History and background of Vodafone:
Vodafone is a multinational conglomerate with its headquarters in London. It is predominantly operating in the regions of Europe, Asia, Africa as well as Oceania. It is operating in more than 25 countries. Also, it has partnered networks with additional 50 countries. Vodafone has its second ranking in terms of the number of connections behind China. Vodafone is providing IT services as well as telecom services to the people in different countries of the world.
Its evolution started in the year 1982 with the establishment of Racal strategic radio Ltd, i.e. a subsidiary of Racal electronics. It latter formed a joint venture with Millicom that is at present operating as Vodafone. Its name has come up over the voice data fone that can be chosen by a company, so as to reflect the provision of the data as well as voice services over the phone.
In the year 2005, it announced the 10% stake of the Bharti operating the leading network operator of India, i.e. Airtel. In the February 2007, it decided to acquire a controlling interest of 67% in Hutch Essar. At the same time, it decided to sell 5.6% stake of Airtel to Mittal’s. Now, it has only 4.4% Stake of Bharti. In October 2007, Hutch was rebranded as Vodafone in India. By late January 2017, it has announced to merge up with India’s third largest network operator, i.e. Idea cellular.
Products and services:
Vodafone has offered its users with a wide range of products as well as services. In the year 2009, it launched a new internet service for PC as well as Mac. Vodafone has launched world’s cheapest mobile phone known as Vodafone 150, i.e. intended to sell below 10 pounds or 15 dollars in the developing world. It was initially launched in India. Now it also offers Vodafone online recharge solutions.
- Mobile money transfer: in February 2008, Vodafone launched a money transfer system in Kenya that has gained 1.6 million customers.
In February 2012, Vodafone has announced its partnership with Visa across the world.
- M health services: in November 2009, Vodafone decided to announce a new business focusing its interest on emerging m health market.
Like other network operators, Vodafone has also offered its users with network connections, i.e. Prepaid as well as postpaid. As the name suggests, in prepaid one is required to make the payments first and later enjoy the services and the post paid is the vice versa; one needs to get his/her number recharged with the upcoming Vodafone online recharge offer available for that number. One can get a Vodafone online recharge done either at the recharge shop or at their home. For comfort and convenience point of view, most of the users tend to get their number recharged by making use of the apps like Paytm, Mobikwik, Freecharge, etc. These apps used to accept 80 plus modes of payments. One can make choice for the payment mode according to his/her comfort zone and get the recharge done in a few easy steps.