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Vodafone Idea's new lifeline will be Amazom and Verizon

Hitesh Maurya

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Vodafone Idea is set to become a new investor in Verizon, America's largest wireless carrier and online shopping platform Amazon. The two companies want to buy a certain amount of Vodafone Idea for more than ৪ 4 billion. That is what came up in a media report.

Following the Supreme Court ruling, Vodafone Idea is now under a lot of pressure to do business. And Vodafone Idea is under a lot of pressure to write off the government's debt. The Supreme Court on Tuesday ordered the telecom company to repay a loan of Tk 1.4 trillion within 10 years. As a result, it is difficult for Vodafone Idea to repay this huge amount of debt at the moment. This is why Vodafone Idea is on its way to attracting new investors.

Currently Vodafone Idea needs such financial support. Only with this financial help will they be able to upgrade their network. Vodafone Idea currently owes the government Rs 50,400 crore. These loans are basically license fees, spectrum charges, interest and penalties. The company also incurred a financial loss of Rs 25,460 crore in the June quarter.

Online Shopping Platform Amazon is a very popular platform in India. Verizon, on the other hand, is not directly connected but operates in India through their media and online unit Oath Inc. Verizon has previously been associated with Bharti Airtel. Last July, the company launched their Bluejeans video conferencing service in India. At that time also the company was associated with Bharti Airtel.

So far no positive response has been received from these two companies. According to Vodafone, the two companies have not yet announced any financial investment. However, experts believe that Vodafone Idea may soon receive financial investment from Verizon and Amazon.

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Harley-Davidson’s LiveWire Electrical Motorbike Will become Its Own Brand name

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Harley LiveWire bike
Harley-Davidson

Harley-Davidson’s initial electric powered motorbike, the LiveWire, will become its very own standalone manufacturer right after viewing prevalent achievement. In actuality, the enterprise claims its LiveWire is the ideal-selling electrical motorcycle in the US, so it only helps make feeling to develop off of that momentum.

Previously this yr, Harley determined to make an fully new division within the most important company for electric motorcycles, and this is it. The idea right here is to gain from the Harley-Davidson title and father or mother business though allowing LiveWire branch off and spark its very own electric powered identification.

Harley-Davidson ideas to unveil the “first LiveWire branded motorcycle” along with the Intercontinental Motorcycle Show on July 8th.

Jochen Zeitz, CEO of High definition, had this to say about today’s announcement: “With the mission to be the most appealing electric bike manufacturer in the planet, LiveWire will pioneer the upcoming of motorcycling, for the pursuit of city journey and beyond. LiveWire also programs to innovate and acquire technological know-how that will be applicable to Harley-Davidson electric motorcycles in the foreseeable future.”

LiveWire Electric Motorcycle brand logo
LiveWire

So significantly, Harley and its LiveWire bike have struggled with the youthful technology. Harley explained that most house owners are from the more mature era or preceding Harley proprietors, not first-time consumers. That could be thanks to the more mature rough “Harley Davidson” perception or probably the costly $30,000 inquiring price of its 1st electric powered bike.

Both way, the organization hopes this is the ideal path forward for itself and electrical motorcycles general.

It is not distinct yet what we’ll see from the new LiveWire organization arrive July 8th. We could see an all-new urban bicycle that’s far more economical, or merely a relaunch of the current LiveWire by Harley, sans some H-D branding.

By using: electrek

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