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Will not shy away from tariff hike: Vodafone Idea CEO Ravinder Takkar

While the telecom company's second-quarter loss narrowed to Rs 7,218 crore, its operational performance was weaker compared to its peers.

The response of the government has been consistent. They said they want this sector to be healthy, it is a very strategic sector, too important for the country. They have said they want to see 3 private players and one public sector player in this se

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Vodafone Idea MD Ravinder Takkar

2 min read Last Updated : Oct 31 2020 | 12:26 AM IST

Vodafone Idea will not shy away from taking the lead in hiking mobile tariffs, the company management said in its post-result conference call on Friday. The financially stressed telco also set a three-month timeline to complete its proposed fundraising by early 2021.

While the telecom company’s second-quarter loss narrowed to Rs 7,218 crore, its operational performance was weaker compared to its peers. The pending Rs 58,000-crore adjusted gross revenue (AGR) dues and the refinancing of bank guarantees remain a major concern.

Chief financial officer Akshaya Moondra said so far the company had received Rs 2,000 crore from Vodafone

Topics : Vodafone Idea Tariff hike Telecom companies Adjusted gross revenue

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