Vodafone India MD and CEO Marten Pieters said that doing business in this country have not improved much in the last few months but it is “hopeful that change will happen” during announcement of company’s first half of financial result (April-September quarter 2014-15) in New Delhi.
“Its not nice to say, but it is reality. It is not like we said ‘its difficult to do business in India’, and we have not seen any changes so far in India but we are hopeful that change will happen,” he said.
Vodafone India has also filed a petition in Delhi High Court alleging the Department of Telecommunications (DoT) is indulging in “arm-twisting” and “coercive” tactics by refusing to sign its unified licence (UL) till the telecom major unconditionally accepts the “restrictive” clauses in the licence.
Going ahead, Pieters said the India (Narendra Modi government) should have ended the matter when telecom tribunal TDSAT allowed them to continue with the arrangements, but the government decided to do otherwise.