Vodafone Idea to remain as third private telco, not turning into a PSU: CEO
Vodafone Idea is confident it can reach a fundraising deal with potential investors, bolstered by a federal government package that provides much-needed relief to the debt-ridden mobile carrier, its chief executive officer said on Wednesday.
Investors were waiting to see whether New Delhi would ensure that at least three players exist in the telecoms sector and also wanted the funding to be used for business rather than paying government dues, said Ravinder Takkar, the CEO of Vodafone Idea. Read more
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