Vodafone signs MoU with WB government, to invest Rs 3,000 crore in the state

UK-headquartered Vodafone India Monday signed an MoU (memorandum of understanding) with the Mamta Banerjee-led West Bengal government to invest Rs 3,000 crore for capacity augmentation and new business initiatives over next three years.

The MoU signed on the sidelines of Bengal Global Business Summit 2017, also aims at strengthening Vodafone’s leadership position in the state by offering customers a SuperNet experience through enhanced network, Vodafone in a statement said.

India’s second-largest telco also aims to create more employment opportunities.