Vodafone Idea Share Price | Beneficial update on Vodafone Idea company, penny stock will be affected – NSE: IDEA
Vodafone Idea Share Price | According to a report by Moneycontrol, Vodafone Idea Limited Company (NSE: IDEA) has removed the technology of telecom network equipment providers Huawei and ZTE. Vodafone-Idea Limited has assured the Central Government that the Chinese company is not involved in core telecom technology. (Vodafone Idea Limited Company Excerpt)
Current status of stock
However, shares of Vodafone-Idea Limited also declined on Thursday as the stock market declined. The company's shares fell to Rs 9 on Thursday. On Thursday, October 17, the stock was trading at Rs 9.05, down 2.58 per cent. On Friday, October 18, the stock was trading at Rs 9.03, down 0.22 per cent. Vodafone-Idea Limited recently appointed Samsung to replace Huawei and ZTE. Vodafone-Idea Ltd has signed a new agreement with Ericsson to replace Huawei's 4G devices in metro cities like Delhi.
What information did the company give?
Jagbir Singh, Chief Technology Officer of Vodafone Idea Limited Company, said, 'Vodafone Idea Limited Company has assured the Central Government that we have removed Chinese technology from the core network of the company. Vodafone Idea Limited The company has ensured that no Chinese technology is included in the core network. This is because this technology is the brain of Twork and where all the databases are stored.
The company replaced the device
Vodafone Idea Limited Company has replaced all the devices using European or American spoilers. For radio networks, Vodafone Idea Limited Company continues to replace any end-of-life or unsupported devices. Vodafone Idea Ltd has ordered Samsung and Ericsson to expand 4G and 4G rollout.
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