Aditya Birla Group Chairman Kumar Mangalam Birla on Tuesday said the funds raised by Vodafone-Idea have helped the company restart its capital expenditure cycle. He said this, along with other key initiatives, will provide the company with a ‘more secure position’ that will ensure it remains dynamic and competitive. Speaking at the inauguration of IMC and ITUWTSA 2024, Birla expressed confidence that with the continued support of the Government, Vodafone-Idea Limited (VIL) will play its role in realizing India’s digital future. He said, I am confident that with the continued support of the government, we will play our role in realizing the Prime Minister’s goal of Digital India.
Agreement signed with three companies
I strongly believe in the transformative power of India’s telecom sector and I see it as a bridge to a more connected, empowered and prosperous India. Vodafone-Idea has already announced the next phase of capital expenditure of US$3.6 billion with three global partners Nokia, Ericsson and Samsung, he said. These are all important steps that place Vodafone-Idea in a more secure position and ensure that the company remains dynamic and competitive. Birla said the most complex issues facing the government, regulators and the industry over the past year are related to spam control and fraud protection.
Complete preparation to protect from fake calls
As the network grows, the potential risk to the public increases, especially through ‘phishing’ schemes, fraudulent calls and spam messages, he said. They undermine public trust in communications systems and also put people’s personal and financial security at risk. Birla said that VIL, in collaboration with the government and regulatory bodies, is making significant progress in addressing this threat. He said, Vodafone-Idea is committed to bringing innovations that will fundamentally tackle spam and fraud. Public awareness campaigns are also helping to educate users about how to identify and avoid spam.
