Vodafone Idea shares surge another 11% on network enhancement partnership with HCLSoftware

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:

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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
+6.59%
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
+2.28%
Mon, Jan 6 2025
₹8.29
₹7.88
-4.72%
Fri, Jan 3 2025
₹8.14
₹8.27
+1.60%

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.