Voda launch 4G in Dec 2015

Vodafone to Buy You Broadband for INR 4 bn

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Vodafone India has signed an agreement to buy You Broadband for around INR 4 bn, the transaction now gone for approval by the Foreign Investment Promotion Board. Once approved by the body, that holds monthly meetings for the purpose, the deal will be finally concluded, said two people familiar with the transaction.

Vodafone has observed the need to offload wireless traffic faster onto cables even in Europe, where it is tying up with AT&T to use a core network being laid a fresh. Yet, in India experts say a complete fiber connectivity for every tower is neither viable commercially nor need for another four years at least. Read more

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Sweekar S

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