USNMix Report: Vodafone dismissed
news of leaving India as 'rumor'.
Vodafone has been experiencing temporary financial loss.
Vodafone has been experiencing temporary financial loss.
One News agency claimed that
Vodafone would no longer exist. Vodafone, a popular telecommunications company,
will be moving any day from India to other country. Vodafone dismissed the news
as 'rumors'. Vodafone said they have no such plan.
A news agency claims that
Vodafone has already begun preparing to cut business from India. They said
Vodafone has been facing a downturn in the competition market for the past few
months. In a short time, they have lost many customers.
Similar is the case
with Vodafone's partner company Idea. They too have lost millions of customers
in the last few months. According to sources, the two companies have not seen
the face of profit for a long time. In this situation it is not possible for
them to continue their business.
Vodafone has claimed that
the issue is completely false. Vodafone issued a statement on Wednesday,
calling it a rumor, saying yes, they were temporarily facing financial loss,
but they did not appeal to anyone to reduce their debt.
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