You are here: Home » Companies » News
Bharti Airtel chairman Sunil Mittal dials Voda, Jio to strike synergy note
Business Standard

Uncertain call remains for Vodafone Idea despite govt's relief package

The telecom relief package has offered the ailing telecom service provider only a breather; it will have to earn its way to the longer-term policy benefits

Topics
Vodafone Idea | Telecom | Adjusted gross revenue

Subhomoy Bhattacharjee  |  New Delhi 



Vodafone Idea
Vodafone Idea has been effectively told that the government support is contingent on the telecom service provider bringing in fresh capital

To save Vodafone Idea, the government’s challenge was to determine how much fiscal risk it was willing to absorb. This was why the package was delayed by a week; the Department of Telecom­munications (DoT) and the Ministry of Finance (MoF) argued over this point. The decision went down to the wire pretty late on Tuesday night before the Cabinet met on Wednesday morning to approve the package of nine reforms for the sector, five procedural changes plus four relief measures.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, September 17 2021. 06:03 IST

RECOMMENDED FOR YOU

.