InvestorQ : What is the way out for Vodafone Idea from current levels?
vidhya Laxmi made post

What is the way out for Vodafone Idea from current levels?

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sarah Leo answered.
4 months ago
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Vodafone is currently facing operational problems in India. It has been losing subscribers to Bharti and Jio consistently every month. Already, its net worth has been wiped out with accumulated losses of more than Rs.120,000 crore. There is the burden of Rs.180,000 crore of bank debt and Vodafone UK has already warned that the India business could become unviable. It is not just the bank loans but operational creditors and jobs are also at stake.

It is time for the government to act and syndicate a resolution. Otherwise, it may never happen. Vodafone UK and Birla Group will not infuse further capital. Government has to take the initiative to hammer out a solution among partners and potential buyers. It may be a private sector failure but macro externalities are huge. The essence is time and earlier this solution is found, the better it is for Indian business!

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