Tanla Platforms says the decision to part ways with Vodafone Idea in November will have a negative financial impact of Rs 17 crore

21 Aug 2023 , 12:18 PM

Tanla, a company that provides enterprise communications, has said it intends to sever ties with Vodafone Idea later this year. In November 2021, the two businesses signed a term sheet with a two-year duration. The agreement to provide safe and encrypted international messaging traffic would not be extended, the business said in a regulatory filing on Friday. 

This partnership’s first term will not be extended. On a full-quarter basis after November 2023, this would have an impact on revenue of about Rs 17 crore and PAT of about Rs 9 crore, the business stated in a regulatory filing.

With Vodafone Idea, the cloud communications company has signed a term sheet in November 2021 for the provision of Platform and Firewall services for International A2P services.

The news broke just hours after Route Mobile announced it has partnered exclusively with telecom giant Vodafone Idea to offer A2P SMS monetization services.

‘Route Mobile will deploy its Artificial Intelligence/Machine Learning (AI/ML) driven analytical firewall solution, an SMS Hub on the VIL network, and aggregating international A2P SMS traffic on the VIL network,’ the company stated in a press release. ‘Route Mobile will provide comprehensive A2P monetization solutions to VIL.’

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