Vodafone Idea CEO Says Govt Not Interested in Getting Equity

Vodafone Idea will have to figure out a way very fast to find a solution for reducing its debt and also investing in its networks at the same time. The good thing is, the telco has the time to do that now.

Highlights

  • Government might not take equity from the telcos against dues
  • Vodafone Idea is in a better position than what it used to
  • By sharing the infra costs, Vodafone Idea will be able to save money and also roll out new services faster

Follow Us

Vodafone Idea

Since the relief package has been announced, talks about the government getting an equity stake in the telecom companies against some part of their dues has been going on. But according to the recent statements from Ravinder Takkar, MD & CEO, Vodafone Idea, the government is not interested in getting equity of the telecom companies. At the same time, Takkar said in an interview with PTI that the government is focusing on keeping India a three private player market. This rules out the concern for any duopoly between Reliance Jio and Vodafone Idea in the medium or long term.




Vodafone Idea Will Have to Figure Out a Solution Fast

Vodafone Idea will have to figure out a way very fast to find a solution for reducing its debt and also investing in its networks at the same time. If the government at the end of the day isn’t interested in getting equity, it will mean that Vi will have to fend for itself. It can’t bank on the government getting an equity stake against the dues.

But the good thing is, the telco has the time to do that now. There’s no immediate pressure on the payments of the coming dues for the next four years. Further, it can now focus aggressively on expanding the reach of the 4G networks and also work on its 5G strategy for India. Vodafone Idea has the spectrum required, it can also work with other telcos in sharing infrastructure costs for 5G which will be of huge help.

By sharing the infra costs, Vodafone Idea will be able to save money and also roll out new services faster. The same applies to the other telcos as well. Reliance Jio and Bharti Airtel will also be able to save costs and roll out new services at a rapid pace. It will be interesting to look at what government comes up with regarding the same in the near future.

Reported By

Editor in Chief

Tanay is someone with whom you can chill and talk about technology and life. A fitness enthusiast and cricketer, he loves to read and write.

Recent Comments

B venkateswararao :

Now bsnl signal is poor

Around 70,000 BSNL 4G Towers Out of 1 Lakh Are…

Dhananjay :

I was quite surprised by the tone of the recent article. It’s unusual to see TelecomTalk take a critical stance…

Jio, Airtel and Vi's Data Vouchers have a Problem

Sujata :

Level od indeginous radios are not at per with the Global one. 2g radios are global vendor's, once 2g is…

BSNL to Deploy Additional 1 Lakh 4G Towers; Public Invited…

Sujata :

MP-CG coverage is good, at per with 2g.

BSNL to Deploy Additional 1 Lakh 4G Towers; Public Invited…

Load More
Subscribe
Notify of
guest
17 Comments
newest
oldest most voted
Inline Feedbacks
View all comments