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What Will It Take To Save Vodafone Idea...
If Kumar Mangalam Birla’s worst fears come true, India’s telecom industry could see another shakeup, turning it into a duopoly.
21 Jan 2020, 11:30 AM IST
If billionaire Kumar Mangalam Birla’s worst fears come true, India’s telecom industry could see another shakeup, turning it into a duopoly.“If we are not getting anything, then I think it is end of the story for Vodafone Idea,” Birla, chairman and co-promoter of Vodafone Idea Ltd., said in December, pitching for relief from thousands of crores in statutory dues. “It doesn’t make sense to put good money after bad...we will shut shop.”...
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