In the meantime they are doing nothing to gain confidence of customers. With their so called cluster by cluster approach of network upgradation/integration they are loosing customers exponentially. What can customers do if they are aggressive in cost cutting.
Guys, do you think vodafone idea can survive even after getting AGR bailout package? They were already making close to 5k crore loss every qtr with or without AGR PROBLEM. This is huge by any large company standards even.
Oaktree Capital is a foreign financial company working aggressively in distressed funds has agreed to pay funds to Vodafone Idea against the potential realisation from the stake sale in advance, ETBFSI learned from sources close to the development.
bfsi.economictimes.indiatimes.com
And then pay off the remaining interest and penalties in installments over the next 15 years, maybe manage to get a little waiver from the government.
Based on Statista data for 2019, Vodafone has 17.2 million subscribers in the UK, 29.5 million in Germany, and over 13.7 million in Spain. Without Voda Idea, the Group will become smaller than Airtel and Jio.
In a fresh letter , vil demands floor price to be set at 35/GB, 50Rs. Fixed connectivity charge and 6 paise iuc charge . Well interesting how much of this sounds logical to DCC which will take call tomorrow on releif to telcos...
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