Vodafone // Current TV

Mobile number portability: Vodafone leads

http://www.rediff.com/business/slide-show/slide-show-1-tech-mobile-number-portability-v... more

shital123
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1 year ago
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Weekly Audit: The Real Legacy of Reaganomics

By Lindsay Beyerstein, Media Consortium blogger Sunday marked the 100th anniversary... more

MediaConsortium
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1 year ago
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ICICI Bank, Vodafone Essar partner to drive financial inclusion in India

ICICI Bank, an Indian private sector bank Vodafone Essar, a mobile network operator in... more

WBrowneNews
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1 year ago
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Airtel’s rebranding – a good move?

With over 143 million subscribers in India, Bharti Airtel is the leading player in the... more

365businessdays
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Airtel’s rebranding – a good move?

http://www.blog.365businessdays.com/post/2010/12/07/Airtele28099s-rebranding-e28093-a-good-move.aspx

With over 143 million subscribers in India, Bharti Airtel is the leading player in the Indian telecom sector. Airtel rebranded its identity, which became the master brand for all 19 countries including 16 countries in Africa (where it acquired Zain Telecom), and Bangladesh (where it acquired Warid Telecom). Company has come up with a new logo design and signature tune, and it will spend Rs 300 crores globally to market it. The new logo does not have the capital ‘A’, but the red colour will still be dominant in the new brand. The red colour, of the brand, continues to represent heritage, energy and passion. Also the new logo has lot similarities with the logo of erstwhile Zain Telecom.
In the course of expanding internationally with the acquisition of companies like Zain and Warid, Airtel is trying to gain an international image in the minds of all the users in various countries it operates in. It is the first time in 15 years that company is changing its logo. The acquisition of Zain added about 40 million subscribers from African countries. Zain is the market leader in 10 countries among the 15 countries acquired by Airtel and on second position in 4 countries. Because of the huge subscriber base in new market, change in logo has been done keeping in mind its synchronization with the logo of Zain. The purpose of the synchronization is to give the sense of continuity to African subscribers (of erstwhile Zain) in form of new logo of Airtel (which is very similar with that of Zain). The operations of Sudan and Morocco will be continued by Zain.
The people’s reactions on new logo are not very positive. According to a research, more than 50% of people disliked the image change which was evident from the comments on public sites like Facebook, Twitter, Linkedin etc., and through poll by research companies. The negative comments show that the logo is “non appealing”, it misses the old connect; and design is a copied version of logos of other companies like Vodafone, Videocon, Uninor, etc. Also many people have criticized the company for investing such a huge amount in rebranding, instead of improving their customer service and network availability and their readiness for 3G services. While the comments from the social media are overflowing with the negative comments, traditional media have positive or neutral responses. Approximately 74% of news reports and articles seem to be in favour of the new face of Airtel.
The possible loss of unhappy customers in India, who are disappointed with the rebranding of Airtel, will be easily offset by the acquisition of subscribers of Zain in Africa. Only the future will tell what will be the impact of this rebranding exercise on the Airtel’s fortune, and how will the competitors respond to this move by Airtelhttp://www.blog.365businessdays.com/post/2010/12/07/Airtele28099s-rebranding-e28093-a-g... more

365businessdays
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1 year ago
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Irish Economic Meltdown

http://www.blog.365businessdays.com/post/2010/12/06/Irish-Economic-Crisis.aspx

Ireland economy’s phenomenal growth during 1993 to 2007 (also known as “Celtic Tiger”) was largely based on the success of the economic model driven by factors such as banks providing cheap credit, low cost base, educated work force etc. With Ireland’s entry to European Union (EU), many foreign companies established their businesses in the country. In a bid to promote foreign inflows, Irish Government introduced favourable tax structure for international transfer pricing, liberal taxation policy etc. Irish wages grew 5 times faster as compared to that of European Union from 1997 to 2007. New banking model introduced by the government by the name “originate to distribute” (a process that allows banks to increase their lending base without violating the government norms. The banks in this model make loans and do not hold them, but lend them to other financial institutions as securitised asset package.) increased the liquidity of banks to a record level. By the introduction of subsidies and investment capital, Ireland was able to attract companies like Microsoft, Dell, and Intel to the Irish market. Approximately 14000 jobs were created in Finance, law and accounting fields in 1990s. Export-driven industries, such as software, medical devices, biotechnology and real estate were the key drivers of the Ireland economy before the crisis. Industrial peace, trouble-less relationship with the nations etc, all was resulting in a new positive attitude and economic growth in the country.
The dream run ended n 2008, when country faced economic meltdown due to the various factors such as overspending by Government, loose taxation policy, high dependency on real estate and construction industry, and blanket guarantee provided by all banks. The country’s GDP growth rate started falling drastically since 2008. Ireland’s GDP growth was 6% in 2007 to 1.6% in 2008, -3% in 2009 and -8% in 2010 so far. Easy regulations framework of the government had led to high lending to the real estate and construction sector. The demand for real estate was on the peak in 2006, when the economy shifted away from manufacturing to services and real estate. After the global recession of 2008-09, domestic demand fell by 16 percent, investment collapsed by over 40 percent, and housing prices plunged 30 percent. Investors started backing out from the real estate and construction projects as they started seeing Ireland as a country with huge lending risk. Due to this, developers and other related firms in real estate industry began to fall behind on their loan repayments and started losing money which led to record bank losses. The fall in the tax rich activities such as demand for housing and real estate caused major drop in tax revenue.
As the economy of Ireland was gaining momentum by 2007, so did the size of government expenditure. Even after the downfall in 2008, Government didn’t stop spending for three years. Spending by the Government rose from €27bn in 1998 to €76bn in 2008. The government of Ireland borrows approximately 2.6 billion on monthly basis to fund its day to day expenses. Government’s debt levels have also increased enormously from 24.8% of GDP in 2007 to 44.1% in 2008 and 64.5% in 2009. If the same trend continues, soon the country’s borrowings will be over 100% of GDP.
During the good times, when the country’s fiscal condition was strong, Irish banks provided cheap credit to people who in some cases couldn't pay it back. Irish banks borrowed huge amount of money from the money markets, and in return loaned this money to investors. After the job loss and monetary losses, Irish investors couldn’t pay back the money borrowed from the bank, and banks couldn’t repay the investors on the money markets. Since Investors have lost the confidence in the economy and consider Ireland as a risky destination to invest, now they charge almost twice of the previous lending rates.
Major banks in the country became insolvent and unable to lend. Collapse in the tax revenues lead to fiscal deficit of 11.7% of the GDP for 2009. The composition of taxes shifted from the stable sources such as income tax, excise duties etc. to cyclic taxes such as corporation tax, stamp duties, service tax etc. Cyclic taxes were increased from 8% in 1980s to 30% in 2006. The cyclic taxes are based on transactions. The number of transaction fell drastically during the crisis and tax revenue fell by almost 14 per cent, with fall in cyclically sensitive taxes, at 36 per cent. Had Ireland tax structure was less cyclic based, the loss in revenue would have been much lower.
The crisis led to about 65,000 people leaving Ireland in 2009, and it is estimated that the number may increase to 120,000 in 2010. The rate of unemployment reached 13.7 %, a 16-year high in June, 2010 and is expected to reach 18.5% by 2011. Country’s stock exchange which was flourishing at 10,000 points in 2007 came to 1,987 points in 2009, a 14-year low. Total exports of goods and services from Ireland in 2009 fell by 1% to €154bn.
The European Union has agreed to loan approximately $89.4 billion to Ireland to help it come out of its massive crisis. The government is now taking the majority control of the affected banks like Allied Irish Banks and Anglo Irish Bank Corp. The EU/IMF has put strict conditions on its loans and may require Ireland to consider tax increases and spending cuts. As a result of these measures, situation has improved in Ireland. Recently Ireland recorded the second largest trade surplus in EU countries in last six months (January – June 2010) by exporting €9,327m to the US and imported just €4,086m. Ireland is only surpassed by Germany in the EU nations. It is the time for the people of Ireland to wake up and force the Government to bail out the corrupt banking institutions, start cutting their public expenditure budget and to strategise the future effectively.http://www.blog.365businessdays.com/post/2010/12/06/Irish-Economic-Crisis.aspx... more

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1 year ago
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SC to Vodafone: deposit 2,500 cr deposit, BG Rs 8,500 crore

The Supreme Court today asked Vodafone LLC to deposit Rs 2,500 crore and a bank... more

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1 year ago
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Protesters Shutdown Vodafone

Vodafone closed its Oxford Street store in the face of protesters angry that the firm... more

YouandIfilms
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1 year ago
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"Protestors close down Vodafone flagship store on Oxford St over £6b 'tax dodge'."

The title of this post comes from a recent tweet by @AnnaAdamsBBC @chris_coltrane... more

Mcellie
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1 year ago
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Income Tax dept hands Vodafone $2.5bn bill

The Income Tax department on Friday slapped a tax demand of Rs 11,217.95 crore ($2.5... more

ashish_indiareport
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1 year ago
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Vodafone given $2.5bn Indian tax bill deadline

Indian tax authorities have given Vodafone 30 days to pay a 112bn rupee ($2.5bn,... more

CarolineS
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1 year ago
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Current Virals 10/27

These are your Current Virals for 10/26. Check out the latest virals at... more

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2 years ago
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Google releases the Nexus One

The day has arrived and Google’s Nexus One handset is here.

admillios
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2 years ago
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COO of Vodafone talks ‘LTE and the Rise of the Mobile Prosumer’

Leading operators are now finding themselves in the hands of the ever-creative software/hardware companies and the changing consumer culture. iPhone appstore was the first to take advantage and make millions from the operators' customers, creating a financial redistribution within the Telecom industry. Despite this the world’s largest mobile-phone company (Vodafone) has just posted a 2.9 percent rise in profit.
A consortium led by Vodafone COO Kyle Whitehill is currently meeting in Sentosa at the NGT Summit held by GDS International. This closed meeting featuring Zhang Fan - CTO - China Unicom, Anil Tandan - CTO - Idea Cellular, Ravinder Jain - CIO – Aircel and Mu Piao Shih - President - Chunghwa Telecom was called to debate the rapid pace of communication, transforming from the one-to-one (direct) voice communication to the fast, informal and responsive opinion and thought exchange we have today and how operators can reduce the immense cost of a large network but maintain a high level of customer experience.

“The challenge with new technology is that it's big, complicated, expensive and with 3G, 4G, LTE, and TDD making its mark in the industry we are faced with the ultimate threat of being a dumb pipe provider. Our role is to provide fast, effective solutions that meet customer needs.” Kyle Whitehill - COO, Vodafone India and chairperson of the NGT Summit.

Such consumer and technology transformation has distorted the way 'Prosumers' consume their products and services, and interact with their mobile devices. The industry waits to see if Asia's Top Telecom guns can decide on a unified approach to map revenue streams back to the operators.

“It’s not just about the way communication has transformed, but also a revolutionary change of customer behavior. Traditionally, the consumers simply consumed products and services; but now they are becoming ‘Prosumers’ who use traditional services, but at the same time share, recommend and critique these products as well.” Roar Wiik Andreassen Chief Strategy Officer, DTAC

"We at NGT are very proud to host the region’s leading telecoms lights and are looking forward to working closely in collaboration with all our CTO's over the coming years in APAC as they diversify and optimize their networks. This has been an exceptional gathering even by our own high standards and much progress has been made by our operator and vendor partners alike. Nick York" - NGT Summit Director Asia Pacific concludes.Leading operators are now finding themselves in the hands of the ever-creative... more

JFunnell
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2 years ago
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The Rise of the Mobile Prosumer - World leaders meet at the NGT Asia Summit

The average handset has evolved from the humble voice-box, to the total media centre. As a result thousands of start-up companies are profiting out of the Telecom sector’s advances, supplying the various add-ons which inevitably accompany any new wave of technology. Such innovations were used by the operators to supplement the pricey voice packages. However, the operators are now finding themselves in the hands of the ever-creative software/hardware companies and the changing consumer culture. iPhone appstore was the first to take advantage and make millions from the operators’ customers, creating a financial redistribution within the Telecom industry. With the telecom giants left to maintain the costly infrastructure that supports this ever growing new-media industry, the outlook for today’s communication service providers is set to get worse in a new 4G world where broadband is everywhere (LTE, WiMax, FTTX and cloud services). How can the giants sustain such costs and avoid being relegated to the sidelines as bit-pipe providers?

To answer this question visionaries such as Zhang Fan - CTO - China Unicom, Anil Tandan - CTO - Idea Cellular , Ravinder Jain - CIO – Aircel, Michael Kuehner - CEO - AXIATA Bangladesh and Mu Piao Shih - President - Chunghwa Telecom are all set to attend what is a closed meeting at the NGT APAC summit in Sentosa, to discuss a unified investment strategy to provide Long Term Evolution (LTE) across the existing 3G network. Such increased download speeds will allow the telecom industry to capitalize on the change in consumer habits and provide wider service offerings.

“Asia’s innovative technologies have inspired the western world and with economic pressures alleviating, we are now looking to invest in 4G to capitalize on the ‘Prosumer’ market.” Said a spokesman for the fifty strong consortium at the NGT APAC Summit
This most elite of delegations led by Kyle Whitehill – COO, Vodafone India, are set to discuss the rapid pace of communication, transforming from the one-to-one (direct) voice communication to the fast, informal & responsive, opinion and thought exchange we have today.

‘Such a meeting has been a long time coming, large operators have been losing revenue as the communication market has diversified, network optimization should lend to them finding new revenue streams as the level of service can expand’ – Nick York – NGT Summit Director Asia Pacific.

Such consumer & technology transformation has distorted the way 'Prosumer' consume their products & services, and interact with their mobile devices. The industry awaits to see if Asia’s Top Telecom guns can decide on a unified approach to map revenue streams back to the operators.The average handset has evolved from the humble voice-box, to the total media centre.... more

JFunnell
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2 years ago
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Robot Left Batman 4 Dead

Boo to Mondays, but we'll turn that frown upside down with some Top 5 Virals!... more

Current_Virals
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2 years ago
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Vodafone Symponia Recreates Tchaikovsky's 1812 Overture with Cell Phones, Text Alerts

Its amazing what modern technology can, as perfectly demonstrated by Vodaphone with... more

JClem
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2 years ago
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Telecom Giants jump into action at first bell

Telenor, T-Mobile, Vodafone and Tele2 meet to discuss the future of Telecoms

The European Telecom industry is one of the most competitive in the world. This has been accredited to the affinity between network operators. With a turnover of approximately EURO 290 billion, the industry is constantly growing, but with growth comes new challenges.

A recent challenge facing the industry is its high-profile loss against the EU, having roaming charges cut by up to 400%. The Telecom Industry is big business, and it continues to grow by stepping up and meeting such challenges head-on. As a result, last week, 50 visionaries from leading incumbents and Mobile Operators joined innovators such as Ericsson, Symantec, Volantis and Front Porch to look into ways of developing efficient processes to reduce costs and pass savings on to the consumer.

Moreton Karlsen Sorby, EVP and COO at Telenor Mobile spoke out during his Keynote address at the recent NGT EU summit.

“The Telecom industry will remain fundamentally attractive... With the internet already creating huge waves in the Telecom industry, we expect this to continue, providing the best products and services to the customer.” Moreton continues, “Telecom regulations will be a challenge, but one the industry will Endeavour to overcome to the benefit of the consumer. We must remember that the power of the customer will continue to grow and ultimately shape the future of Telecom.”

Another key discussion point covered amongst the 50 industry titans was a debate chaired by Vodafone’s Ger Coolen looking into reducing churn – Service Management Challenges and Effectively Managing SLA’s. “In a highly competitive and saturated market such as Western Europe, reducing churn is one of the few battlefields left to show significant growth.”

“What we in the industry must remember is competition has ultimately raised the standard of service, competition has fast tracked technology and made former monopolies more respondent to the needs of the consumer” Fraser Jameson – Director – NGT Summit.

With countless alternative service offerings around the traditional voice tariffs, in particular wireless broadband, the playing field has been levelled, but who will come out on top?Telenor, T-Mobile, Vodafone and Tele2 meet to discuss the future of Telecoms... more

JFunnell
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2 years ago
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Vodafone to offer Apple iPhone as well

Vodafone is following in the footsteps of Orange after it revealed it will also make... more

DreemTeem
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2 years ago
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10 comments

Vodafone McLaren Mercedes Widget

With the Vodafone McLaren Mercedes Widget you can access live telemetry from Lewis... more

KevinFederline
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2 years ago
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