Latest News
Vodafone Idea Taps Nokia as Primary 4G and 5G Network Partner in India!
Vodafone Idea Limited (VIL) has signed a three-year agreement with Nokia to deploy and modernize its 4G and 5G networks in India. This partnership encompasses network planning, deployment, integration, and optimization, strengthening Nokia’s position as a major supplier for VIL’s infrastructure.
Financial Details and Strategic Importance
While the financial specifics of the deal remain undisclosed, this contract is a significant win for Nokia, especially after losing a key 5G contract with AT&T to Ericsson last year. The agreement between VIL and Nokia is expected to drive connectivity improvements for approximately 200 million Vodafone Idea customers, with immediate deployment planned.
Market Context
This collaboration comes at a crucial time as Vodafone Idea seeks to regain market share in India’s competitive telecom sector. With Reliance Jio and Bharti Airtel leading the market, enhancing their network capabilities is vital for VIL’s financial recovery.
Nokia to Expand Market Share and Replace Vendors
Under the new deal, Nokia will expand its market share and replace incumbent vendors in strategic regions like Chennai and Andhra Pradesh. These areas contribute over 50% of VIL’s revenue, making the deployment critical to the company’s financial recovery and competitive positioning.
Modernizing 4G and Building 5G
Nokia will deploy equipment from its 5G AirScale portfolio, powered by energy-efficient ReefShark System-on-Chip (SoC) technology. This includes advanced base stations, baseband units, and Habrok Massive MIMO radios. Additionally, the 4G network will be upgraded with multiband radios and baseband systems that are 5G-ready.
To enhance network performance, Nokia will deploy its MantaRay Self-Organizing Network (SON) modules, which offer automated configurations to address specific operational challenges and optimize performance.
Vodafone Idea’s Revival Efforts
Since the 2017 merger of Vodafone India and Idea, VIL has struggled to maintain its leadership position, currently ranking third in the market behind Reliance Jio and Airtel. The company posted record losses in 2020, prompting the Indian government to acquire a 38% stake, which has since been reduced to 25%.
In June 2024, VIL announced a plan to issue shares worth ₹24.58 billion (€294.2 million) to network vendors Ericsson and Nokia, aiming to reduce its substantial debt of $42.17 billion.
A Decades-Long Partnership
Nokia has been a longstanding partner of Vodafone Idea, supporting its evolution from 2G to 5G networks. Speaking on the new partnership, Akshaya Moondra, CEO of Vodafone Idea Limited, stated:
“We are committed to providing a best-in-class 4G and 5G experience to our customers, and this new deal with Nokia, who has been our partner since the beginning, will help us achieve that.”
Tommi Uitto, President of Mobile Networks at Nokia, added:
“This is a continuation of our long-term partnership that has lasted for over three decades and highlights Vodafone Idea’s trust in our technology portfolio.”
Conclusion
The partnership between VIL and Nokia signifies a key step in Vodafone Idea’s efforts to regain market competitiveness by enhancing its infrastructure and offering advanced connectivity solutions. As both companies collaborate on this ambitious project, they aim not only to improve service quality but also to foster innovation in India’s rapidly evolving telecom landscape.
With aggressive plans for modernization and expansion, Vodafone Idea is positioning itself for future growth while navigating the challenges posed by an increasingly competitive environment. This strategic alliance with Nokia could play a crucial role in revitalizing VIL’s operations and ensuring it remains relevant in one of the world’s largest telecommunications markets.
Latest News
Centre Mulls Revoking X’s Safe Harbour Over Grok Misuse
The Centre is weighing the option of revoking X’s safe harbour status in India after its AI chatbot Grok was allegedly misused to generate and circulate obscene and sexually explicit content, including material seemingly involving minors. The IT Ministry has already issued a notice to X, directing the platform to remove unlawful content, fix Grok’s safeguards, act against violators, and submit a detailed compliance report within a tight deadline. If the government finds X’s response inadequate, it could argue that the platform has failed to meet due‑diligence standards under Indian law, opening the door to harsher action.
Under Section 79 of the IT Act, safe harbour protects intermediaries like X from being held directly liable for user‑generated content, provided they follow due‑diligence rules and promptly act on legal takedown orders. Revoking this protection would mean X and its officers could be exposed to criminal and civil liability for obscene, unlawful, or harmful content that remains on the platform, including AI‑generated images from Grok. This prospect significantly raises X’s compliance risk in India and could force tighter moderation, stricter AI controls, and more aggressive removal of flagged posts.
The Grok episode also spotlights the regulatory grey zone around generative AI, where tools can create harmful content at scale even without traditional user uploads. Policymakers are increasingly questioning whether AI outputs should still enjoy the same intermediary protections as conventional user posts, especially when they involve women and children. How the government ultimately proceeds against X over Grok misuse could set a precedent for AI accountability, platform responsibility, and safe harbour interpretation in India’s fast‑evolving digital ecosystem.
Latest News
How Pronto Is Redefining 10-Minute Home Services in India with a $25 Million Fundraise
Home services startup Pronto is in advanced talks to raise about $25 million at a near-$100 million valuation, underscoring strong investor confidence in India’s fast-growing 10-minute home services market. This potential round would be the company’s third major funding milestone after its $2 million seed and $11 million Series A in 2025, backed by marquee investors such as General Catalyst, Glade Brook Capital, Bain Capital and new participant Epiq Capital. The fresh capital is expected to further strengthen Pronto’s positioning as a leading tech-led household help platform for urban consumers.
Pronto operates a 10-minute on-demand home-services platform that connects users with trained, background-verified workers for everyday tasks like sweeping, mopping, utensil cleaning, laundry and basic cooking. Using a hub-and-spoke, shift-based model, the startup stations workers at hyperlocal hubs, enabling sub-10-minute fulfilment and more predictable earnings compared to the informal domestic-help market. Founded in 2024 by Anjali Sardana and based in Delhi NCR, Pronto has already expanded from Gurugram into major cities such as New Delhi, Mumbai, Bengaluru and Pune, and is handling around 6,000 daily bookings with nearly 1,300 active professionals as of December 2025.
The upcoming $25 million fundraise is expected to be used to enter more metros, deepen presence in existing neighbourhoods with additional hubs and upgrade Pronto’s technology for smarter routing, shift planning and real-time operations. A significant portion of the capital will also go into training, retention and benefits for its workforce to maintain consistent service quality at scale, especially as competition heats up from rivals like Snabbit and Urban Company in the rapid home services space. This near-$100 million valuation not only validates Pronto’s model but also highlights a broader shift toward organised, tech-driven domestic-help solutions in India’s largely informal home-services market.
Latest News
Bhavish Aggarwal Sells ₹325 Crore Ola Electric Stake, Retains Control
Bhavish Aggarwal has sold Ola Electric shares worth about ₹325 crore over three consecutive trading sessions, primarily to fully repay a promoter-level loan of ₹260 crore and release all pledged promoter shares. Despite the stake sale, he continues to hold a significant shareholding of over 34 percent in Ola Electric, and the company has clearly stated that there is no change in promoter control or his long-term commitment to the business. This one-time, limited monetisation at the promoter’s personal level is positioned as a structural clean-up rather than a signal of reduced confidence in the company.
The transactions, executed through open-market bulk deals, included an initial sale of about 2.6 crore shares worth roughly ₹92 crore at an average price of ₹34.99 per share, followed by additional trades of around ₹142 crore and ₹90 crore, taking the total sale value to approximately ₹324–325 crore. As a result, Aggarwal’s stake has fallen by a little over 2 percent, while all previously pledged promoter shares about 3.93 percent of Ola Electric’s equity are being released, removing the overhang and risk typically associated with pledged stock. The company has also clarified that these deals do not involve any capital raise or dilution by Ola Electric itself, which is important for investors tracking promoter stake and governance.
The share sale came at a time when Ola Electric’s stock had been under pressure, even hitting an all-time closing low amid concerns around growth, competition and heavy promoter selling. However, once the company confirmed that the stake sale was complete and all promoter-level pledges would be cleared, the stock rebounded sharply, gaining around 9–10 percent as markets welcomed the removal of this technical overhang. For investors, the focus is now expected to shift back to Ola Electric’s core fundamentals EV sales growth, margins, and market-share performance in India’s two-wheeler EV segment while the reduced promoter debt risk and continued high promoter holding offer some comfort on long-term alignment.

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