After the successful acquisition of Hutch by Vodafone beating the Reliance and the Hindujas bid they have launched thier sizzling red brand, today in the indian market. This is defnitely a big day in the india telecom and probably the biggest migration happened so far...
Asim Ghosh, Managing Director, Vodafone Essar, said: "We've had a great innings as Hutch in India and today marks a new beginning for us. Not as a departure from the fundamentals that created Hutch, but an acceleration into the future with Vodafone's global expertise."
"It is even larger than our own previous brand transitions as it touches over 35 million customers, across 400,000 shops and thousands of our own and our business associates employees." said Mr. Harit Nagpal, Business and Marketing director.
With the acquisition of Hutch in India, Vodafone has spread its operations in 26th country, covering five continents & 40 partner networks with over 200 million customers worldwide.
Though it costed Vodafone over $11b to bag hutch in India they strongly belive its the right deal and a good strategic move for them & thier brand to enter this emerging market. Vodafone has also got a 10% stake in Bharti Airtel.
To Know more log on to http://www.vodafone.in/
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