(CercleFinance.com) – Vodafone announced on Tuesday the signing of a ten-year strategic partnership with Microsoft, with the objective of offering new digital services to more than 300 million businesses.
Under the terms of the agreement, Vodafone plans to invest $1.5 billion in a series of projects in the areas of ‘cloud’ and artificial intelligence which will be carried out in collaboration with Microsoft.
In return, the American software giant intends to invest in Vodafone’s entity dedicated to managed Internet of Things (IoT) connectivity, which will become independent next April.
The agreement also provides for Microsoft to use Vodafone’s landline and mobile services.
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