Vodafone Group Signs 10-Year Partnership With Microsoft
January 16 2024 - 2:52AM
Dow Jones News
By Najat Kantouar
Vodafone group said it has signed a 10-year strategic
partnership with Microsoft to offer scaled digital platforms to
businesses and consumers across Europe and Africa.
The U.K. telecommunications company said Tuesday that it will
invest $1.5 billion over the next 10 years in cloud and
customer-focused artificial-intelligence services developed with
Microsoft.
Microsoft will also invest in Vodafone's connectivity platform,
which will become a separate business by April, the company
said.
"Vodafone has made a bold commitment to the digital future of
Europe and Africa. This unique strategic partnership with Microsoft
will accelerate the digital transformation of our business
customers, particularly small and medium-sized companies, and step
up the quality of customer experience for consumers," Vodafone
Chief Executive Officer Margherita Della Valle said.
Write to Najat Kantouar at najat.kantouar@wsj.com
(END) Dow Jones Newswires
January 16, 2024 02:37 ET (07:37 GMT)
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