Vodafone Carrier Services, the wholesale arm of Vodafone Business, has introduced Scam Signal, an API aimed at countering impersonation scams, particularly within the realm of Authorised Pushed Payment (APP) fraud.
This new API, Scam Signal, has demonstrated promising results, boasting a 30% improvement in scam detection during a successful pilot with a UK bank over three months.
Vodafone has achieved a significant milestone in the UK’s Shared Rural Network (SRN) initiative, announcing the activation of its 200th site. This accomplishment marks a notable improvement from the 57 sites operational a year ago, underlining the urgency faced by the country’s major mobile network operators (MNOs) to meet rural coverage obligations.
Vodafone Idea is initiating one of India’s largest follow-on public offerings, seeking to amass roughly $2.16 billion. Placing the firm under pressure is its struggle against a decreasing market share and encumbering debt, the result of fierce competition within India’s telecommunications industry. Despite currently being hindered by its financial situation to invest in network enhancements, expectations linger for the telecom’s debut of 5G services by year’s end.
The UK’s Competition and Markets Authority (CMA) is ready to plunge into an in-depth probe into a possible £15 billion merger between telecommunications giants Vodafone UK and Three UK, a decision that could reshape the mobile market landscape. This action, while not surprising, showcases how the regulator continues to question the ambiguous benefits claimed by the companies regarding impact on competition and investment.
Nokia and Vodafone have recently achieved a significant milestone in internet technology, claiming to have conducted the world’s first trial of L4S technology over an end-to-end PON (Passive Optical Network). This breakthrough, they assert, holds the potential to eradicate lag during activities such as gaming and video calls.
Vodafone Germany is set to reduce its workforce by 2,000 in the next two years as part of a cunning organizational restructuring strategy. These significant shifts aim to transform the telecom titan into a “simpler, faster, leaner, and more powerful” operation.
Three UK’s latest financial report reveals a concerning swing to a loss, underscoring the company’s pressing need for a merger with Vodafone, as articulated by its chief executive. Despite experiencing growth in both revenue and customer base last year, the mobile operator faced increased capital spending and operating costs, leading to its first earnings loss in over a decade. This financial downturn has been a pivotal factor in advocating for the proposed merger with Vodafone, according to Three UK’s CEO, Robert Finnegan.
Vodafone has announced an ambitious plan to launch 300 Business IT Hubs across the UK, aimed at empowering small and medium-sized enterprises (SMEs) with comprehensive IT and communication solutions. This initiative seeks franchise partners to establish these hubs, which will function as independent entities under the Vodafone brand, providing localized IT support.
In an ambitious move following its planned merger with Three UK, Vodafone has announced a significant enhancement of its network capabilities across Scotland, targeting a comprehensive deployment of 5G Standalone (SA) technology. By 2034, the telecom giant aims to cover 89% of Scotland with this advanced network, promising a substantial boost in national productivity valued at approximately £9 billion by the end of the decade.
In a notable development, Vodafone has agreed to sell its operations in Italy to Swisscom, the Swiss telecommunications giant, for €8 billion, marking a significant shift in its business strategy. This sale is part of a broader effort by Vodafone to restructure its operations across Europe, aiming for a stronger, more focused presence in growing markets.
