Vodafone Idea (Vi) shares surged by 11% in early trade today, reaching ₹9.19, following the company’s announcement of a strategic partnership with HCLSoftware to enhance its 4G and 5G network efficiency and performance.
Partnership Details:
Vi has integrated the HCL Augmented Network Automation (HCL ANA) platform, a multivendor self-optimizing network (MV-SON) solution, to manage its Ericsson and Samsung networks. This initiative aims to:
- Improve Network Efficiency: Leverage AI-powered tools to streamline the operations of its multi-layered network.
- Enhance Customer Experience: Provide faster and more reliable network services to users.
- Promote Sustainability: Implement energy-saving measures, reducing costs and environmental impact
Vodafone Idea Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Tue, Jan 14 2025
|
₹7.80
|
₹8.25
|
|
|
Mon, Jan 13 2025
|
₹7.70
|
₹7.74
|
-0.13%
|
|
Fri, Jan 10 2025
|
₹7.92
|
₹7.75
|
-2.15%
|
|
Thu, Jan 9 2025
|
₹7.98
|
₹7.92
|
-0.88%
|
|
Wed, Jan 8 2025
|
₹8.08
|
₹7.99
|
-0.87%
|
|
Tue, Jan 7 2025
|
₹7.86
|
₹8.06
|
|
|
Mon, Jan 6 2025
|
₹8.29
|
₹7.88
|
-4.72%
|
|
Fri, Jan 3 2025
|
₹8.14
|
₹8.27
|
|
Future-Ready Technology:
The HCL ANA platform supports Open RAN (ORAN) technology, making it adaptable for future advancements. Its open architecture enables Vi to reduce reliance on OEM-specific solutions and enhances automation capabilities.
Market Reaction:
The announcement has fueled optimism among investors, with the stock gaining significant traction on the back of this technology-driven transformation.
Share Performance:
- Today’s Gain: 11.39% (₹0.94 increase)
- Current Market Price: ₹9.19
- Day Range: ₹8.27 – ₹9.20
- Market Capitalization: ₹655.39 crore
This strategic move aligns with Vodafone Idea’s efforts to regain competitive momentum in India’s highly competitive telecom market.
