Archive for Vodafone

Infinite Reality & Vodafone to Unveil Revolutionary Automotive Onboarding Service Featuring Generative AI and VR at Mobile World Congress Barcelona 2024

Posted in Commentary with tags , on February 21, 2024 by itnerd

 Infinite Reality (iR), a global leader in artificial intelligence innovations and immersive virtual experiences, together with telecommunication giant Vodafone, is thrilled to announce the unveiling of an innovative automotive original equipment manufacturer (OEM) onboarding service at Mobile World Congress 2024 in Barcelona. This pioneering product, set to redefine automotive retail and customer onboarding, will be showcased in a state-of-the-art mixed reality experience, demonstrating the advanced capabilities of Vodafone’s Pairpoint technology. 

AI-Onboard utilizes the latest in generative AI, coupled with augmented reality (AR) and virtual reality (VR), to offer an immersive and interactive experience that showcases the future of customer engagement and retail. This initiative serves as a powerful example of how Infinite Reality is reshaping customer engagement through cutting edge, immersive solutions.

This extension of Infinite Reality and Vodafone’s partnership, highlights their collective commitment to innovation and bringing forward customer-centric solutions. Building from their collaborative success at the 2023 London Tech Week, the Mobile World Congress 2024 showcase promises to be a landmark event, illustrating the transformative impact of advanced AI-driven immersive experiences with Pairpoint Technology in the retail sector.

For more information about AI-Onboard and future collaborations between Infinite Reality and Vodafone, visit the websites of Infinite Reality and Vodafone. 

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Verizon Approves Buyout Of Vodafone Share

Posted in Commentary with tags , on September 2, 2013 by itnerd

It may be Labour Day, but it doesn’t stop the tech news from hitting the Internet. The big news today is that Verizon has bought out the stake that Vodofone had in it for $130 billion:

The complex cash-and-stock deal includes a $58.9 billion cash component, as well as a further $60.2 billion in Verizon shares. The American company also will hand Vodafone its current 23 per cent holding in Vodafone Italy for $3.5 billion, as part of a series of smaller transactions connected to the deal.

Here’s why Vodafone would do this deal:

The deal does give Vodafone a huge war chest, and could have a big effect on the European telecommunications industry, which has been faced with lackluster earnings and increased international competition — even as regulators push for carriers to invest in new, high-speed data networks that would put consumers and business customers on a more equal digital footing with data users in the United States and the most advanced parts of Asia, like South Korea.

As for Verizon, the reason for them to do this deal is that they would not have to share the revenue from the US marketplace. Over time, that could become very profitable.

Now, the only outstanding item is this. Does this deal mean that Verizon’s entry into the Canadian marketplace is off the table? That’s still up in the air. We’ll find out on the 17th of September when the deposits for the spectrum auction. My feeling. They’ve just dropped $130 billion. What’s another few billion?

 

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Verizon Makes Bid To Buy Vodafone Stake…. Is Canada Off The Table?

Posted in Commentary with tags , , , on August 29, 2013 by itnerd

Here’s a plot twist that I’m sure that nobody was expecting. Here’s what Reuters is saying:

Verizon Communications Inc is in advanced talks to buy Vodafone Group Plc’s 45 percent stake in their U.S. joint venture for about $130 billion, Bloomberg reported late on Wednesday, citing people with knowledge of the matter.

Okay, so every Canadian reading this blog is wondering why this matters. Let me take you to the Toronto Star for the answer:

Verizon’s balance sheet priority would be on a U.S. deal, and management may not want to detract their focus by investing in Canada, said Dvai Ghose, head of research at Canaccord Genuity.

“If negotiations between Verizon and Vodafone are really heating up, we believe that the prospects of a Verizon entry into Canadian wireless could decline significantly,” Ghose said in a note to clients. The opportunity north of the border is small for a “behemoth” like Verizon, Ghose said.

That doesn’t mean that Verizon does not want to enter Canada, they just don’t want to enter right now because they may need the money. Or they may enter in a different manner. Or it changes nothing. It’s way too early to tell. Thus we’ll have to watch and wait to see what they do on September 17th when deposits for the spectrum auction are due.

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