Shop LC GmBH partners with Vodafone, Germany Cable Network

Vaibhav Global Limited (VGL's) German subsidiary, Shop LC GMBH, further expanded its presence in Germany by partnering with Vodafone Germany on its nation-wide cable network. With this arrangement, Shop LC added ~13 million additional households in Germany.

Launched in July-2021, Shop LC was airing across cable and satellite TV networks and serving ~25 million households in Germany and additional ~2 million households in Austria. With this move, Shop LC's teleshopping network will now be present in ~90% of total households in Germany (~38 million).

Speaking on this occasion, Mr. Deepak Mishra, Managing Director, Shop LC GMBH, said, "We are excited that our association with Vodafone Germany will allow us to further expand our reach in the long run. This move has increased our coverage by additional 13 million households. We look forward to leverage upon the potential this partnership offers and are confident to capitalize on upcoming opportunities".

Source : Equity Bulls

Keywords

VaibhavGlobal VGL GermanSubsidiary ShopLCGmBH Expansion VodafoneGermany