Prose Technologies Nears Deal with Vodafone Idea for Mobile Antennas: Report

Prose Technologies Set to Supply Mobile Antennas as Part of Vodafone Idea’s Network Expansion.

Highlights

  • Prose Technologies in final talks with Vodafone Idea for antenna supplies.
  • Prose aims for 10-12 percent year-on-year growth and USD 80 million revenue this year.
  • Green antennas set to revolutionise telecom networks, with strong demand in Europe.

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Prose Technologies Antenna Supply Deal with Vodafone Idea Expected to Close Soon: Report
Telecom gear maker Prose Technologies is reportedly in advanced discussions with Vodafone Idea (Vi) to finalise a deal for mobile antenna supplies, with shipments expected to commence by the end of this month or early next, according to a PTI report. Vodafone Idea has awarded a Rs 30,000 crore network expansion contract to Nokia, Ericsson, and Samsung to enhance its 4G and 5G infrastructure over the next three years.

Also Read: Vodafone Idea to Launch 5G in 17 Circles by March 2025: Report




Final Stages of Deal with Vodafone Idea

According to the report, Arshad Fakhri, President of Prose Technologies India, highlighted the deal at the recently concluded India Mobile Congress 2024. The deal, which is being finalised product by product, will primarily involve mobile antennas manufactured locally at Prose's Pune facility.

The company expects the current 4G expansion by all three operators—Reliance Jio, Bharti Airtel, and Vodafone Idea—followed by 5G, to drive its growth in the country.

Growth Projections and Revenue Goals

Fakhri expressed optimism about the company's growth prospects, projecting a 10-12 percent year-on-year growth over the next three years, with an expected revenue of USD 80 million (Rs 670 crore) in the current financial year.

"We are in the final stages of discussions with Vodafone Idea and we expect to close the deal at the earliest. The shipments have to start by the end of this month or early next month," the report quoted Fakhri as saying.

Fakhri noted that the next generation of telecom networks will be dominated by artificial intelligence (AI) workloads, which are fueling demand for green antennas, the report added.

Also Read: DoT Drafts Proposal to Waive Bank Guarantees for Spectrum Dues Following Vi’s Call: Report

Green Antennas Driving Telecom Innovation

The company is also pushing for the adoption of green technologies, introducing its Protreem antennas that operate at 85 percent efficiency, compared to 65 percent for legacy models.

These antennas are gaining traction in Europe, where they are sold at a 25 percent premium. Fakhri expects the growing demand for green antennas, supported by Indian telecom operators, to contribute to revenue in the next 6-12 months, according to the report.

Also Read: Vodafone Idea Set to Finalise IT Outsourcing Deals, Reducing Dependence on IBM: Report

Protreem Antennas Gain Traction in Europe

"The demand for green antennas is high in Western countries, especially Europe. They are being sold at a 25 percent premium compared to traditional antennas. We expect that volumes in Europe will bring economies of scale to the product, lowering the price of green antennas to a level that suits the cost economics of Indian telecom operators," Fakhri said, the report added.

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