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Now Idea offers free incoming roaming facility to customers

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Idea, Free incoming roaming, Business news

Mumbai: Indian mobile network operator company Idea Cellular today announced that it will start providing free roaming facility on incoming calls to customers from April 1st in the country.

The company has also unveiled, a range of international roaming value packs with unlimited incoming calls and bundled outgoing voice calls, SMS and data to international travellers visiting popular destinations overseas with immediate effect.

 

 

According to an Idea release here said, “Starting 1st April 2017, Idea will offer free incoming calls to all its customers roaming anywhere in India.”

It added, “The company is announcing, effective now, a range of International Roaming value packs with unlimited incoming calls and large amount of bundled outgoing voice calls, SMS and data to international travellers visiting popular destinations overseas.”

A company official said, mobile data tariffs and data pack benefits of the home circle would be available while roaming in India, while outgoing calls and SMSes would be at “affordable rates” while on domestic roaming.

Idea has introduced roaming value packs with free bundled usage of up to 400 outgoing minutes, 100 SMSes per day, large data volume and unlimited incoming calls for international travellers.

 

Idea offers free roaming facility to customers

 

Chief Marketing Officer Sashi Shankar said, “Idea is now set to enable over 200 million customers to use their mobile phones freely, without having to worry about roaming charges, while they travel anywhere in the country.”

 

 

He added, “While incoming calls will be free, customers will also be able to enjoy outgoing calls, SMS and data services at affordable rates, starting April 1st”

The roaming value packs start at Rs 1,199 for 10 days validity and go up to Rs 5,999 for 30 days validity.

Users can also chose a 10-day pack for short leisure travel or 30 day packs for continuous business trips or long stay.

The company said it has made an extensive study of customers’ travel destinations, usage patterns and bill shock complaints to design a new range of value packs for handpicked destinations across Europe (15 countries), Asia (9 countries), America (USA and Canada), UK (UK and Ireland) and the Middle East (UAE).

 

Business

Zomato acquires UberEats India for nearly Rs 2,500 crore

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New Delhi: Zomato on Tuesday announced that it has acquired Uber’s Food Delivery Business in India in an all-stock deal and Uber will have 9.99 per cent stake in the Deepinder Goyal-led food delivery platform.

According to sources close to the deal, it is in the range of over $350 million or nearly Rs 2,500 crore.

Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective from Tuesday.

“We are proud to have pioneered restaurant discovery and to have created a leading food delivery business across more than 500 cities in India. This acquisition significantly strengthens our position in the category,” said Goyal, Founder and CEO, Zomato.

According to company sources, for the first three quarters of 2019, “our Uber Eats business comprised 3 per cent of our global Eats gross bookings, but was more than 25 per cent of our global Eats Segment Adjusted EBITDA losses”.

Uber started its food delivery service in India around mid-2017, but has not been able to scale up in the face of big players like Zomato and Swiggy.

It currently has nearly 26,000 restuarants listed on its platform from over 40 cities.

The market is piping hot as according to a recent study by business consultancy firm Market Research Future, the online food ordering market in India is likely to grow at over 16 per cent annually to touch $17.02 billion by 2023.

Uber CEO Dara Khosrowshahi said that the Uber Eats team in India has achieved an incredible amount over the last two years.

“India remains an exceptionally important market to Uber and we will continue to invest in growing our local Rides business, which is already the clear category leader,” said Khosrowshahi.

“We have been very impressed by Zomato’s ability to grow rapidly in a capital-efficient manner and we wish them continued success,” he added.

On January 10, Zomato had announced that it has secured $150 million in fresh funding from Ant Financial, a subsidiary of China-based giant Alibaba.

The latest round of funding in Zomato, which currently value the company at $3 billion, is part of $600 million funding round announced by Zomato CEO Goyal at a Delhi event last December.

The deal comes in the wake of merger talks between Zomato and Swiggy, whoch both the companies have denied to date.

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