Delhi. Vodafone India has introduced a new Roaming Scheme for its customers this summer, in which pack of Rs 32 will feature free in-coming calls and local calls at 80 paisa per minute. According to a new release, Vodafone postpaid customers of the company will have different validity and talktime from Rs 35 to 205 to choose from. Apoorv Malhotra, business head of Vodafone India, announcing the new schemes said that these packages have been designed by understanding the reactions of the people so that people don’t face any dilemma to use their mobile phones while going to other cities. According to the release prepaid roaming pack of Rs 32 will be valid for 7 days. Vodafone plans to raise 2-2.5 billion from Initial Public Offer (IPO) may have a negative impact on the other listed companies in the market, said by a investment banking firm. The investment bank said in a report that the country’s telecom sector is changing constantly. Market is moving from 2G to 3G and now towards 4G. The report said that Vodafone’s output is the second largest in India after Coal India which will be counted in the eyes of investors.
According to the reports, the upcoming launch of Reliance Jio will multiply the competition in the market, because India is believed to be the last and huge potential market in terms of data consumption. This has accelerated the process of mergers and acquisitions. Bharti Airtel and Reliance Communications are increasingly trying to buy spectrum. Makvory has said, due to the recent gains in the absence of any positive trend and upcoming 700MHz spectrum auction, we have reduced the ratings of Bharti and Idea to neutral. Bank said, we are likely to switch to Idea instead of Bharti. According to the report, the idea of IPO was under consideration for many years. Recent reports say that the IPO is expected to be bought in mid-2017. Although Vodafone can bring it soon, because of the launch phrase of geo in the second half of 2016 may increase the competition in the market next year.