Vodafone Idea, IBM sign five-year deal for cloud platform

Vodafone Idea has signed a multi-million dollar five-year deal with IBM for cloud-based digital platform that will allow the telco to deliver an enhanced customer experience to its over 387 million users.

Both Vodafone and Idea Cellular had been partners of IBM prior to their merger and now the deal has been renewed for five years with the merged entity.

The deal with IBM will also contribute to Vodafone Idea’s merger synergy objective by reducing its IT-related costs.
Payment of the deal will be through vendor financing wherein IBM Global Financing, a wholly-owned subsidiary of IBM will support the company with an option of extended flexible payment plan structure for the term of contract.