, North East states, Rajasthan will get 9GB of 3G data but only on 4G handset during limited time into 12 AM to 6 AM that...
Vodafone projects to invest $3 billion into India operations

Vodafone projects to invest $3 billion into India operations

NEW DELHI: Vodafone is setting up a raise to $3-billion (Rs 20,100-crore) equity infusion in its India unit to replace debt as competition boost with the entry of Reliance Jio Infocomm and bidding for spectrum gets underway in less than a month. Europe’s largest mobile phone operative is also believed to be reviewing the timelines for Vodafone India’s initial public offering, careful of value destruction due to a tariff war unleashed by Jio, people familiar with the situation said. Overseas market demands make it suitable to replace the debt here with equity as the return on equity is high here & it will trim the debt servicing costs, one of the people said. Vodafone India’s standalone net debt for 2015-16 was around Rs 81,500 crore, according to the company. Vodafone, based in England, declined to comment precisely on the equity infusion & debt replacement plan, but said the company has consistently invested in India and is today the widest foreign direct investor in the country. It added there’s no change in its IPO timetable. Analysts said Vodafone India can be the most violent bidder in the upcoming auction and some expect it to spend as much as $2 billion on acquiring...
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