Vodafone Idea Signs Multi-Million Dollar IT Deal With IBM

India’s largest telecom operator Vodafone Idea Ltd announced a five-year multi-million-dollar IT outsourcing deal with tech giant IBM. The company did not divulge the size of the deal but some reports pegged it at about $700 million.

Vodafone Idea stated that AI and machine learning based cognitive solutions aim to provide it a secure environment ensuring regulatory compliance, intelligent threat detection, and data protection.

Source: Livemint

Static/Current Takeaways Important for LIC AAO Exam:

  • Balesh Sharma is the CEO of Vodafone Idea.

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