Thursday, September 27, 2007
Hutch Now is Vodafone
TECHNOLOGY IS PROGRESSING at a rapid pace unleashing loads of opportunities for mankind. It has been a constant effort from the side of the mobile manufactures to offer you the best in features and best in technology.
To a large extent, we have reaped the fruits and more ripe endeavours are to be exhibited soon. Yes, the mobile phone industry is marching ahead with arms wide open – it won’t take much time to see man and machine becoming one!
With the entry of Vodafone, the largest mobile operator in the entire world, in collaboration with Hutch (Hutchisson Essar), the Indian mobile market is going to boom like anything again.
Vodafone, which recorded a market value of £84.7 billion till June, 2007 has equity interests in 27 countries currently and Partner Networks (networks in which it has no equity stake) in another 40 countries.
The seven markets where Vodafone has more than ten million proportionate customers are Germany, India, Italy, Spain, Turkey, United Kingdom, and the United States.
India, which has always been a fertile ground for many leading companies, will also help Vodafone leap ahead in the coming days. Even though there are major players like Bharti, Reliance, Birla in the scenario, Vodafone’s tie-ups with Hutch cannot be neglected.
Hutch has already been a popular network service provider in the country and how could one forget that cute canine featuring in all those commercials saying “wherever you go our network follows”.
Rewinding a bit, all the effort from Hutch materialized at the 3GSM Barcelona (12th to 15th February). Vodafone declared its successful acquisition of Hutchison’s stake. It beat off bids from rivals Reliance and the Hinduja group.
“Hutch is now Vodafone” - doing great rounds all across the media verticals will definitely give a stiff competition to the leading network operators in India. Only time will tell how the competitors will come up with an appropriate reply! For now, we welcome Vodafone to India...
Labels: GSM
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